Bantuan Prihatin Nasional 2.0: Here’s What You Need To Know Team Team

Last updated 01 March, 2022

This article was first published on September 24, 2020 and has been edited and updated for accuracy and clarity.

In an effort to boost economic recovery and help Malaysians cope with the economic fallout of the COVID-19 pandemic, Prime Minister Tan Sri Muhyiddin Yassin today announced that the final payment of the Bantuan Prihatin Nasional (BPN 2.0), which was introduced last year, will be brought forward from Jan 21, 2021 onwards.

In a live telecast today, the prime minister stated that 11.1 million recipients will receive a total payment of RM2.38 billion.

During the same telecast, Muhyiddin also revealed the new RM15 billion Malaysian Economic and Rakyat's Protection Assistance Package (Permai). The prime minister said the additional package will include 22 new initiatives that are based on three main objectives, which are to combat the COVID-19 pandemic, safeguard the people’s welfare and support businesses.

Some of Permai’s key initiatives:

Under the Permai stimulus package, Muhyiddin stated that the loan moratorium will be extended, and the reduction of repayment instalments will continue to be offered by banks. As for PTPTN borrowers who are affected by COVID-19 or floods, they can apply for a three-month PTPTN loan repayment moratorium (the borrowers have until March 31, 2021 to submit their application).

The announcement has prompted an instant response from Bank Negara Malaysia (BNM), which stated via Twitter that loan takers can request repayment moratorium and this will not affect their Central Credit Reference Information System (CCRIS) records. (The CCRIS is a platform that compiles credit-related information on all borrowers of participating financial institutions in Malaysia.)

✅ Bank masih beroperasi sepanjang Perintah Kawalan Pergerakan & proklamasi darurat.

✅ Jangan ragu-ragu untuk menghubungi bank melalui telefon, e-mel & secara dalam talian jika memerlukan bantuan bayaran balik pinjaman.#BantuanTersedia #Moratorium #PKP #TRA #Bank

— Bank Negara Malaysia (@BNM_official) January 18, 2021

Bank Negara Malaysia has assured loan takers that their CCRIS reports will not be affected when they request for repayment moratorium. (Source: Bank Negara Malaysia)

Speaking of credit-related data, credit reporting agency CTOS has also explained that payments deferred under the moratorium will not affect your credit score or your ability to apply for loans in the future. The agency has assured the public that these deferred payments will not be reflected as defaulted payments in their credit reports, and subsequently their credit scores.

The moratorium extension is welcome news for a number of Malaysians, as BNM had previously received over 640,000 applications for the Targeted Loan Repayment Assistance (TRA) following the end of the initial six-month loan moratorium period on October 1 last year. The TRA, which was initiated on October 1, 2020 and later expanded upon during the tabling of Budget 2021, enabled borrowers to defer their monthly instalments for three months, or reduce it by 50% for six months.

Besides the loan moratorium extension, several new initiatives in the Permai package are also meant to aid the country in containing the COVID-19 pandemic, which has seen a rise in the number of cases with parts of Malaysia currently under the Movement Control Order (MCO):

  • RM150 million has been allocated to recruit an additional 3,500 healthcare staff.
  • A RM500 one-off payment for healthcare frontliners and RM300 to other frontliners, which will be paid in the first quarter of 2021.
  • The Government has signed three agreements with vaccine manufacturers, and is expected to receive the first batch of vaccines in February. A total of RM3 billion has been allocated for the COVID-19 National Immunisation Programme.

Recent economic stimulus packages

BPN 2.0 is one of several initiatives under the RM10 billion Prihatin Supplementary Initiative Package (Kita Prihatin), which was announced by the prime minister in September 2020.

The additional package includes the RM7 billion Bantuan Prihatin Nasional 2.0 (dubbed BPN 2.0), the RM2.4 billion Wage Subsidy Programme 2.0 and the RM600 million Prihatin Special Grant (GKP).

The package targets four main groups: married and singles from the bottom 40% income group (B40); married and singles from the M40 group, local workers in various fields and micro-traders in various fields.

It's also the extension of the previous economic stimulus packages: PRIHATIN, PRIHATIN SME PLUS and PENJANA worth a total of RM295 billion, or about 20% of the nation’s gross domestic product (GDP), with an additional fiscal injection by the government totalling RM45 billion.

All in all, the package would greatly benefit those who are still finding it hard to cope with the negative effects of the pandemic. Here’s a breakdown of Bantuan Prihatin Nasional 2.0, and how you could benefit from it:

What is Bantuan Prihatin Nasional (BPN) 2.0?

BPN 2.0, an extension of previous economic stimulus packages, is a one-time off cash assistance for B40 and M40 households and individuals to cope with the economic effects of COVID-19. A total of RM7 billion has been allocated for BPN 2.0 which will benefit 10.6 million recipients.

So, how much can you get from BPN?

The distribution of BPN will be made in two stages: the first round of payment to be released at the end of October 2020, and another round will be made in January 2021.


Category Income Payment phase Total
First phase Second phase
Households B40 RM 4,000 and below RM 700 RM 300 RM 1,000
M40 RM 4,001 - RM 8,000 RM 400 RM 200 RM 600
Individuals (singles) B40 RM 2,000 and below RM 350 RM 150 RM 500
M40 RM 2001 - RM 4,000 RM 200 RM 100 RM 300

Recipients of BPN 1.0 will automatically be eligible for BPN 2.0. They are also not required to apply for BPN 2.0. Those who were not eligible for the original BPN 1.0 may apply for BPN 2.0 if they are eligible; new applications can be made starting 15 October 2020.

How will BPN 2.0 be distributed?

BPN 2.0 will be distributed similar to how the original BPN was.

Payments for (Bantuan Sara Hidup) BSH recipients will be automatically made into accounts that are registered in the BSH database. Non-BSH recipients with successful credit will receive cash via their accounts registered in the BPN database.

Those with credit failure (aka blacklisted and bankrupt individuals) or without a bank account may redeem their cash via Bank Simpanan Nasional.

What else should you know?

Besides BPN, the government also introduced the Wage Subsidy Programme 2.0 (worth RM2.4 billion) to assist employers and employees in sectors that are still adversely affected as well as the Prihatin Special Grant (worth RM600 million) to aid more than 200,000 micro-businesses across Malaysia.

According to Muhyiddin, as of September 11, a total of 2.63 million workers and 321,000 employers had benefited from the initial Wage Subsidy Programme, involving an expenditure of RM10.4 billion.

Applications for the Prihatin Special Grant will open from October 1 to 31, 2020. Muhyiddin also said payments are targeted to be made from November 25.

We will be updating this page from time to time where relevant, so watch this space if you would like to stay updated on further information from the Ministry of Finance.

The team is comprised of many talented individuals, sharing their knowledge, experiences and research to help others make better financial decisions.


Use a personal loan to consolidate your outstanding debt at a lower interest rate!

Subscribe to our newsletter to stay up-to-date with exclusive money-saving tips & great deals