There are no upfront fees or charges to apply for this SME financing. For details on specific fees and charges, you may contact our customer service team or visit a our branch branch for comprehensive information.

The approval time for the SME financing can vary depending on the complexity of your application and the specific financing scheme. Typically, the process may take a few weeks. 

To apply for Bank Negara Funds SMEs, Malaysian SMEs must fulfil the following criteria:

• Meets the definition of SMEs issued by SME Corporation Malaysia;
• Registered with the Companies Commission of Malaysia (SSM), authorities/district offices in Sabah and Sarawak or statutory bodies for professional service providers;
• Shareholding by Public Listed Companies and Government Linked Companies (if any) in the SMEs shall not exceed 20%;
• Malaysians residing in Malaysia hold a minimum of 51% shareholding in the SMEs; and
• Maximum shareholders’ funds not exceeding RM5 million

Financing should not be u​sed for refinancing of existing credit/financing facilities. For detailed eligibility requirements, please contact our customer service team or visit a Bank Muamalat branch.    

Yes, SME financing can be applied for online. For further assistance, feel free to contact our customer service team.

To apply for SME financing for your business, you will need to submit a set of supporting documents. These typically include your business registration documents, financial statements and the owner’s identification. Additional documents may be required based on the specific financing scheme. 

Yes, you may apply for multiple SME financings for different businesses. However, approval is subject to the bank’s assessment. For more details, you may contact our customer service team.