Koperasi Polis DiRaja Malaysia Berhad (KPDRM)

Discover KPDRM’s personalized personal loan options designed exclusively for members of the police cooperative. With flexible terms and tailored financing solutions, KPDRM ensures that members can access the financial assistance they need to meet their diverse needs and goals. Whether it’s for unexpected expenses, home improvements, education, or any other purpose, KPDRM’s personal loans provide a reliable and convenient way for police members to manage their finances effectively.

About KPDRM

Origins and Evolution

Established on April 24, 1928, the Koperasi Polis DiRaja Malaysia Berhad (KPD) began its journey with a noble mission: to alleviate the financial burdens faced by police personnel and departmental staff. Founded as a modest lending cooperative, KPD has since evolved into a formidable conglomerate with assets valued at RM689.5 million. Renowned for its commitment to its members’ financial well-being, KPD has earned the title of a “SELF-HELP COOPERATIVE COMPANY, THRIFTY FOR THOSE IN POLICE JOBS, IN NEGERI MELAYU BERSEKUTU WITH LIMITED LIABILITY.”

Led initially by 42 dedicated policemen, including notable figures such as SM Sheq Mohamad and SM Kula Singh, KPD achieved a significant milestone on July 12, 1976, when it was rebranded as “KOPERASI POLIS DIRAJA MALAYSIA BERHAD (KPD).” This transformation heralded a new era of growth and expansion for the cooperative.

Diversification and Expansion

Branching out into various industries, KPD diversified its portfolio to include construction, engineering, computer technology, hospitality, real estate, aviation, education, and transportation. This strategic expansion not only broadened KPD’s scope but also provided ample opportunities for its members to engage in diverse economic activities.

Moreover, KPD holds the distinction of being one of the four financial institutions recognized by Parliament as a Bumiputra Fund Agency, alongside Permodalan Nasional Berhad (PNB), Lembaga Tabung Angkatan Tentera (LTAT), and Lembaga Tabung Haji (LTH). This recognition underscores KPD’s pivotal role in advancing the economic interests of Bumiputra communities and contributes significantly to the nation’s financial landscape.

In essence, KPD’s journey from its humble beginnings to its current stature as a multifaceted conglomerate exemplifies its unwavering dedication to serving its members and fostering socio-economic progress within the Malaysian police force and beyond.

Financial Solutions

Comprehensive Financing Facilities

Koperasi Polis DiRaja Malaysia Berhad (KPDRM) stands steadfast in its commitment to meeting the diverse financial needs of its members. Through a range of financing facilities, KPD offers tailored solutions designed to alleviate financial strains effectively. These services include:

• Unsecured Personal Financing: Flexible financing options without the need for collateral, providing immediate access to funds for various purposes.

• Guaranteed Financing: Secure financing solutions backed by collateral, offering higher loan amounts and competitive interest rates.

• Express Financing: Quick and hassle-free financing options designed to meet urgent financial requirements with minimal processing time.

• ASBi-KOP Financing: Specialized financing schemes tailored to address specific needs, ensuring accessibility and affordability for members.

• Consumer Financing: Financing solutions designed to facilitate the purchase of consumer goods and services, enhancing member convenience.

• Fee Financing: Financing options to cover various fees and charges, enabling members to manage financial obligations efficiently.

Member-Centric Approach

At Koperasi Polis DiRaja Malaysia Berhad (KPDRM), member welfare remains paramount. The cooperative ensures accessibility to a wide array of financing options, empowering members to address their financial needs conveniently. Whether it’s obtaining personal loans, securing guaranteed financing, or benefiting from specialized schemes like ASBi-KOP financing, KPD prioritizes member convenience and financial well-being at every step.

Upholding a Legacy of Support

Through its unwavering dedication to supporting police personnel and staff, Koperasi Polis DiRaja Malaysia Berhad (KPDRM) fosters a culture of financial stability and empowerment within the community. By providing comprehensive financing solutions and personalized services, KPD continues to uphold its legacy as a trusted partner for financial growth and prosperity.

Personal Financing

Unsecured Personal Financing

Koperasi Polis DiRaja Malaysia Berhad offers an unsecured personal financing product tailored to eligible members’ requirements. Here’s what you need to know about this offering:

Key Features:

• Profit Rate: Calculated based on a fixed rate (flat rate), ensuring transparency and predictability for members.
• Maximum Financing: Members can access financing up to RM150,000.00, subject to eligibility criteria.
• Financing Period: Enjoy a maximum financing period of 10 years (120 months), providing flexibility in repayment.
• Shariah Compliance: This product adheres to Shariah principles, specifically the concept of Tawarruq, ensuring it is in line with Islamic finance principles.
• Interest Rate: Charged at 4.50% annually, calculated at a fixed rate (flat) according to the approved financing period.
• Profit Calculation: Based on the “Rule 78” or “Sum of the Years” Digits method, ensuring fair and equitable profit distribution.
• Sinking Fund: A sinking fund of 1.0% for financing of RM20,000 or 2.0% for financing exceeding RM20,000 is applied. This fund serves as an internal mechanism, offering an alternative to Takaful.
• Processing Charge: A nominal processing charge of RM100.00 is applicable for each approved funding application, ensuring smooth processing.
• Initial Installment: Members availing financing over a 60-month period are required to provide two months’ initial installment upfront. Subsequent installments are deducted through pay cuts, ensuring convenience for members.

This personal financing product from Koperasi Polis DiRaja Malaysia Berhad is designed to empower members with accessible and transparent financing options to meet their diverse financial needs effectively.

Guaranteed Personal Financing

Koperasi Polis DiRaja Malaysia Berhad provides a guaranteed personal financing product tailored to members’ needs. Here’s what you need to know:

Key Features:

• Profit Rate: Calculated based on a fixed rate (flat rate), ensuring transparency and predictability for members.
• Maximum Financing: Members can access financing up to RM10,000.00 or 12 months’ salary principal + accrued fees, whichever is lower.
• Financing Period: Enjoy a maximum financing period of 5 years (60 months), providing flexibility in repayment.

Express / Easy Financing

Discover the Express / Easy Financing product from Koperasi Polis DiRaja Malaysia Berhad, offering swift financial assistance to members:

Key Features:

• Fast Processing: This product is designed for members seeking quick financial solutions.
• Profit Rate: Calculated based on a fixed rate (flat rate), ensuring transparency and ease of understanding.
• Financing Range: Total financing ranges between RM1,000.00 to RM2,000.00, subject to the total fees accumulated by members in KPDRM.
• Financing Period: Enjoy a maximum financing period of 1 year (12 months), providing short-term financial assistance.

Contact Koperasi Polis DiRaja Malaysia Berhad

Koperasi PDRM Berhad
Jalan Sultan Sulaiman, Kampung Attap
50000 Kuala Lumpur

Tel: 03-2260 8888 / +603 2260 8999
Fax: +603 2273 2162 / +603 2273 0552