1. Loan Application Qualification

You are eligible to apply for Government Staff Loan if you are a currently employed government staff or a retired government staff with the following vinculum:

Currently Employed Government Staff

• Nomeação definitiva;
• Nomeação provisória;
• Comissão de serviço;
• Assalariado do quadro;
• Contrato além do quadro;
• Contrato por assalariamento.

Retired Government Staff

• Pension is paid by Macao Pension Fund (Fundo de Pensões de Macau).

2. Loan Application Procedure

• Application Form can be obtained:
  • At webpage of Macao Postal Savings, click here to print the Application Form; (Download)
  • At Macao Postal Savings;
  • At the Government Institute by which you are currently employed.
• Submit the completed Application Form together with a photocopy of your identity card to your Government Institute. Application Form and documents are to be sent to Macao Postal Savings for approval via your Government Institute. Government Staff of Corpo de Polícia de Segurança Pública, Corpo de Bombeiros and Direcção dos Serviços das Forças de Segurança de Macau have to submit Application Form to Macao Postal Savings.
• The signature on Application Form should correspond to that shown on your identity card.
• Loan approval takes only 1 to 2 working days from the day Macao Postal Savings receives the completed Application Form and the necessary documents.
• Once the Loan is approved, you can bring along your identification document to receive the Loan at Macao Postal Savings.

* Please note that even though your Loan Outstanding is not fully repaid, you can still apply for a new Loan. Under such circumstance, you need to settle your Loan Outstanding upon receipt of the new Loan.

3. Loan Information

3.1. Loan Amount

The maximum Loan Amount can be up to 40% of the annual regular income of client.

The followings are considered as annual regular income:

• Salary;
• Seniority Premium;
• Housing Subsidy;
• Family Subsidy;
• Allowance for Secretary;
• Functional Chief Subsidy;
• Allowance for Error;
• Transportation Subsidy;
• Shift Subsidy;
• Other incomes that are permanently and monthly received.

3.2. Amortization Period

The maximum Amortization Period is:

• 36 months for the government staff who is employed in the form of "nomeação definitiva";
• 24 months for the government staff who is employed in other form of employment, or according to the duration of the employment contract.

3.3. Monthly Installment

Monthly Installment = Loan Amount ÷ Amortization Period

If the Monthly Installment is too high, Macao Postal Savings may extend the Amortization Period or reduce the Loan Amount.

3.4. Loan Repayment

Monthly Installment is deducted from your monthly salary, until the Loan is completely liquidated.

3.5. Risk Premium / Guarantor

3.5.1. Risk Premium

Risk Premium is paid upon receipt of the Loan.

Risk Premium varies according to client’s age, it is about 1% to 2.5% of the Loan Amount.

3.5.2. Exemption of Risk Premium

Government Staff Loan is a type of guarantee-free Loan, it does not require any Guarantor. However if you want to be exempted from payment of Risk Premium, a qualified Guarantor is required to substitute for the Risk Premium. The Administrative Committee of Macao Postal Savings reserves the right to ask for more than 1 Guarantor.

3.5.2.1. Requirements of Guarantor

• Government staff with the form of employment as "Nomeação definitiva";
• Salary at least equal to that of the applicant;
• Not a present debtor of Macao Postal Savings.

* The above-mentioned requirements are the general requirements. The Administrative Committee of Macao Postal Savings has the discretionary right to decide whether the proposed Guarantor is eligible or not.

3.5.2.2. Documents to be Submitted by Guarantor

• A declaration letter signed by the Guarantor with the signature verified by Cartório Notarial;(Download)
• A photocopy of Macao SAR resident identity card ;
• Income proof;
• Employment proof.

3.6. Interest

Interest is paid upon receipt of the Loan. Even though the Interest Rate rises in future, your financial burden will not be increased.

4. Loan Simulation

5. More Information

For further information, please phone or visit us during Office Hour.

Address: Rua da Sé, Macau
              (at the lateral side of the headquarters of Macao Post)

Hotline: (+853) 83968304

Office Hour