Budget 2021: Govt agrees to auto-approval process for moratorium on loans for B40, micro-SMEs (updated)


KUALA LUMPUR: The government has agreed to implement an auto-approval mechanism for the moratorium on loan repayments for those in the B40 group as well as micro and small-medium enterprises (SMEs).

This means that those in the B40 income group and micro SMEs do not need to submit any documents to be entitled to the three-month moratorium which will be implemented till December this year.

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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.

Best Value

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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