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Extension of COVID-19 Special Support Scheme
Extension of COVID-19 Special Support Scheme
Maximum Loan Amount
Rs1.0M
Interest Rate
0.5% p.a
Moratorium Period
Up to 1year
Repayment Period
5 years including 1 year moratorium
Purpose of Loan
To support SMEs affected by COVID-19 for any project creating value or employment and working capital requirement
Financing
Up to a maximum of Rs 1M
Eligibility
- SMES with a turnover of up to Rs100M and which have paid CSG in respect of their employees and themselves
- BRN Issued as of December 2021
Security
As per DBM Terms and Conditions