COMPARATIVE ON Agro Bank,Bank Rakyat,Bank Simpanan Nasional,Alliance Bank,Ambank,CIMB,EON Cap Islamic Bank,Maybank Public Bank,UOB Bank

Updated on 28 October 2010

Name Base On All Major Products

• Modal Usahawan 1 Malaysia (MUS1M) (Conventional and Islamic)

• RM1,000 – RM50,000
• Working capital
• Capital expenditure
• All sectors
• Micro enterprises (Including part-time micro enterprises)
• 3 months - 5 years
• 4 working days
• 3-5 working days
• Age between 21 - 60 years old
At least with 1 year business / project experience
• Has valid business permission (License, tenant agreement etc)
• Place of residence close to business / project site
• Identity card (Borrower and spouse)
• Proof of business operations (E.g. business registration / license permit)
• Proof of income (E.g. bank statement)
• Utility bills
• Other relevant documents
• All Agrobank branches and Felda offices that display the national
Pembiayaan Micro logo

• Skim Pembiayaan Micro-i (*MUsK - Modal untuk Usahawan Kecil)

• RM1,000 – RM50,000
• Working capital
• Capital expenditure
• Agriculture
• Services
• Retailing and trade
• Manufacturing
• Members of cooperatives and Hawkers & Petty Traders Association
• Full-time micro enterprises
• Micro enterprises
• 1 month - 5 years
• 10 working days
• 1 working day
• Age between 18 - 65 years old
• Cooperative / Hawkers and Petty Traders Associations member
• Belongs to a self-help group
• Full-time owner operating a business
• At least with 2 years business experience
• Place of residence is within the business vicinity
• Have valid business license / permit / registration
• Identity card
• Proof of business operations (E.g. business registration / license / permit)
• Proof of income (E.g. bank statement)
• Recommendation letters from panel cooperatives and self-help group members
• All Bank Rakyat branches that display the national Pembiayaan Micro Logo

• BSN TemaNiaga• BSN TemanMesra• BSN TemaNiaga-i

• RM5,000 – RM50,000
• Working capital
• Capital expenditure
• Manufacturing
• Retailing
• Services
• Wholesale
• Self-employed individuals
• Micro enterprises
• 1 – 5 years
• 6 working days (Subject to complete documentation)
• 4 working days (After acceptance of letter offer / loan agreement)
• Age between 21 - 60 years old
• Have valid business license / permit/ registration
• Have been in business continuously for at least 6 months
• Fulltime involvement in the business
• 1-3% rebate on interest for customers with prompt payment
• 1 – 5 years
• 6 working days (Subject to complete documentation)
• 4 working days (After acceptance of letter offer / loan agreement)
• Age between 21 - 60 years old
• Have valid business license / permit/ registration
• Have been in business continuously for at least 6 months
• Fulltime involvement in the business
• 1-3% rebate on interest for customers with prompt payment conduct
• Identity card
• Proof of business operations (E.g. business valid registration / license / permit)
• Proof of income (E.g. sales record, bank statements)
• Operating permits / licenses (Applicable only to specific industries such as
transportation, rice trading etc)
• Utility bills
• Other relevant documents
• All Bank Simpanan Nasional branches and dedicated BSN Microfinance Centers that
display the national Pembiayaan Micro logo

• Rakan Personal Financing (Conventional)• Rakan Personal Financing-i (Islamic)

• RM2,000 – RM50,000
• Working capital
• Capital expenditure
• All sectors
• Self-employed individuals
• 6 months – 5 years
• 2 working days
• 1 working day
Business Enterprises
• Operator age between 25 - 60 years old
• Minimum of RM48,000 per annum turnover
• Maximum RM1million per annum turnover
• Minimum 3 years in business
• Mandatory to open savings account and sign up for credit protector insurance
• Identity card
• Proof of business operations (E.g. business registration / license/permit)
• Proof of income by copy of latest 3 months bank statement / passbook / or copy
of business site visit report or copy of latest certified financial statement
• Utility bills
• Other relevant documents
• All Alliance Rakan branches and Alliance Bank branches that display the national
Pembiayaan Micro logo

• AmMikro

• RM3,000 – RM50,000
• Working capital
• Capital expenditure • Retail
• Services and trade
• Manufacturing
• Individuals
• Sole-proprietors
• Partnerships
• Private limited companies
• 1 – 5 years
• 2 working days (Subject to complete documentation)
• 3 - 5 working days
• Individuals aged between 18 – 60 years old (Age limit at maturity date)
• Individuals / sole proprietors / partnerships / private limited companies
• At least with 1 year of business experience
• Has valid business registration
• Identity card
• Proof of business operations (E.g. business registration / license / permit)
• Proof of income (E.g. bank statement)
• Other relevant documents
• All Am Bank branches that display the national Pembiayaan Micro logo

• Xpress Cash Financing-i (Islamic)

• RM3,000 – RM50,000
• Working capital
• Capital expenditure
• All sectors
• 6 months – 5 years
• 1 working day
• 1 day after approval
• Age between 21 – 60 years old
• Minimum of RM800 monthly gross income
• 6 months working / 6 months in business
• Identity card
• Proof of business operations (E.g. business registration / license / permit)
• Proof of income (E.g. bank statement)
• Other relevant documents
• All CIMB branches that display the national Pembiayaan Micro logo

• Pembiayaan Peribadi-i Pesara Tentera (3P)

• Pembiayaan Peribadi-i Pesara Kerajaan (3PK)

• Pembiayaan Peribadi Gratuiti (JPA)

• Pembiayaan Peribadi Gratuiti (Tentera)

• RM5,000 – RM50,000
• Working capital
• Capital expenditure
• All sectors
• Salaried workers
• Self employed individuals (Micro enterprises)
• Ex-army( 3P)
• Government pensioner (3PK)
• Retiring Government servant (Gratuity JPA)
• Retiring Army (Gratuity Army)
• 3 – 15 years
• 5 working days
• 3 - 5 working days
• Retiring / ex-Malaysia Armed Force (Under the pension scheme)
• Retiring / former civil servant (Under the pension scheme)
• Maximum age upon application: 67 years old
• Have valid business license / permit / registration
• Identity card
• Pensioner’s card
• Business registration / permit / license
• Proof of business operations (E.g. business registration / license / permit)
• Proof of income (E.g. bank statement)
• Other relevant documents
• All EONCAP Islamic Bank branches that display the national Pembiayaan Micro Logo

• Maybank Micro (conventional)• Maybank Islamic Micro (Islamic)

• RM3,000 – RM50,000
• Working capital
• Capital expenditure
• All sectors
• Self-employed
• Micro enterprise
• 1 – 5 years
• 2 working days (Self-employed)
• 6 working days (Micro enterprise)
• 1 working day after approval (Self-employed)
• 3 working days after receipt of CGC* approval (Micro enterprise)
(* CGC – Credit Guarantee Corporation Scheme)
Self-Employed
• Malaysian citizen
• Age between 21 - 60 years
• Valid business license / permit
• Business must be owner operated and on full time basis
• 2 years experience
Micro Enterprise
• Registered with Companies Commission of Malaysia
• Minimum 2 years experience
• Micro enterprise according to NSDC definition
• Identity Card
• Proof of business operation e.g. business registration (license/permit)
• Proof of income (e.g. latest 6 months bank statement, Income Tax statement)
• Business registration (where applicable)
• Bank’s confirmation that account in operation 2 years satisfactorily
• All Maybank branches that display the national Pembiayaan Micro Logo

• PBMicro Finance

• RM3,000 – RM50,000
• Working capital
• Capital expenditure • Agriculture
• Services and trade
• Manufacturing
• Self-employed individuals
• Micro enterprises
• 1 – 5 years
• 6 working days
• PBMicro Finance (With CGC*): 4 working days from receipt of CGC guarantee cover
• PBMicro Finance (Without CGC*): 4 working days
(* CGC – Credit Guarantee Corporation Scheme)
Individuals
• Malaysian citizen
• Age between 21 - 60 years
• Valid business license / permit
• Business must be owner operated and on full time basis
• 2 years experience
Business Enterprises
• Companies registered with Companies Commission of Malaysia
• Have valid business license / permit
• Business must be owner operated and on a full-time basis
• Have relevant business experience
• Identity card
• Proof of business operations (E.g. business registration / license permit)
• Proof of income (E.g. bank statement)
• Utility bills
• Other relevant documents
• All Public Bank branches that display the national Pembiayaan Micro Logo

• EasiCash

• RM5,000 – RM50,000
• Working capital
• Capital expenditure
• All sectors
• Self-employed individuals
• 2 – 5 years
• 2 working days (Upon receipt of complete documentation)
• 7 working days
• Age between 21 – 55 years old
Self-employed
• Minimum of RM30,000 yearly income
• Minimum 3 years consecutively in the same business
• Identity card
• Proof of business operations (E.g. business registration / license / permit)
• Proof of income (E.g. latest Form B/BE - with tax payment receipt, latest 3 months
bank statements, or latest copy of credit/charge card(s) of at least 1 year)
• All United Overseas Bank branches that display the national Pembiayaan Micro Logo

Loan?? Now Is Up To You

Micro Financing Product Feature Comparison