BSN
MADANI MULA NIAGA-i
BSN Micro-i Madani Mula Niaga is a micro financing facility offered to entrepreneurs who have just started a formal business to assist those intending to expand their businesses.
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 enterprises who have just started a formal business and open to all types of business sectors.
Malaysian owned business.
Self-employed including professionals (Accountant, Doctor, Lawyer).
Business registered with Companies Commission of Malaysia (CCM)/ Local Authority (LA)/ Professional Body/ Agency (for professionals only).
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)/ Professional body registration and certificate of practice (for professionals only).
- Latest three (3) months or six (6) months of Bank Account Statement.
- A copy of electricity and water bills of the business premises.
- Any supporting documents as required by the Bank.