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WORKING CAPITAL FINANCING

BNM Special Relief Facility

Walk in to any Maybank/Maybank Islamic branch

Overview


BNM has on 28 February 2020 announced the allocation of a RM5.0 billion Special Relief Facility (SRF) to alleviate the financial burden and assist in the resumption of business operations of the SMEs affected by the recent 2019-nCoV (COVID-19) outbreak, effective from 6th March 2020 to 31st December 2020.

More info


Package Name

Special Relief Facility/-i

Validity

6th March until 31st December 2020

Financing Purpose

Working Capital

Financing Quantum

RM20,000 up to RM1,000,000

Collateral

Not Required

Tenure

Up to 5.5 years (including 6 months moratorium on both principal and interest/profit payment)

Effective Rate

3.50% p.a inclusive of guarantee fee

Total available fund

RM5.0 billion from 6th March until 31st December 2020 upon exhaustion of allocation, whichever is earlier

Eligibility

  • SMEs adversely affected by COVID-19 registered with the Companies Commission of Malaysia (SSM), authorities/district offices in Sabah and Sarawak or statutory bodies for professional service providers
  • Business must at least with 51% shareholders are Malaysians


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