-
COLLATERAL-FREE -
UP TO RM200,000 -
UP TO 5 YEARS
Term Loan for Working Capital.
Loan Amount of RM 20,000 up to RM 200,000.
Guaranteed by Government-Funded Scheme
No Collateral Required.
Loan Tenure up to 5 years
No Collection of Financial Documents
- Selected existing-to-bank customers only
- Sole Proprietorships, Limited Liability Partnerships, Partnerships, Professional firms, and Private Limited Companies (Sdn Bhd)
- Malaysian-controlled or Malaysian-owned companies registered in Malaysia with at least 51% shareholding
- Minimum 6 months in business operation
Years in Business | Effective Interest Rate* | Financing Amount | Facility Tenure |
|---|---|---|---|
6 months ≥ 2 Years | BLR + 4.25% p.a. | RM20,000 ≥ RM50,000 | Up to 3 years |
> 2 years ≥ 3 years | RM50,000 ≥ RM100,000 | ||
> 3 years ≥ 5 years | BLR + 3.75% p.a. | RM100,000 ≥ RM200,000 | Up to 5 years |
*The Effective Interest Rate is based on the Bank’s current Base Lending Rate (BLR) at 5.89% p.a.
Important: Your monthly repayment amount (instalment) and total repayment amount will vary if the Base Lending Rate (BLR) changes.
Illustration of Instalments
Assuming your company has been in business for 4 years (applicable effective interest rate of BLR + 3.75% p.a) with a total approved facility amount of RM100,000 with 5 years (60 months) financing tenure:
Effective Interest Rate* | Monthly Instalment | Total Repayment amount at the end of 60 months |
|---|---|---|
BLR + 3.75% p.a. | RM2,108 | RM126,422.06 |
- Early Settlement Fee is 0.525% on the principal outstanding
- Late Payment Fee is 1% p.a. on the amount in arrears
- Default Rate is 1% p.a. in addition to the prescribed rate
- Stamp Duties charges as per the Stamp Act 1949
- No Legal Fees
Click here for the non-exhaustive list of fees and charges, or visit any of our branches for further information.
