Special Relief Facility for SMEs
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| Validity Period | From 6 March 2020 to 31 December 2020 or exhaustion of the RM5 billion fund whichever is earlier |
| Types of Loan/ Financing | Working Capital |
| Financing Rate | 3.5% p.a. |
| Guarantee Fee | The guarantee fee will be borne by Standard Chartered Bank |
| Financing Tenure | Up to 5.5 years, including a moratorium period of 6 months on both principal and interest payments |
| Financing amount | Up to RM1.0 million per SME |
| Terms | · Available under Term Loan only; |
| · Guarantee coverage of 80% of the financing amount by Credit Guarantee Corporation Malaysia Berhad (CGC) or Syarikat Jaminan Pembiayaan Perniagaan (SJPP) | |
| · No collateral required | |
| Eligibility | Malaysian SMEs adversely affected by COVID-19 with at least 51% shares held under Malaysians |
