Welcome to CIMB

Credit Guarantee Corporation (CGC) offers the Direct Access Guarantee Scheme (DAGS), which allows an applicant to apply for credit facility directly through the Corporation's branches nationwide.

Features
The scheme shall be granted for the purpose of financing:
	Working capital
	Asset acquisition
	Business expansion
Loan Amount
	Maximum loan amount of RM2 million
Type of Facilities
	Overdraft
	Term Loan
	Documentary Credit
	Trust Receipt
	Bank Guarantee
	Shipping Guarantee
	Bankers Acceptance

For more information about Credit Guarantee Corporation Scheme, kindly visit http://www.iguarantee.com.my

Terms and Conditions Apply

Eligibility

	All Malaysian-owned, controlled and registered businesses (with the exception of co-operatives) with annual sales turnover not exceeding RM25 million, or full-time workers of 150 or less.
	All viable business activities are eligible to apply.

Terms and Conditions Apply.


	Overdraft
		BLR + 1% per annum
	Term Loan
		BLR + 1% per annum
	Documentary Credit
		According to prescribed rate
	Trust Receipt
		BLR + 1% per annum

	Bank Guarantee
		0.05% per month or 0.6 per annum (minimum RM100)

	Shipping Guarantee
		0.05% per month or 0.6% per annum (minimum RM50)

	Bankers Acceptance
		1.0% per annum

	The guarantee fee is borne by the customer.
	For DAGS (NEF2), the guarantee fee is borne by the Bank.