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.

Koperasi Polis DiRaja Malaysia Berhad KPDRM

Koperasi Polis DiRaja Malaysia Berhad (KPDRM): Summary

  • Koperasi Name: Koperasi Polis DiRaja Malaysia Berhad
  • Abbreviation / Code Name: KPDRM
  • Koperasi Promotion Name: General info about Personal Loan Koperasi Polis DiRaja Malaysia Berhad
  • Personal Loan Promotion Period: ~ call for confirmation ~

About Koperasi Polis DiRaja Malaysia (KPDRM) Berhad

Pinjaman Peribadi Koperasi Polis DiRaja Malaysia (KPDRM) Berhad

Established on April 24, 1928, the Koperasi Polis DiRaja Malaysia Berhad (KPD) emerged with a noble mission: alleviating the financial strain on police personnel and departmental staff. Evolving from a modest lending cooperative, KPD has transformed into a formidable conglomerate, boasting assets valued at RM689.5 million. Renowned as a “SELF-HELP COOPERATIVE COMPANY, THRIFTY FOR THOSE IN POLICE JOBS, IN NEGERI MELAYU BERSEKUTU WITH LIMITED LIABILITY,” KPD embodies a commitment to its members’ financial well-being.

Initially led by 42 dedicated policemen, including prominent figures like SM Sheq Mohamad and SM Kula Singh, KPD underwent a significant milestone on July 12, 1976, when it was rebranded as “KOPERASI POLIS DIRAJA MALAYSIA BERHAD (KPD).” This change marked a new era of growth and expansion for the cooperative.

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.

Personal Loan Koperasi Polis DiRaja Malaysia Berhad

Koperasi Polis DiRaja Malaysia Berhad (KPD) remains dedicated to facilitating its members’ needs, foremost through financing facilities aimed at alleviating financial strains. These services include Unsecured Personal Financing, Guaranteed Financing, Express Financing, ASBi-KOP financing, Consumer Financing, and Fee Financing. With a commitment to member welfare, KPD ensures accessibility to these diverse financing options, providing avenues for members to address various financial requirements efficiently. Whether seeking personal loans, guaranteed financing, or specialized schemes like ASBi-KOP financing, KPD prioritizes member convenience and financial well-being. Through these initiatives, KPD continues its legacy of supporting police personnel and staff, fostering a culture of financial stability and empowerment within the community.

Unsecured Personal Financing: Empowering Members' Financial Needs

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.

Unsecured KPDRM Loan

4.50%

/p.a

Guaranteed KPDRM Loan

Flat rate

/p.a

Express KPDRM Loan

Flat rate

/p.a

Guaranteed Personal Financing: Empowering Members' Financial Security

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.

Koperasi Polis DiRaja Malaysia Berhad Express / Easy Financing: Fast-track Financial Solutions

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.

https://kpd.com.my

Contact Koperasi Polis DiRaja Malaysia Berhad

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