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| Project Loans |
| The Project Loan facilities are available for financing of projects or business such as Agriculture and Animal Husbandry, purchase of Shophouses, Business, Bridging, Professional and a Bumiputera Special Scheme. |
Bridging Loans
- To finance constructions of housing estates and shophouses.
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| Minimum Loan |
RM 100,000.00 |
| Maximum Loan |
Subject to project types and board approval |
| Financing Percentage |
70% development cost |
| Repayment Period |
3 Years (maximum) |
| Interest Rate |
8.5 % |
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Shophouses Loans
- To finance the purchase of shoplots.
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| Minimum Loan |
RM 10,000.00 |
| Maximum Loan |
RM 1,000,000.00 |
| Financing Percentage |
80% of the market value of the property |
| Repayment Period |
25 Years |
| Interest Rate |
8.0 % |
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Agriculture and Animal Husbandry Loans
- To finance agriculture and animal husbandry projects/businesses.
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| Minimum Loan |
RM 5,000.00 |
| Maximum Loan |
RM 250,000.00 |
| Financing Percentage |
60% of the market value of the property |
| Repayment Period |
5 Years (maximum) |
| Interest Rate |
8.5 % |
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Professional Loans
- For professional members to finance the setting up of their operations/businesses.
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| Minimum Loan |
RM 10,000.00 |
| Maximum Loan |
RM 150,000.00 |
| Financing Percentage |
60% of the market value of the property |
| Repayment Period |
10 Years |
| Interest Rate |
10 % |
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Business Loans
- To finance various businesses ventures.
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| Minimum Loan |
RM 3,000.00 |
| Maximum Loan |
RM 250,000.00 |
| Financing Percentage |
60% of the market value |
| Repayment Period |
5 Years |
| Interest Rate |
8.5 % |
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Bumiputera Special Loan Schemes
- To finance bumiputeras' ongoing small and medium projects/businesses.
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| Minimum Loan |
RM 1,000.00 |
| Maximum Loan |
RM 5,000.00 (if security personal guarantee)
RM 10,000.00 (if security is landed properties subject to the value of the security and the loan requirement of the project)
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| Repayment Period |
5 Years |
| Interest Rate |
5.0 % |
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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 : 31-01-2013 |
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