Repayment Assistance (RA) Packages

 

Yes, the RA Packages given by AKPK are in the form of a moratorium for three (3) months or a reduction of monthly instalments by 50% for six (6) months, as per the choice made by DMP customers. The RA Packages is available for DMP customers in the following categories:

  1. B40 individuals who are recipients of Bantuan Sara Hidup (BSH), Bantuan Prihatin Nasional (BPN) or Bantuan Prihatin Rakyat (BPR)
  2. B40, M40 and T20 individuals who lost employment or experience reduced income
  3. Microenterprises (as defined by SME Corp, for facilities with approved amounts of up to RM150,000)
  4. SMEs including microenterprises that are not allowed to operate during the Movement Control Order (locked-down sectors)
DMP customers with reduced incomes (including salaries, allowances, commissions, and household income) can also contact AKPK for reduction of monthly instalments according to reduced income.

Other customised assistance to suit individual financial needs and circumstances remains available via AKPK’s customer portal at https://customer.akpk.org.my.
The RA Packages refer to deferment of monthly instalments for three (3) months OR reduction of monthly instalments by 50% for six (6) months, at the option of eligible customers, as well as the reduction of monthly instalments according to reduced income.

Other customised assistance to suit individual financial needs and circumstances remains available.
You can choose your RA package via AKPK’s customer portal https://customer.akpk.org.my/. Please refer to the infographic below for guidance.




Selection of an RA package made in 2021 will not affect your CCRIS report.

Microenterprises can also seek assistance through the AKPK Small and Medium Enterprise Help Desk (SME Help Desk) for financial advice and participation in the RA Packages. Please click: https://www.akpk.org.my/smehelpdesk for further guidance.
All loan/financing facilities operated under DMP with instalments paid to AKPK every month are eligible for the RA Packages.
Yes, these loan/financing facilities are also eligible. However, in this case, customers are advised to deal with their respective financial institutions to obtain approval for the RA Packages.
Customers who are able to repay their loan/financing are not encouraged to opt for the RA Packages. Instead, these customers are advised to proceed with their instalment payments as usual. The RA Packages aims to help customers who are in need of assistance and are facing cash flow problems stemming from this pandemic.
Yes, the RA Packages will involve additional interest/profit charges to the customer and the repayment period will also be extended accordingly.
If there are no arrears in payment and the last payment for June 2021 has been made according to schedule, the next payment will start from October 2021 after a deferment of three (3) months, i.e. from July 2021 to September 2021.

As for the 50% instalment payment reduction incentive, half payment of the loan/financing instalments will be made from July 2021 to December 2021, i.e. six (6) months, before resuming full payment from January 2022 onwards.
Yes, recipients of the previous RA Packages can also opt for the current RA Packages.


Tarikh: 29 June 2021