Malaysia government has announced Kita Prihatin on 23 September 2020. GKP2.0 and BPN2.0 are part of the benefits.
GKP2.0
- GKP 2.0 is a one-off financial assistance amounting to RM3,000 to micro & Medium Enterprises (SMEs) who are qualified to ease the financial burden of business while increasing productivity and production productivity.
- Application period: 1st October 2020 to 31st October 2020
- Result: 15th November 2020
- NOT a previous GKP recipient;
- Applicants must have Malaysian citizenship status;
- Applicants running Small & Medium Companies
- Total annual sales or turnover is less than RM300,000; and
- The number of full-time employees does not exceed 4 people, excluding owners; and
- Registered with the following agencies;
- Inland Revenue Board of Malaysia (IRBM) before or on 31 August 2020; or
- Local Authorities (PBT) or Companies Commission of Malaysia (SSM) before or on 31 August 2020
- Still active in running the business when the application is made
BPN2.0
- Recipients: BPN 2.0 recipients are recipients who have received the last payment of BPN 2020 before.
- Application: Do not need to apply for BPN 2.0 if you have received the last payment of BPN 2020 before. New application can be made from 15th October 2020
- Update: Updating bank account information is NOT allowed because the BPN 2.0 payment method is same as the last BPN 2020 payment method before
- Bank Account Closed or Inactive: Payment method: cash claim at BSN branch
Category
Income
Payment Phase
Total
Phase 1
Phase 2
Household
B40
≤RM4,000
RM700
RM300
RM1,000
M40
RM4,001 – RM8,000
RM400
RM200
RM600
Single
B40
≤RM2,000
RM350
RM150
RM500
M40
RM2,001 – RM4,000
RM200
RM100
RM300