Best Government/GLC Personal Loans in Malaysia 2025

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What Is A Government/GLC Personal Loan?

It's a special type of financing exclusively for individuals working in Malaysia's government sector or for selected Government-Linked Companies (GLCs). Think of it as a special perk for civil servants and employees of these specific government-affiliated organizations. Like any other loans, government personal loans share similar features such as competitive rates, flexible repayment and high borrowing amounts. There are a variety of government personal loans in Malaysia has to offer, from banks to cooperatives, conventional loans to Islamic loans, and secured loans to unsecured loans.

What makes these loans exciting? They often come with some truly appealing benefits! You might find lower interest rates, more flexible repayment terms, and even higher borrowing amounts compared to standard personal loans. Plus, repayments are often conveniently deducted directly from your salary through systems like Biro Angkasa, making budgeting super easy and reliable.

Who can apply for a government personal loan in Malaysia?

Government loans are meant for those working in the government sector only. 

Who can apply for Government Personal Loan

What are the features and benefits of personal loan for government employees?

While personal loans for government employees in Malaysia share some similarities with general market loans, they truly stand out because of a highly beneficial features! These unique aspects are specifically designed to offer more accessible and favorable borrowing conditions. 

Benefit 1: A lower income requirement

One of the most significant advantages for government employees is the remarkably lower income requirement to qualify for these specialized personal loans. Many of these programs welcome applicants with monthly incomes starting from as low as RM800, which is a real game-changer! While the exact minimum might vary slightly between different banks or cooperatives (koperasi), this feature opens doors to financial assistance for a much wider range of civil servants across Malaysia.

Benefit 2: Fixed and low-interest rate

Another fantastic benefit of these government loans is their fixed and low interest rate, which remains consistent throughout your entire loan period. This stability is a huge plus, making budgeting your monthly expenses incredibly straightforward and predictable, removing any worries about fluctuating costs. This is because government employees are required to repay the monthly instalments through salary deductions via Biro Perkhidmatan Angkasa (BPA), giving banks greater certainty.

What are the documents to apply for a government loan in Malaysia?

In any government personal loan application, you will need to prepare documents such as a copy of your IC, salary slips, bank statements and other supporting documents for the bank to process and approve your government loan so that you can receive your money quickly.

Here are the common documents required by banks for government loan applications for your easy reference:

  • Copy of your IC (front and back)
  • Latest salary slips (depending on the bank)
  • Confirmation letter from employer (depending on the bank)
  • Latest bank statement from your salary crediting account (depending on the bank)
  • Latest EA Form (depending on the bank)
  • Latest B/BE Form with validated receipt (depending on the bank)
  • Other supporting documents may be required (depending on the bank)

Which banks offer the best personal loan government servant in Malaysia? 

Some of the best loans for government employees include loans from Public Bank, Affin Islamic Bank, MBSB Bank and several others.

Here's a quick browse of some of the best personal loans for government employees.

Bank/Financing Company Interest/Profit RateMinimum Monthly Income Loan/Financing Amount Loan Tenure
Bank Muamalat Cash-i SMART 6.99% - 10.99% p.a.RM2,000 RM10,000 - RM250,000 1 - 7 years
MBSB Bank 6.05% - 15% p.a.RM3,000 RM50,000 - RM250,000 2 - 10 years
Public Bank 3.99% - 4.45% p.a.RM1,500 RM5,000 - RM350,000 2 - 10 years
Bank Islam 7.15% - 9.05% p.a.RM2,000 RM10,000 - RM400,000 1 - 10 years
AmBank 4.25% - 5.90% p.a. RM1,500 RM5,000 - RM200,000 2 - 10 years
UKHWAH 4.35% - 4.99% p.a. RM1,500 RM2,000 - RM250,000 2 - 10 years
Bank Rakyat 3.42% - 5.22% p.a.RM1,600 RM5,000 - RM400,000 1 - 10 years
RHB 5.75% - 18% p.a. RM2,000 RM2,000 - RM300,000 2 - 10 years
BSN 4.60% - 8.50% p.a. RM1,500 RM5,000 - RM400,000 1- 10 years
Affin Islamic Bank 3.50% - 5.30% p.a. RM1,500 RM2,500 - RM250,000 2 - 10 years
Agrobank 6.45% - 7.85% p.a. RM1,000 RM5,000 - RM250,000 1 - 10 years
Yayasan Ihsan Rakyat 6.65% - 9.99% p.a. RM1,500 RM3,000 - RM300,000 1 - 10 years
Yayasan Dewan Perniagaan Melayu Perlis 6.65% - 9.99% p.a.RM1,500 RM3,000 - RM300,000 1 - 10 years

Before you get on with the loan application, make sure you compare all government loan rates, income requirements and benefits to get the best value out of your commitment.

How to apply for a personal loan for government servant with RinggitPlus?

Nowadays, you can compare and apply for government loans online easily on RinggitPlus. And even better, you can also get loan recommendations with us as well! With just one click away, our WhatsApp chatbot will help assess your financial profile and recommend loans that fit you. Click on the Apply For Loan button above to proceed.

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