• CASHLINE-i
    Islamic overdraft facility for your business

    Features

    • Financing Purpose: Working Capital
    • Financing Tenure: Up to 5 years, subject to annual review
    • Financing Amount: Between RM5,000 and RM50,000
    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.

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    CASHLINE-i
    Islamic overdraft facility for your business

    Features

    • Financing Purpose: Working Capital
    • Financing Tenure: Up to 5 years, subject to annual review
    • Financing Amount: Between RM5,000 and RM50,000
    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.

    APPLY NOW

BSN Micro-i Cashline is an Islamic overdraft facility offered to micro enterprises for their working capital needs. This financing facility enables the customer to utilize the financing limit through BSN Giro-i Premium Company Account. The profit charges is calculated on daily basis based on the utilised amount. This facility is subjected to annual review.

ELIGIBILITY

  • Micro enterprises (Sole Proprietorship / Partnership / Private Limited).

  • Malaysian owned business.

  • Business has been in operation for at least 2 years.
  • Business must be operated in full time basis.
  • Self-employed including professionals (Accountant, Doctor, Lawyer).
  • Business registered with Companies Commission of Malaysia (CCM) / Local Authority (LA) / Professional Body / Agency (for professionals only).

RATES

SBR + 6.70% p.a.

REQUIRED DOCUMENTS

Sole Proprietorship / PartnershipPrivate Limited Company
A valid Business Registration certificate with Companies Commission of Malaysia (CCM) / Business License with Local Authority (LA) / Professional Body Registration Certificate or Document and certificate of practice (for professionals only)

Certified True Copy (CTC) of the followings:

  • Form 9, 24, 44, 49
  • *Memorandum & Articles of Association (M&A) / **Constitution

Note:

*For companies incorporated under Companies Act (CA) 1965.
**For companies incorporated under CA 2016.

A copy of Identification Card of Proprietor / Partners

Board of Director Resolution:
  • To apply for financing and/or obtain financing from BSN
  • To receive facilities from BSN

Latest 6 months Company Current Account Bank Statement

A copy of Identification Card of all Directors / Shareholders / Guarantors (if any)

Any supporting documents as required by the Bank

Latest 6 months Company Current Account Bank Statement

Latest 2 years Audited Accounts / Management Accounts

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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