• RELIEF & ADAPTATION FACILITY (RAFt)
    To alleviate the financial burden of Micro and Small and Medium Enterprises (MSMEs) affected by floods and enable them to resume their business operations

    Features

    • Loan Purpose: Repairs and/or replacement of assets for business use (e.g. plants and machineries) which have been damaged by natural disaster and Working Capital
    • Loan Amount: RM5,000 - RM100,000
    • Application for the financing must be made at most 12 months after the flood event
    • Loan Period: 1 - 7 years

      Note: including 6 months moratorium (grace period) on the monthly instalment
    APPLY NOW
    RELIEF & ADAPTATION FACILITY (RAFt)
    To alleviate the financial burden of Micro and Small and Medium Enterprises (MSMEs) affected by floods and enable them to resume their business operations

    Features

    • Loan Purpose: Repairs and/or replacement of assets for business use (e.g. plants and machineries) which have been damaged by natural disaster and Working Capital
    • Loan Amount: RM5,000 - RM100,000
    • Application for the financing must be made at most 12 months after the flood event
    • Loan Period: 1 - 7 years

      Note: including 6 months moratorium (grace period) on the monthly instalment
    APPLY NOW

BSN Micro RAFt is a micro loan facility offered to the Micro, Small, Medium Enterprises (MSMEs) affected by floods located in districts identified by Agensi Pengurusan Bencana Negara (NADMA) as flood disaster areas.

ELIGIBILITY

  • Micro Enterprises (Sole Proprietorship / Partnership / Private Limited Company) affected by floods and located in districts identified by the National Disaster Management Agency (NADMA) as flood disaster areas.

  • Malaysian owned business.

  • Self-employed including professionals (Accountant, Doctor, Lawyer).
  • Registered with Suruhanjaya Syarikat Malaysia (SSM) / Local Authority (LA) / Professional Body / Agency (for professionals only).
  • Business has been in operation for at least 6 months.

FIXED RATE

  • 3.50% p.a.

Required Documents

A valid Business Registration certificate with SSM / Business License with Local Authority (LA) / Professional body registration and certificate of practice (for professionals only). 
A copy of NRIC of Proprietor / Partners / all Directors / Shareholders / Guarantors (if any).

Confirmation letter from the District Officer / JKKK / Police Report in regards to the affected business premises.

A copy of electricity bill of the affected business premises.

Latest 6 months Bank Account Statement.

Any supporting documents as required by the Bank.

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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