BNM Special Relief

Facility Guideline
Overview
BNM has on 28 February 2020 announced the allocation of a RM4.5 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
Validity 6th March until 31st December 2020
Financing Purpose Working Capital
Financing Quantum RM100,000 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 3.5% p.a inclusive of guarantee fee
Total available fund RM4.5 billion from 6th March until 31st December 2020 upon exhaustion of allocation,
whichever is earlier.
Eligibility • The registered company is SME under Bank Negara Malaysia classification or issued by SME
• Corporation Malaysia
• Has been in business for past two (2) years
• Recorded profit in latest financial year
• Company net worth is positive
• To provide evidence company is adversely effected by COVID-19 as per assessment by BNM

Required Documents 1. Statutory documents of the company e.g. M&A, Form 24,44,49

2. Latest 2 years audited account

3. Latest management account (if any)

4. Latest 6 months bank statement

5. Company profile (if any)

6. The contract awarded + list /evidence of previous contracts (if any)

7. Photocopy of directors Identity Card

8. Consent form to check on the credit record of applicant