• DISASTER RELIEF FACILITY-i (DRF)
    To alleviate the financial burden of Micro and Small and Medium Enterprises (MSMEs) affected by floods

    Features

    • Financing Purpose: Repairs and/or replacement of assets for business use which have been damaged by the flood and Working Capital
    • Financing Amount: Up to RM100,000
    • Financing Tenure: Up to 7 years including a moratorium period of 6 months on monthly instalment
    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
    DISASTER RELIEF FACILITY-i (DRF)
    To alleviate the financial burden of Micro and Small and Medium Enterprises (MSMEs) affected by floods

    Features

    • Financing Purpose: Repairs and/or replacement of assets for business use which have been damaged by the flood and Working Capital
    • Financing Amount: Up to RM100,000
    • Financing Tenure: Up to 7 years including a moratorium period of 6 months on monthly instalment
    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 DRF is a micro financing facility offered to the Micro, Small, Medium Enterprises (MSMEs) affected by the flood and located in districts identified by Agensi Pengurusan Bencana Negara as flood disaster areas.

ELIGIBILITY

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

  • 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.

RATES

  • 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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