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Special Relief Facility

Objective

To assist SMEs impacted by the COVID-19 outbreak, Bank Negara Malaysia (BNM) is allocating financing facilities under BNM’s Fund for SMEs to provide support for SMEs in sustaining business operations, safeguard jobs and encourage domestic investments.

Purpose of Financing

Working Capital.

Note : Financing should not be used for refinancing or existing credit/financing facilities. 

Financing Amount

Up to RM1 million.

Profit Rate

Profit rate of 3.50% p.a.

Financing Tenure

Financing tenure up to 5.5 years.

Collateral

No collateral is required under this facility.

Availability of the Facility

This facilty is available until 31 December 2020.

 

For more info, contact our Customer Service Centre at 03-2603 7700.

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