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Youth Agricultural Scheme

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Financial Assistance

Bank Pertanian Malaysia Berhad (Agrobank):

Youth Agricultural Scheme

Objective
Provide financing to assist youth to embark and expand business venture on full time basis.

Maximum tenure : up to 7 years

Minimum financing : RM5,000

Maximum financing : RM50,000

Participating financial institutions / Implementing Ministry / Agency
Bank Pertanian Malaysia Berhad (Agrobank)

Eligibility criteria

  • Individual Malaysian citizen aged between 18-40 years old

  • Must register on line as an applicant through the portal of 'Majlis Penggalakan Ekonomi Belia (MPEB)' at www.mpeb.gov.my

  • Pass the screening test conducted by Ministry of Youth and Sport

  • No adverse record with financial institutions

Purpose of financing

  • Expansion in productive capacity

  • Working capital

Eligible sector / Types of financing

  • Livestock including bee farming

  • Fishery, farming service

  • Short-term crop

Application procedure
Application to be submitted to MPEB

Contact
Kementerian Belia dan Sukan Malaysia
Menara KBS, Presint 4
Pusat Pentadbiran Putrajaya
62570 Putrajaya
Tel : 03-8871 3333
Fax : 03-8888 8761
Website : www.mpeb.gov.my

Bank Pertanian Malaysia Berhad (Agrobank)
Leboh Pasar Besar
P.O. Box 10815
50726 Kuala Lumpur
Tel : 03-2731 1600
Fax : 03-2691 4908
Website : www.agrobank.com.my

 
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