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AFFIN BizWira-i
​​​​​​​Financing

Objective

To provide working capital for start-up businesses owned and controlled by Malaysian Armed Forces (MAF) veterans that have been in operation between 12 to 36 months. 

Benefits

Financing Purpose

For working capital purpose

Financing Rate

Subject to customer’s credit rating

Financing Type

Tawarruq Term Financing-i

Financing Limit

From RM10,000 to RM 50,000 

Collateral

No collateral required

Financing Tenure

Up to 60 months 

Eligibility

  • Businesses classified SME as defined by SME Corporation Malaysia;
  • For Sole Proprietorship, Partnership/Limited Liability Partnership (LLP) or Private Limited Company. 
  • 100% Malaysian owned and controlled business entity.
  • At least 51% shareholdings by Malaysian Armed Forces (MAF) Veteran(s)*
  • The business must be in operation for between 12 and 36 months.

     
    *MAF Veterans is defined as a cardholder of Malaysian Armed Forces Veteran Card (VC) under the Veteran Act 2012 and a pension recipient.


Requirements

  • Minimum latest six (6) months bank statements
  • Business registration documents
  • Latest pension statement
  • Malaysian Armed Forces Veteran Card    
  • Other documents as required by the Bank

     
    Terms and Conditions Apply


Important Information


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