Yayasan Ihsan Rakyat (YIR)
Yayasan Ihsan Rakyat (YIR) offers Shariah-compliant personal financing exclusively for Malaysian Civil Servants and selected employees of Statutory Bodies and Government-Linked Companies (GLCs). Funded by RCE Marketing Sdn Bhd, a Bumiputera-owned company, YIR provides trusted financial solutions tailored to the needs of public sector employees. Learn more and apply today for reliable and ethical financing options.
Introduction
YIR is a Shariah-compliant financing provider incorporated under the Companies Act 2016 (Registration No: 201201017719 [1003231-A]). Unlike cooperative societies, YIR operates as a foundation, offering tailored financing solutions for Malaysian civil servants and employees of selected statutory bodies and government-linked companies (GLC).
A Financial Solution
YIR offers personal loans exclusively for federal government employees (Akauntan Negara) and members of the Royal Malaysia Police (PDRM). These loans are processed through payroll deductions and will appear on your payslip with the notation “Yayasan Ihsan Rakyat- YIR.” With a fast approval process, your loan can be disbursed in the next payroll cycle.
Advantages
- Shariah-compliant financing with competitive profit rates from 6.50% to 9.99% p.a.
- Quick disbursement: Your funds are available within 48 hours upon approval.
- No collateral required, making it easier for you to secure financing.
- Flexible financing up to RM200,000 and repayment tenures of up to 10 years.
- Available exclusively to Malaysian civil servants and employees of selected statutory bodies and GLCs.
Eligiblity
YIR are open to:
- Federal government employees (Akauntan Negara, AG)
- Members of the Royal Malaysia Police (PDRM)
Eligibility Criteria:
- Age: 26 years and above.
- Employment Status: Must be a permanent employee (not contract-based).
- Minimum Salary: RM2,000 per month. If your salary is less than RM2,000, we recommend applying for a Petronesa loan instead, or your interest rate will increase to 7.88%.
- Work Experience: Must have been employed for at least 1 year.
- Payslip Deduction: Your payslip must be deducted through the PGM system (employer salary deduction) and not through Biro Angkasa.
Ineligible Applicants:
- Employees from state government, universities, district councils, and municipal GLCs are not eligible, as their salary deductions do not comply with the YIR system.
Fully Shariah Compliant Financing
YIR offers fully Shariah-compliant personal financing solutions that require an akad (formal agreement) to ensure complete understanding of the terms and conditions. With no collateral required, enjoy exclusive profit rates ranging from 6.50% p.a. to 9.99% p.a.—tailored to meet your financing needs.
Fast, Fair, and Easy Financing
YIR provides quick, easy, and transparent financing to help you achieve your financial goals, whether it’s for personal needs, education, medical expenses, or business ventures.
- *48-Hours Disbursement **
- Financing Amount up to RM200,000
- Tenure up to 10 Years
Open to All
Malaysian Civil Servants and Selected Statutory Bodies and GLC Employees
YIR’s financing is available to Malaysian civil servants and employees of selected statutory bodies and government-linked companies (GLC).
Note: Disbursement is subject to complete documentation, employer verification, and customer confirmation through akad.
How to Apply
Step 1: Check Your Eligibility
Ensure you meet the eligibility requirements, including being a permanent government employee with the necessary salary and work history.
Step 2: Submit Your Application
Prepare the required documents, including your latest payslip and relevant personal details. Make sure your payslip complies with the PGM deduction system.
Step 3: Loan Approval Process
Once your application is submitted, the approval process will take 5 to 10 working days. YIR will contact you to confirm your loan details and provide further information.
Step 4: Receive Your Loan
Once approved, the loan amount will be disbursed directly into your bank account, and repayments will be deducted from your payroll every month.
Our financing options aim to help individuals manage personal expenses, education fees, start a business, cover medical bills, and more.
Popular Personal Loans
Home Renovation Financing
Thinking of upgrading your home or fixing a few things around the house? With YIR’s personal loan, you can fund everything from major renovations to small repairs — all without the financial stress. Ready to refresh your space? Apply today.
Education Financing
Whether it’s helping your children pursue their studies or investing in your own education, this flexible financing option makes it easier to cover school fees, university costs, and more. Support your learning journey — start your application now.
Business Financing
Planning to launch a new business or grow your current one? YIR offers financing designed to help entrepreneurs take the next step with confidence. Turn your business ideas into reality — get funded today.
Medical Financing
Healthcare costs can be overwhelming, but they don’t have to be. Use this loan to cover medical treatments, purchase health equipment, or manage unexpected expenses with ease. Take care of your health — apply for support now.
Umrah & Hajj Financing
Dreaming of performing Umrah or Hajj? YIR’s financing helps make your spiritual journey possible by covering the high costs of travel and preparation. Make your pilgrimage happen — apply now.
Debt Consolidation
Managing multiple loans? YIR’s debt consolidation option helps you streamline your payments into one manageable plan, giving you better control over your finances. Simplify your repayments — consolidate with YIR today.
Product WA
If you’re a full-time government employee, a member of the police force (PDRM), or working with UPM or UITM, this loan is built for you.
- Interest rate: 5.99% per year (flat)
- Loan term: 1 to 10 years
- Payout: 89% after deducting one month’s advance
- Amount: RM3,000 to RM150,000 (higher amounts may be considered)
To qualify, make sure your credit history in CTOS and CCRIS is clean, and you’ve had no issues with past repayments. Thinking of upgrading your home or consolidating your finances? This could be the right fit.
Product I7
This option is ideal for government staff who want competitive rates and flexible terms.
- Interest rate: 7.99% per year (flat)
- Loan term: 1 to 10 years
- Payout: 80% after deducting one month’s advance
- Amount: RM3,000 and above
Even with a slightly lower payout, this loan is designed to support applicants with varied credit backgrounds. If you’re looking for a balance between affordability and access, I7 is worth considering.
Product I8
Similar to I7, but with a few extra perks — no cooperative fees or share entry charges.
- Interest rate: 7.99% per year (flat)
- Loan term: 1 to 10 years
- Payout: 80% after deducting one month’s advance
- Amount: RM3,000 and above
It’s a clean, straightforward loan that’s popular among government employees. Need financing without the extra fees? I8 keeps things simple.
A Quick Tip
If you’ve got an existing loan — with YIR or another provider — it’s a good idea to settle it first. It’ll make your new application smoother and improve your chances of approval. Clear the way for your next step. Let’s make it happen.
YIR 6.88%
YIR offers two interest rates based on the applicant’s financial situation.
- Interest Rate: 6.88% per annum.
- Loan Amount: Up to RM150,000.
- Payout: 80% of the approved loan amount, minus 1 month’s advance payment.
- Approval Time: 5 to 10 working days.
- Minimum Salary: RM2,000. For applicants earning less than RM2,000, the interest rate will be 7.88%.
- CTOS Commitment: Applicants with CTOS records under RM15,000 are eligible. If the CTOS record exceeds RM15,000, the interest rate will increase to 10% per annum.
YIR 7.88%
This interest rate applies to:
- Applicants earning less than RM2,000 per month.
- Minimum Net Salary after loan repayment must be at least RM900.
- Payout: 80%, minus 2 months’ advance payment.
- CTOS Commitment: If the CTOS record exceeds RM15,000, the application will be rejected.
- Loan Term: All approved loans have a 10-year repayment period, as mandated by Bank Negara Malaysia.
Advantages
- Competitive Interest Rates: Starting from 6.88%, YIR offers lower rates than many other personal loan providers.
- Quick Approval: The loan approval process takes 5 to 10 working days, ensuring fast access to funds.
- No Guarantor Required: No need to find a guarantor, making the loan process simpler.
- Payroll Deduction for Easy Repayment: Loan repayments are deducted directly from your payroll, making it hassle-free.
- Exclusive to Government Employees & PDRM: The loan is exclusively available to federal government employees and PDRM members, giving them a tailored financial solution.
Conclusion
Whether you’re looking to finance your lifestyle, business, education, or medical needs, YIR offers a reliable and Shariah-compliant solution for Malaysian civil servants and eligible GLC employees. With fast processing and transparent terms, it’s the ideal choice for your financial needs.
*Source: yir.com.my official website
Contact Us
For more information or to start your application, please contact us:
Address:
Yayasan Ihsan Rakyat
Lot 33.01-02, Tingkat 33
Sunway Putra Tower, 100, Jalan Putra,
50350 Kuala Lumpur
Phone: 03-4047 0888 (General Line)
Fax: 03-4047 0856
