Bantuan Tunai Rakyat, or BTR, is a yearly program that gives money help to people living in Malaysia. It’s one of many programs in the country designed to help people maintain financial stability. This program has had different names in the past, like Malaysian Family Assistance. The main goal of BTR is to help people who have been hit hard by the COVID pandemic and natural disasters.
BTR is expected to help nearly nine million people living in Malaysia. Those already getting help from BKM, BPR, BSH, and BPN will also receive BTR. The first phase of BTR started in January and was very important. The government gave out RM2 million to help people. The people of Malaysia hope they will get the money on time to help them maintain their standard of living.
Malaysia Cash Assistance Scheme
The Prime Minister of Malaysia, Anwar, has announced higher taxes, giving the government more money to review. This money will be given to families with children still in school. Single people can get RM100 and families can get up to RM300. The government has also decided to increase the SARA Aid from RM600 to RM1200 for low-income people. Anwar’s Government runs this financial aid program.
BTR will also give money to students who are still in school. The government will give RM700 to public employees in Grade 56 and under, and RM350 to retired senior citizens. If you are eligible, you will get the money directly in your bank account.
Make sure to carefully fill out all the bank information and other important data because it will affect your payment. If there is a mistake in the bank account number, the money will not be sent to the beneficiary’s account. When you apply for BTR, choose the payment mode wisely. You can choose how you want to get the money by filling out the form, either by check or online payment.
Who Can Get Bantuan Tunai Rakyat?
Here are some rules for who can receive BTR payment. Four main groups can receive the payment, depending on how many children they have and how much money they make.
- Families that make RM2500 or less can get the payment.
- Families that make between RM2500 and RM4000 can get the payment.
- Households that make between RM4001 and RM500 can get the payment.
- Single people who make less than RM2500 and are between 21 to 50 years old can get a payout of RM350
Here is a table to help you understand better:
Income for Households |
Payment for One Child |
Payment for Two or More Children |
|---|---|---|
RM2500 or less |
RM1200 |
RM1800 |
Between RM2500 to RM4000 |
RM800 |
RM1200 |
Between RM4001 to RM500 |
RM500 |
RM750 |
If you fall under these categories, you can apply as soon as possible through the online portal.
When Will Bantuan Tunai Rakyat Payments Be Made in 2024?
After checking if you are eligible and other important information, you might wonder when the Bantuan Tunai Rakyat payments will be made in 2024. We will share the predicted dates in this section for your reference.
The next phase of money distribution will start on February 15, 2024. People who have filled out the forms will receive financial aid. The money will be sent directly to the bank account. If you have not received the first payment, we advise you to call the official or send a detailed email about your problem.
Click the link to know more.
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