Objectives
- To address the property and expansion needs of business;
- To realize the Government aspiration on the SME needs for better funding mechanism and assistance to optimise the business contribution to the economy.
Target Costumers
- New and existing customer of the Bank under Business Banking and SME Retail Business segments subject to the following conditions:
- Minimum 3 years in related business operation* ;
- No adverse remarks on CTOS;
- No adverse remarks on CCRIS;
Fees & Charges
- Processing Fee : Waived
- Brokerage Fee: 50% of brokerage fee via Bursa. The
fee is RM15.00 per million (not applicable for SME
Retail Business customers) - Stamp Duty (as per the Stamp Duty Act 1949
(Revised 1989): Ad valorem stamp duty shall be
borne by customer. - 20% of stamp duty remission for principal document
based on Shariah principles.
Download
Product Disclosure Sheet
Note:
*Submission of latest past 3 years Audited Account is compulsory
*Latest audited account shall not exceed 12 months from the date of application