Direct Lending

Direct Lending is an online personal lending platform that aims to provide a better borrowing experience to consumers in Malaysia - fast, simple, safe and affordable. We are an authorised marketing representative for the civil servant personal financing facilities originated by RCE Marketing Sdn Bhd (a subsidiary of the Bursa Malaysia listed company, RCE Capital Berhad) through Yayasan Ihsan Rakyat and Yayasan Dewan Perniagaan Melayu Perlis Berhad. In addition, we also offer civil servant personal financing from Public Islamic Bank, RHB Islamic Bank, Koperasi KOBETA, Koperasi KOPUTRI, Koperasi Ukhwah and other selected co-operatives in Malaysia. We recently broaden our loan product offerings for private sector workers by collaborating with JCL Credit Leasing Sdn Bhd (also known as Japan Credit Leasing), a licensed lender registered under KPKT. Stay tuned as we work to introduce other great products and services. How much can I borrow? How do I repay the loan? For civil servant personal loan, depending on the financing provider, you can borrow up to RM250,000 with flexible loan terms of between 1 and 10 years. Your loan is repaid on a monthly basis via non-discretionary salary deductions processed by either the Accountant General's Department or the Angkatan Koperasi Kebangsaan Malaysia Berhad (Angkasa). For private sector personal loan, you can borrow up to RM50,000 with loan terms between 1 and 5 years. You can repay your loan on a monthly basis via Interbank GIRO (IBG), cash deposit, cheque deposit, or MEPS ATM fund transfer. Your maximum loan amount is determined by your personal background, credit profile, current financial situation and commitment. Do I need to make an upfront payment in order to apply for a loan? No, we never take or request for any money from our customers at any time. We earn our income through commission granted directly by the financier when your loan is approved and disbursed. Am I eligible to borrow? For civil servant personal loan, you are eligible to borrow if you are currently: A Malaysian citizen aged between 20 and 58 years old Have a permanent job in the civil sector and with at least 6 months of service Minimum gross monthly income of RM1,500 For private sector personal loan, you are eligible to borrow if you are currently: A Malaysian citizen aged between 18 and 60 years old Minimum gross monthly income of RM1,000 Cuurrently only for those working and living in Kuala Lumpur, Putrajaya, Selangor, Negeri Sembilan or Penang In all cases, you must not in bankruptcy and can afford the loan repayment How long is the loan application process? It takes just a few minutes to fill out the online application form and you will find out instantly whether you qualify for the loan and the indicative rate. If you like what you see, you can continue with the application process. Once we receive your complete documentation, depending on the financing package that you have applied for, you could receive the financing from 2 working days* to about 2 weeks.