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| Hire Purchase Loan |
To provide financial credit to civil servants for purchase of the following assets:-
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(a) Furniture
(b) Personal Computers
(c) Electrical goods
(d) Motocycles
(e) Both new or used car
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| Furniture & Electrical Goods |
| Minimum Loan |
RM 1,000.00 |
| Maximum Loan |
RM 30,000 |
| Financing Percentage |
70% of the selling price |
| Repayment Period |
7 years |
| Interest Rate |
7 % |
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| Personal Computers |
| Minimum Loan |
RM 1,000.00 |
| Maximum Loan |
RM 5,000 |
| Financing Percentage |
70% of the selling price |
| Repayment Period |
7 years |
| Interest Rate |
7 % |
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| Brand new motorcycles |
| Minimum Loan |
RM 1,000.00 |
| Maximum Loan |
RM 6,000 |
| Repayment Period |
10 years |
| Interest Rate |
5.5 % |
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| Cars |
| Maximum Loan |
Depends on income and valuation of the vehicle |
| Repayment Period |
10 years |
| Interest Rate |
| Brand New |
5.5 % |
| Used car (above 10 years) |
6.5 % |
| Used car (less than 10 years) |
6 % |
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| Location Address |
Wisma PPS
Donggongon New Township
89500 Penampang
Sabah |
| Mailing Address |
Sabah Credit Corporation
P.O. Box 10451
88805 Kota Kinabalu
Sabah |
| TEL: 088-323888 |
| FAX: 088-718181 |
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Last updated : 17-11-2011 |
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