Expanded Targeted Repayment/Payment Assistance (ETRA) Expanded Targeted Repayment/Payment Assistance for Individual in B40 Category / M40 Category and All SMEs (Micro/ Small / Medium) (Exclude Credit-Impaired and Bankrupt/Wound Up Company)


Eligibility Criteria (self-declaration with no documentary evidences required)

  1. Any Individual(s) categorised as B40 / registered in the Bantuan Sara Hidup (BSH) or Bantuan Prihatin Rakyat (BPR) database; AND/OR
  2. Customer’s spouse is a BSH or BPR recipient; OR
  3. Any Individual(s) categorised as M40 income level/registered in the Bantuan Prihatin Nasional (BPN) database (Option 2 only); OR
  4. SMEs (Micro/Small/Medium).

Note: Applicable to Non-Credit-Impaired and Non Bankrupt/Non Wound Up Company).


Validity Period
Opt-In confirmation/request OPT-IN submission by B40/M40/SME
(Available until 31 December 2021)


ETRA Options (B40 / SME (Micro/ Small / Medium) / M40) (The Choice is Yours)

Option

Repayment/Payment Arrangement wef the following month

Remark

1
OR

3 months deferment repayment/payment (zero instalment)

Not applicable to M40 under BPN

2

6-month 50% reduction of existing monthly instalment/interest/profit/rental

Existing TRA already cover Option 2 of  ETRA which is more flexible with lower monthly repayment amount until 31/12/21.


Applicable to Option 1 and Option 2

  1. Loan/financing tenure will be extended for 3 months period with accrued interest/profit/rental
  2. All instalment in arrears (up to 3 months) (if applicable) shall be zerorised and continue to form part of the loan/financing outstanding amount.
  3. The repayment assistance selected will not appear in CCRIS.

Standard Turnaround Time

Type of Account

Standard Turnaround Time

B40 / Micro Enterprise

24 hours

M40/SME

5 calendar days

  1. Digital Opt-In Confirmation for Expanded Targeted Repayment/Payment Assistance (ETRA) for Individual in B40 / M40 Category and SME (Micro/ Small / Medium)



    Watch this Video to understand steps taken to complete Request OPT-IN form


    CLICK HERE, to promptly request OPT-IN.



    Important Note:
    Please take note all successful digital Opt-In Confirmation would have an electronic Notification Letter immediately upon submission of your digital Opt-In Confirmation without hassle.
    Please refer to your email for electronic Notification Letter immediately upon successful submission.



  2. Non-Digital/Manual Opt-In Confirmation for Expanded Targeted Repayment/Payment Assistance (ETRA) for Individual in B40 / M40 Category and SME (Micro/ Small / Medium)

  3. Please print and complete the opt-in confirmation form relevant to you and submit to any PBB/PIBB Branches/Credit Control Centres for approval.


    B40 [Single Individual] - Manual Request OPT-IN Confirmation Form.pdf

    B40 [Joint Individuals] - Manual Request OPT-IN Confirmation Form.pdf

    M40 [Single Individual] - Manual Request OPT-IN Confirmation Form.pdf

    M40 [Joint Individuals] - Manual Request OPT-INn Confirmation Form.pdf

    Micro - Manual Request OPT-IN Confirmation Form.pdf

    SME - Manual Request OPT-IN Confirmation Form.pdf

    SME (Trade Bills) - Manual Request OPT-IN Confirmation Form.pdf



  4. FAQs on Eligible B40 / M40 and SME (Micro/ Small / Medium)Micro Enterprises [Expanded Targeted Repayment/Payment Arrangement (ETRA)]