| Programme | MODERNISATION OF AUTOMOTIVE WORKSHOP |
| Fund Provider | Bank Kerjasama Rakyat Malaysia Berhad (BKR) |
| Objective | To modernise existing workshops to compete in a highly competitive automotive service industry. The programme is implemented in collaboration with automotive associations and organisations as the Consultants and will be implemented until 2020.
|
| Eligibility | • 100% Malaysian-owned
• Aged 18 to 60 years old
• Full-time entrepreneurs
• Business entities (Sole Proprietors / Partnerships / Sdn Bhd)
|
| Stage Of Business | Growth |
| Target Group/Sectors | Existing automotive workshops |
| Coverage | • Renovation / upgrade of business premise
• Purchase of machinery & equipment
• Stocks or working capital |
| Quantum/Margin of Financing | • Minimum: RM20,000
• Maximum: RM100,000
|
| Tenure | Maximum: 15 years |
| Interest/Profit Rate | 3% per annum (monthly basis) |
| Contact | Bank Kerjasama Rakyat Malaysia Berhad (BKR)
Tingkat Bawah, Menara Kembar Bank Rakyat,
No 33, Jalan Travers, 50470, Kuala Lumpur.
Telefon:1-300-80-5454
Infoline 03-26125300/9600 |
| Website | http://www.bankrakyat.com.my |