Dear Valued Customers,
In line with the National Budget 2021 initiatives tabled recently, we have expanded our Payment Relief Assistance (“PRA”) programme to provide customers in the B40 and M40 segments, as well as micro-SMEs with more options to help ease their financial commitment as follows. This will take effect from 1 December 2020 until 30 June 2021.
- Customers who are in the B40 segment and eligible for Bantuan Sara Hidup/Bantuan Prihatin Rakyat, as well as micro-SMEs*, can opt for either a 3-month loan moratorium or 50% reduction in instalments for 6 months.
- Customers who are in the M40 segment and registered in the Bantuan Prihatin Nasional registry may opt for a 50% reduction in instalment for 6 months.
To apply for the expanded Payment Relief Assistance package, please contact Customer Service at 03-5516 9988.
*Micro-SMEs as defined in the Guideline on SME Definition issued by SME Corporation Malaysia. This applies to businesses across all sectors with sales turnover of less than RM300,000 or have less than 5 full-time employees. Micro-SMEs that qualify must have a loan or financing of up to RM150,000 with the Bank.