• MSME STABILISATION RELIEF FACILITY (MSME SRF-i)
    Supporting your business today, for a stable tomorrow

    Features

    • Financing Purpose: Working Capital (Refinancing not allowed)
    • Financing Period: 1 - 5 years
    • Financing Amount: RM5,000 - RM250,000
    Shariah Concept

    Tawarruq (Commodity Murabahah) consists of two sale and purchase contracts. The first involves the sale of an asset by a seller to a purchaser on a deferred basis. Subsequently, the purchaser of the first sale will sell the same asset to a third party on a cash and spot basis.

    The Tawarruq concept also involves the Wakalah contract (Agency) which adopts a ‘dual-agency’ arrangement, involving the followings:

    • The appointment of the Bank which acts as an agent on behalf of the customer to conclude the purchase of the commodity from the Bank on a Murabahah basis.
    • The appointment of the Bank which acts as an agent selling the commodity on behalf of the customer to a third party.
    APPLY NOW
    MSME STABILISATION RELIEF FACILITY (MSME SRF-i)
    Supporting your business today, for a stable tomorrow

    Features

    • Financing Purpose: Working Capital (Refinancing not allowed)
    • Financing Period: 1 - 5 years
    • Financing Amount: RM5,000 - RM250,000
    Shariah Concept

    Tawarruq (Commodity Murabahah) consists of two sale and purchase contracts. The first involves the sale of an asset by a seller to a purchaser on a deferred basis. Subsequently, the purchaser of the first sale will sell the same asset to a third party on a cash and spot basis.

    The Tawarruq concept also involves the Wakalah contract (Agency) which adopts a ‘dual-agency’ arrangement, involving the followings:

    • The appointment of the Bank which acts as an agent on behalf of the customer to conclude the purchase of the commodity from the Bank on a Murabahah basis.
    • The appointment of the Bank which acts as an agent selling the commodity on behalf of the customer to a third party.
    APPLY NOW

A relief financing facility established to assist MSMEs affected by economic uncertainty and experiencing temporary operational disruptions, as well as cash flows challenges in meeting short-term financial obligations.

ELIGIBILITY

  • Micro / Small Enterprises (Sole Proprietorship, Partnership, Limited Liability Partnership, Private Limited Company (Sdn. Bhd.).

  • Malaysian owned business.
  • Business registered with the Companies Commission of Malaysia (CCM) / Local Authority (LA).

  • Business has been in operation for at least two (2) years.

Required Documents

A copy of Identification Card of Proprietor / Partners / all Directors (if applicable)

A valid Business Registration with CCM or Business License with Local Authority (LA)

Latest six (6) months of Bank Account Statement

Latest one (1) month water bill or electricity bill for the business premises

Any other supporting documents as required by the Bank

FIXED RATE

  • 3.75% per annum, inclusive of guaranteed fee

Get Started with our Financing Calculator

Wish to know how much you would be paying every month? Let us help you get started. 

{{lang == 'en' ? 'Kindly enter your financing details' : 'Masukkan butiran pembiayaan anda di sini'}}

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{{lang == 'en' ? 'Disclaimer :' : 'Penafian :'}}
{{lang == 'en' ? ' This calculator serves as an estimate only. It is provided for illustrative purposes and is based on the accuracy of information provided. It does not constitute a quote. BSN shall not be responsible for any inaccuracies or errors resulting from the use of this calculator.' :'Kalkulator ini berfungsi sebagai anggaran sahaja. Ia disediakan untuk tujuan ilustrasi dan adalah berdasarkan ketepatan maklumat yang diberikan. Ia bukan merupakan sebut harga. BSN tidak akan bertanggungjawab terhadap sebarang ketidaktepatan atau kesilapan yang disebabkan oleh penggunaan kalkulator ini.'}}

LATE PAYMENT CHARGES (LPC) 

Late Payment Charges will be charged based on Ta’widh (Compensation).

During financing PeriodLate Payment Charges (LPC) not exceeding 1% per annum will be imposed on the overdue monthly instalment payment in the event you fail to pay any monthly instalment within the stipulated period from the first disbursement of the financing until its maturity date.
After the completion of financing periodPrevailing daily overnight Islamic Interbank Money Market (IIMM) rate will be charged for failure to pay the total outstanding balance after maturity or upon judgment obtained, whichever earlier.



HOW DO I APPLY?

NOTES:

Visit our branch

Visit our nearest Business Financing Centre for more information
OR download our Application Form HERE.

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