• PKBC-i TAWARRUQ
    Exclusive micro financing for the residents of Kampung Baru Cina

    Features

    • Financing Purpose: Working Capital / Capital Expenditure / Renovation of Business Premises

    • Financing Amount: RM5,000 - RM50,000

    • Financing Period: 6 months - 5 years
    • Business Sectors: Retail and Wholesale / Manufacturing / Services

    Shariah Concept

    Tawarruq 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
    PKBC-i TAWARRUQ
    Exclusive micro financing for the residents of Kampung Baru Cina

    Features

    • Financing Purpose: Working Capital / Capital Expenditure / Renovation of Business Premises

    • Financing Amount: RM5,000 - RM50,000

    • Financing Period: 6 months - 5 years
    • Business Sectors: Retail and Wholesale / Manufacturing / Services

    Shariah Concept

    Tawarruq 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

Business financing without collateral designed for permanent residents of Perkampungan Baru Cina.

ELIGIBILITY

  • Micro Enterprise (Sole Proprietorship / Partnership / Private Limited Company including Professional businesses).

  • Malaysian owned business.
  • Permanent resident of Perkampungan Baru Cina as confirmed by the Pegawai Kemajuan Perkampungan (PKP).
  • Registered with Suruhanjaya Syarikat Malaysia (SSM) / Local Authority (LA) / respective Professional Bodies (for Professional business).

  • Business has been in operation for at least six (6) months.

Required Documents

Sole Proprietorship / PartnershipPrivate Limited Company

A valid Business Registration with SSM or Business License with Local Authority (LA) / Certificate of Practice (for Professional business)

Certified True Copy (CTC) of the followings :

  • Form 9, 24, 44, 49
  • Memorandum & Articles of Association (M&A)
Confirmation letter from the Pegawai Kemajuan Perkampungan (PKP) stating the applicant is a permanent resident of Perkampungan Baru CinaConfirmation letter from the Pegawai Kemajuan Perkampungan (PKP) stating the applicant is a permanent resident of Perkampungan Baru Cina
A copy of NRIC of sole proprietor / partners A copy of NRIC of all Directors / Shareholders / Guarantors (if any)
Latest 2 years of Management Account Latest 2 years of Audited Accounts / Management Accounts
Latest 6 months of Company’s Bank Statement Latest 6 months of Company’s Bank Statement
Any other supporting documents as required by the Bank Any other supporting documents as required by the Bank

RATES

  • 4.00% p.a.

Get Started with our Financing Calculator

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

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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.'}}

HOW DO I APPLY?

NOTES:

  • All documents must be certified by a bank or the surety's employ.
  • View Product Disclosure Sheet.
  • Terms & Conditions apply.

Visit our branch

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