BANTUAN PRIHATIN NASIONAL (BPN) [Helping Makcik Kiah]

Due to the recent Covid-19 situation, the government of Malaysia has prepared a financial assistance stimulus package to help ease the financial burden faced by fellow Malaysians.

RM 10 billion has been allocated for this BANTUAN PRIHATIN NASIONAL (BPN).

It is called BANTUAN PRIHATIN NASIONAL (BPN).

Qualified Malaysian will be entitled to receive a sum of money.
Depending on the monthly income category, the received can get a sum of money between RM500 to RM1600.

The payment from BPN will be made in 2 phases

Phase 1: April 2020
Phase 2: May 2020

This is a one-off payment.

Here is the summary of the criteria:

Below will be the total payment to be received:

Total expected recipients are as below:

1) Households earning RM4,000 and below - Up to 4 million households
2) Households earning RM4,001 – RM8,000 - Up to 1.1 million households
3) Single individuals aged 21 years and above earning RM2,000 and below - Up to 3 million individuals
4) Single individuals aged 21 years and above earning RM2,001 to RM4,000 - Up to 400,000 individuals

You can check your status in the links below starting 1 April 2020:

1) Lembaga Hasil Dalam Negeri Malaysia, http://www.hasil.gov.my 

2) Bantuan Sara Hidup (BSH), https://bsh.hasil.gov.my

3) Kementerian Kewangan Malaysia, https://www.treasury.gov.my

How do you get the payment?

Eligible recipients will get the money directly into their accounts.

Final Note:

Based on this table, we can see that this is aimed to help the B40 and M40 group.

We hope that this fund will be able to lighten the financial burden and worries of the target group.

If you are qualified, we do suggest that you make a plan on how to spend the extra money on hand.

Make a budget and do not simply buy anything.

Also, watch out for any scam related to the Bantuan Prihatin Nasional aid payments.

Never give away any personal info or make payment to any suspicious or unauthorized parties.



Be safe, be clean and stay healthy always! 😉



Summary of the BPN is as below's Makcik Kiah's analogy infographic:

Details of the Bantuan Prihatin National (BPN) can be assessed here:
https://www.pmo.gov.my/wp-content/uploads/2020/04/Prihatin-Infographic.pdf



Link:
https://www.treasury.gov.my/pdf/Bantuan-Prihatin-Nasional.pdf
https://www.thestar.com.my/news/nation/2020/03/31/faqs-relating-to-the-bantuan-prihatin-nasional-bpn-2020
https://ringgitplus.com/en/blog/personal-finance-news/how-to-apply-for-the-bantuan-prihatin-nasional-bpn-aid.html
https://www.pmo.gov.my/prihatin-economic-stimulus-package/
https://www.pmo.gov.my/2020/03/speech-text-prihatin-esp/
https://www.pmo.gov.my/2020/03/siaran-media-kementerian-kewangan-malaysia-bantuan-prihatin-nasional-bpn/
https://www.pmo.gov.my/wp-content/uploads/2020/04/Prihatin-Infographic.pdf