OCBC Malaysia Business Banking - SME Flood Relief Assistance

SME Flood Relief Assistance

Assistance
Packages 		3-month deferment of instalments/payments
  • Your monthly instalment/payment will be deferred for 3 months;
  • Thereafter, you will need to continue your monthly instalments/payments. However, the monthly instalment/payment amount will be reduced by 50% for 9 months after which, from the 13th month onwards, your monthly instalments/payments will be increased until the end of the loan/financing tenure
  • 2 years extension on loan/financing tenure.
Availability
  • Final date to submit applications is 31 March 2021.
Eligibility
  • Loans and financing payment/repayments should not be in arrears exceeding 90 days as at date of application.
  • Loans and financing must not currently be under any post moratorium or targeted repayment assistance programme.
  • Business or collateral based in flood impacted areas such as Johor, Kelantan, Terengganu, Pahang, Perak, Sabah and Sarawak.
How to Apply
  • You may apply for Flood Relief Assistance here.
  • We will contact you within 3 to 5 business days to follow up on your application.
Documents
Required
  • You will be contacted to fill up a service request form with a declaration that the business or collateral has been affected by the flood after your application submission.

Yes, I wish to apply for FLOOD RELIEF ASSISTANCE

Provide us with your contact details and we will call you soon.

Contact us
Want to know more about our product?
Call us at 603 8317 5200
Assistance
Packages 		Option 1 - Partial Term-out
  • Partial conversion of total outstanding balance.
  • Original OD/Cashline-i or Trade/Trade-i limit will be reduced
Option 2 - Term-out
  • Full conversion of total outstanding balance.
  • Original OD/Cashline-i or Trade/Trade-i limit will be closed.
Availability
  • Final date to submit applications is 31 March 2021.
Eligibility
  • Loans and financing payment/repayments should not be in arrears exceeding 90 days as at date of application.
  • Loans and financing must not currently be under any post moratorium or targeted repayment assistance programme.
  • Business or collateral based in flood impacted areas such as Johor, Kelantan, Terengganu, Pahang, Perak, Sabah and Sarawak.
How to Apply
  • You may apply for Flood Relief Assistance here.
  • We will contact you within 3 to 5 business days to follow up on your application.
Documents
Required
  • You will be contacted to fill up a service request form with a declaration that the business or collateral has been affected by the flood after your application submission.
  • Latest three (3) months bank statements (operating account)

Yes, I wish to apply for FLOOD RELIEF ASSISTANCE

Provide us with your contact details and we will call you soon.

Contact us
Want to know more about our product?
Call us at 603 8317 5200