BNM Relief and Adaptation Facility (RAFt)

In efforts to promote SMEs’ flood preparedness and business resilience amid worsening flood risks in Malaysia, BNM has reoriented and enhanced the Disaster Relief Facility (DRF) into the Relief and Adaptation Facility (RAFt), a facility which now offers relief financing after major floods and adaptation financing at any time.

Key Features
Scheme Name	BNM Relief and Adaptation Facility (RAFt)
Eligibility	Relief Financing: Malaysian SMEs* affected by floods located in districts identified by Agensi Pengurusan Bencana Negara (NADMA) as flood disaster areas Application for the financing must be made at most 12 months after the flood event Adaptation Financing: Malaysian SMEs* previously affected by floods, including flash floods; and/or located in flood-prone areas * Refer to Guideline for SME definition issued by SME Corporation Malaysia
Purpose of Financing	Relief Financing: Repairs and/or replacement of assets for business use (e.g. plants and machinery) which have been damaged by natural disasters; and/or Working capital Adaptation Financing: Capital investments and relevant expenses to pre-emptively manage or reduce SMEs’ flood risk and losses (i.e. flood adaptation purposes) Note: Financing should not be used for refinancing of existing loan/ financing facilities
Financing Rate	Timing	Financing Options	Maximum financing rate
	Post-major flood event (as listed by NADMA)	Relief financing only	3.50%
		Relief financing and adaptation financing taken together	3.00%
		Relief financing taken by an SME which has previously taken up adaptation financing / has an outstanding adaptation financing
	Anytime	Adaptation financing
Financing Limit	Up to RM 1 Million per SME for adaptation financing and relief financing, respectively. Note: if both adaptation and relief financing are taken up, the combined limit is RM 2 Million per SME.
Maximum Tenure	Relief Financing: Up to 7 years, including a moratorium period of 6 months on both principal and interest/profit payments. Adaptation Financing: Up to 7 years

Note: The final approval on financing granted is subject to Bank credit assessment and discretion.

For further information or enquiries, please leave your contact details by clicking on the I’m Interested button and our Relationship Managers will reach out to you.

For our existing customers who are interested, you can apply for this financing through your dedicated Relationship Managers.

BNM Relief and Adaptation Facility (RAFt)

Filter by Banking Category:

Filter by Type:

Popular Searches