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Loan Scheme to Small Contractors
Loan Scheme to Small Contractors
Maximum Loan Amount
Rs 25M
Interest Rate
3.5% p.a
Repayment Period
Up to 5years
Purpose of Loan
To improve competitiveness of local construction companies
Financing
90% of cost of project up to a maximum of Rs 25M.
10% own funds
10% own funds
Eligibility
Small Contractors registered with CIDB and having secured contracts of less than Rs20.0M
Security
As per DBM Terms and Conditions