Enhanced targeted repayment assistance now available to B40 borrowers, microenterprises


PETALING JAYA: The enhancements to the targeted repayment assistance will be available to B40 borrowers who are recipients of the Bantuan Sara Hidup(BSH)/Bantuan Prihatin Rakyat (BPR) and microenterprises with loans where the original facility amount is up to RM150,000.

The Association of Banks (ABM) said under the enhanced targeted repayment assistance, eligible borrowers will be offered two options to choose from – a three-month deferment of instalment or a six-month reduction in instalments by 50%.

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Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

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Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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