Eligibility
- Malaysian citizens aged between 21 to 60 years old
- Operating a MicroSME Business
- Having a valid business registration with Suruhanjaya Syarikat Malaysia (SSM) or relevant authorities
Fee & Charges
| Description/Service | Fee & Charges |
|---|---|
| Fees | Membership & Entrances Fee Processing Fee Others |
| Stamp Duty | As per Stamp Duty Act 1949 (revised 1989) |
| Early Settlement Charges | 3 months notice in writing in advance OR 3 months interest on the early settlement amount |
Documents Required
- Applicant
- Guarantor
- 1 certified copy of I/C (front and Back)
- 1 passport-sized photograph
- 1 certified copy of latest income tax B/BE form or EA form or EPF statement
- Recent copy of home and office utilities bills
- 1 certified copy of I/C (front and Back)
- 1 passport-sized photograph
- 1 certified copy of latest income tax B/BE form or EA form or EPF statement
- Business Documents
- Sole-proprietor and Partnership
- Business Registration Form issued by SSM
- Business License issued by Local Authority
- Latest 6 months bank statement
- Latest 3 years management account
- Debtors and Creditors Aging List
- Brochure on applicant’s products/services (if available)
- Government letter of awards/contract/dealership agreements/
purchase orders
- Private Limited Company
- M & A and Business Incorporation
- Form 9, 24, 44, 49 (or latest Annual Returns) & Memorandum and Article of Associations for companies registered under Companies Act 1965
- Section 14, 17, 46(3), 58, 68, & 78 for companies registered under Companies Act 2016
- Latest 6 months bank statement
- Latest 3 years audited account/management account
- Debtors and creditors Aging List
- Brochure on applicant’s products/services (if available)
- Government letter of awards/contract/dealership agreements/purchase orders
* This is the non-exhaustive list of documents subject to the assessment of the submitted loan application.
Frequently Asked Questions
Malaysian citizens aged between 21 to 60 years old and operating MicroSME business.
a. Working Capital
b. Capital Expenditure
c. Project Financing
d. Other purposes deemed fit by the Board
Loan amount from RM50,000 to RM500,000
From 1 year to maximum 5 years
4% flat interest rate per annum with fixed monthly installments (as shown in table given)
Payment shall be made in the following manners:
- JomPay services (Preferred option) via ATM or Internet Banking or Touch ‘n Go eWallet
- Cash/Cheque* payment
- At KOJADI payment counter
Remarks: Fees and charges may be imposed for cheques in the future without notice.
Applicant is required to furnish 1 or more guarantors with good credit ratings
Yes, the applicant is required to become a member of KOJADI