Who Can Apply

  • Open to all permanent employees in the Financial Insitutions irrespective of rank. Joint borrowing allowed provided both husband and wife are employed in licensed financial institutions. Total installment payment can be from a combination of both salary deduction.
  • Pre Condition – must be a member of Koperasi Pekerja Pekerja Bank Malaysia Berhad.
  • For purchase of property.


  • Min basic salary RM 3,000 per month.
  • Min Loan RM 50,000.
  • Max Loan RM 750,000.
  • Min Tenure 5 year.
  • Max Tenure 35 years or retirement age whichever the earlier.
  • Margin of finance as follows:
Residential 80% of Open Market Value (OMV)
Land 60% of Open Market Value (OMV)
Commercial 85% of Open Market Value (OMV)
  • Interest Rate :
Below RM 350,000 5.0% on monthly rest
Above RM 350,000 to RM 750,000 4.70% on monthly rest
  • All deductions shall be thru Salary Deduction.
  • Retention Period is 5 years from date of full disbursement.
    • Compensation charges of 5% flat on the original loan amount will be levied during the first 5 years.
  • MRTT (Mortgage Reducing Term Takaful) cover to be taken from our panel insurer.
  • Processing Fee of RM300.00
  • Administration Fees of RM21.20 shall be charged monthly on all borrowers. The administration Fees will be inbuilt into the installment amount before the Consent for Salary Deduction is sent to the borrower's employer.
  • Fire Policy - for security with erected building annual fire policy is a must. All fire policy renewal shall be thru Koperasibank's panel insurer. If the amount remains unpaid Koperasibank shall insure the property and the amount shall be charged to loan amount.
  • Legal fees are included in the financing amount.
  • On disbursement of the loan, 2 months installment shall be held as "buffer" to circumvent late payments which could arise from funds received late from the FIs (Financial Institutions).
  • Total deductions inclusive of loan installment and all other deductions shall not exceed 50% of the borrower's basic salary (Employment Act 1955 - Section 24.8)

All payments to Koperasi Pekerja Pekerja Bank Malaysia Berhad shall be thru salary deduction. This would include your monthly Subscription, Insurance Premiums & Loan Installments.

The following are the documents required to be duly completed and forwarded to us.

Use the Check-list. It will guide you thru.

(Note: Click to view and download the pdf. Must have adobe reader to view the pdf.)

What's New

  • "KOPERASIBANK GIVES BACK" KoperasiBank’s social initiative was to give back to society.
  • Suruhananjaya Koperasi Malaysia (SKM) had approved the incorporation of three (3) subsidiary companies under subsection 19.1 Akta Koperasi 1993.
  • KoperasiBank had sold Burger King outlet, Desa Sri Hartamas back to Cosmo Restaurant Sdn Bhd.
  • KoperasiBank held its 30th Annual General Meeting at Hotel Istana, Kuala Lumpur City Center, on 3rd of June 2016 at 7 p.m