Q1: What is BSN Micro/i Kredit Prihatin?
BSN Micro/i Kredit Prihatin is a micro financing / loan scheme offered to micro enterprises whose business is affected by the COVID-19 outbreak.
Q2: Who is eligible to apply for BSN Micro/i Kredit Prihatin?
Micro entrepreneurs who meet the following criteria:
• Micro entrepreneurs whose businesses were affected by the COVID-19 outbreak
• Micro Enterprises – Single Ownership / Partnership / Company Sdn. Bhd
• Owned by Malaysian Citizens
• Business is conducted full-time or part-time
• The business has been operating for not less than 6 months
Micro company criterias:
- Yearly turnover not more than RM300,000 or
- Less than 5 employees.
Q3: What type of business sector is eligible to apply for BSN Micro/i Kredit Prihatin?
Open to all business sectors
Q4: What is the amount of financing / loan offered under BSN Micro/i Kredit Prihatin?
Up to RM75,000 maximum with 0% interest
Q5: How long is the BSN Micro/i Kredit Prihatin?
Between 1 to 5.5 years
Q6: What are the privileges of BSN Micro/i Kredit Prihatin?
The BSN Micro/i Kredit Prihatin is a 6-month moratorium on monthly installment payments.
Q7: What supporting documents are needed?
The required supporting documents are:
• Certificate of Registration of Company with the Companies Commission of Malaysia (SSM) or a valid Local Authority Business License
• Copy of Identity Card of All Directors / Single Owners / Partners /
• Company Bank Account Statement for the last 3 months
• Additional supporting documents as required by the Bank
Q8: How long does it take for an application to be approved?
6 working days upon receipt of the completed application form and supporting documents.
Q9: When is the deadline for BSN Micro/i Kredit Prihatin application?
Until December 31, 2020
Q10: Does the Bank require any collateral from the customer as the monthly installment payment will take place in the 7th month after full repayment of the loan / loan?
No collateral required.
Q11: Who can customers deal with if they are interested in making a BSN Micro/i Kredit Prihatin application?
Contact your nearest Business Financing Executive for more information. Business Financing Executive phone number can be found on the BSN website
Q12: How can I find out more about BSN Micro/i Kredit Prihatin?
For more information on BSN Micro/i Kredit Prihatin:
Please call 1300-88-1900
Visit BSN’s website:
• BSN Micro-i Kredit Prihatin (Islamik)
• BSN Micro Kredit Prihatin (Konvensional)
Cheng & Co is the leading home-grown International Accounting Firm provide one-stop professional centre with innovative solutions for excellence. Our team is specialized in providing insightful advice to assist your company to get through the business difficulties.
If you have further query, please do not hesitate to contact us via enquiry@chengco.com.my
The contact details of Cheng & Co Regional office personnels are as follows:
- Northern Region (Perlis, Kedah, Penang, Perak) Mr. Albert Tan (kmtan@chengco.com.my)
- Central Region (Kuala Lumpur, Selangor) Mr. Sam Kong (tskong@chengco.com.my)
- Southern Region (Negeri Sembilan, Melaka, Johor) Mr. Aaron Heng (koheng@chengco.com.my) and Ms Moon Gan (jygan@chengco.com.my)
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