MADANI PENJAJA-i

BSN Micro-i Madani is a micro financing facility offered to static and non-static hawkers to assist those intending to expand their businesses.
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Features

  • Financing Purpose: Working Capital, Capital Expenditure and Renovation
  • Financing Tenure: 1 to 3 years
  • Financing Amount:
  • Minimum: RM 2,000
  • Maximum: RM 20,000
RATES
Fixed rate: 3.50% to 4.00% per annum

Eligibility

  • Micro/small/hawker enterprises.

  • Malaysian owned business.

  • Business registered with Companies Commission of Malaysia (CCM)/ Local Authority (LA).

  • Business has been in operation for at least 3 months (based on the business’ category and type).

Required Documents

  • A copy of Identification Card of Proprietor/ Partners / all Directors (if any).
  • A valid Business Registration certificate with Companies Commission of Malaysia (CCM)/ Business License with Local Authority (LA).
  • Latest three (3) months or six (6) months of Bank Account Statement.
  • A copy of electricity and water bills of the business premises.
  • Quotation of purchase for the purpose of upgrading business.
  • Any supporting documents as required by the Bank.
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