Whether you are working or a permanent resident of Sandakan, getting a personal loan in the city is not that difficult. There are plenty of banks that offer personal loan facilities and services in Sandakan.
Known for its eco-friendly destinations, Sandakan is a popular tourist destination in Sabah. The second biggest city of Sabah, Sandakan takes pride in having a vibrant culture cloaked in old world charm.
Some of the popular must-visit sites in Sandakan include, Sandakan Big Market, Sandakan War Memorial Park, All Angels Cathedral, Agnes Keith House, and Buli Sim Sim, to name a few. The city is surrounded by plenty of eco-friendly destinations, including Turtle Island, Crocodile Farm, Lankayan Island, and more.
|Banks||Interest/Profit Rates (p.a.)||Loan Tenure||Min. Yearly Income||Min. – Max. Loan Amount||More Info.|
|Alliance Cashfirst Personal Loan||EIR 14.73% to 24.37%||1 to 7 years||RM36,000||RM5,000 to RM150,000|
|Standard Chartered Quick Cash Edge||Starts from 6.99%||1 to 7 years||RM24,000||Up to RM250,000|
|HSBC Amanah Personal Financing-i||8.75%||2 to 7 years||RM36,000||RM6,000 to RM150,000|
|CIMB Cash Plus Personal Loan||ELR 14.50% to 24%||1 to 5 years||RM24,000||RM2,000 to RM100,000|
|Hong Leong Bank Personal Loan||EIR 12.38% to 24.82%||2 to 7 years||RM24,000||RM5,000 to RM100,00|
|UOB Personal Loan||EIR 17.96% to 21.57%||1 to 5 years||
||RM5,000 to RM100,000|
|AmBank AmMoneyLine||EIR 14.13% to 20.30%||1 to 5 years||RM24,000||RM100,000|
|RHB Personal Financing||13.45% up to EIR 24%||1 to 7 years||RM24,000||RM2,000 to RM150,000|
|Maybank Personal Loan||ELR 11.53% to 14.68%||2 to 6 years||RM30,000||RM5,000 to RM100,000|
|Bank Islam Personal Financing-i Public Sector||4.99% p.a.||1 to 10 years||RM24,000||RM10,000 to RM200,000|
EIR = Effective Interest Rate
ELR = Effective Lending Rate
Q. How can I apply for a personal loan?
A. You can apply both online or offline. For online application, you need to go to the concerned bank’s page and fill up the required fields. You can also submit all the required documents online. For offline application, you need to pay a visit to the bank to complete all the formalities.
Q. What are the operating hours for the banks based in Sandakan?
A. Working hours are similar to any other Malaysian banks. It’s a 5-day workweek for most of the banks located in Sandakan. Some banks may stay open on the Saturdays and Sundays. The daily working hours generally vary between 8 a.m. and 5:30 p.m. Also, some do not operate from 12:45 p.m. to 2:45 p.m. on Fridays due to prayers.