PUTRAJAYA: From next year onwards civil servants can apply for housing loans via the Malaysian Treasury’s integrated housing application system portal.

“It is a simple process and is one of our innovations that will save us more than RM1 million in costs yearly to print out forms,” Treasury Housing Loan Division secretary Datuk Shuib Md Yusop told reporters after the launch of the portal by Treasury (Management) deputy secretary general Datuk Nozirah Bahari here today.

He said once the applicants obtained conditional approval, they could submit the processing fee via Internet banking.

“They would then be given two weeks to send the supporting documents for processing.

“When their application is fully approved, we will duly inform them through the short-messaging-service (SMS),” he said.

According to Shuib, his division had received 400 applications through the portal which can be accessed through https://sppb.treasury.gov.my since it started operating on Aug 10. “The portal can currently accommodate 1,000 applications daily. So I hope more civil servants will use the system. It is secure as it can only be accessed by applicants,” he assured.

He said the division which was set up in 1970 receives 3,200 applications a month from civil servants with approval amount totalling between RM7 billion to RM8 billion a year.