AGROBANK Logo
  • Downloads
  • Branch/ ATM Locator
  • Search

Modal Usahawan 1Malaysia (MUS1M-i)

MUS1M-i is an uncollateralised micro financing for business purposes. The implementation of the product is based on the Tawarruq transactions.

 

musim-1 musim-2

 

Provision of credit facilities to micro entrepreneurs to undertake economic activities involving agriculture and agro-based activities covering all stages of production, processing, services, marketing and consumer needs.

 

CONTACT US NOW

 

Product Details

Financing Limit

Maximum RM50, 000.00.

Financing limit up to 100% of the total cost and subject to credit evaluation.

Financing Tenure Up to 60 months
Profit Rate (**subject to change) 15% per annum on a monthly rest

 

Download Product Disclosure Sheet - Alliance

Download Product Disclosure Sheet - Contract

Download Product Disclosure Sheet - Normal

Eligibility Criteria

  • Malaysian citizen aged 21-60 years on the date of application
  • Is a micro entrepreneur full time / part time
  • Has been running the project / business more than 1 year
  • Possess the necessary approval from such as a license / permit / lease agreement of land / etc.
  • Kafil/guarantor, is required to guarantee this financing.
  • No collateral shall be required by the Bank.

Fi&Caj

Takaful Contribution Based on financing amount given.
Brokerage/Trading Fees Brokerage fee for every successful Tawarruq transaction is at RM 15 for every millions of commodity purchasing amount. (Subject to GST at 6%)

 


  • English
  • Bahasa