Updated on February 4, 2024
Stay tuned on our portal for the full scoop! Read on to catch all the details about Malaysia 2024 Family Aid: RM300 Support Payment for Seniors arriving on this day.
Bantuan Keluarga Malaysia 2024
In 2022, the Malaysian government introduced the Bantuan Keluarga Malaysia (BKM) initiative, extending direct financial aid to seniors, single parents, and families with three or more children.
Seniors aged 60 and above are entitled to RM300 in financial assistance, as outlined in the 2022 Budget. Additionally, single parents earning less than RM5,000 can expect a monthly supplementary assistance of RM500.
Explore further details about Bantuan Keluarga Malaysia 2024 in this post. Check it out here.
What is Bantuan Keluarga Malaysia?
The sudden global epidemic left numerous businesses struggling, leading to closures and layoffs. Responding to the crisis, the Malaysian government implemented various assistance programs to support citizens facing challenging times.
The BKM initiative, announced by the Malaysian Finance Minister in 2022, is geared towards aiding individuals in need, especially the B40 group, in recovering from the pandemic and coping with the challenges of a high cost of living. Introduced in Budget 2022, BKM is a direct cash aid program with the goal of lightening the financial burden for low-income groups. The decision to provide financial support was made in consideration of rising living expenses and food prices.
RM300 Support Payment for Seniors Coming on this day
BKM has concluded; for the latest updates, refer to the Government Grant 2023. Phase 1 payments are set for March 2022, with phase 4 completed by December 2022. The payments were distributed in four stages.
If you’re currently receiving GKP, BPR, or BKC, no need to reapply. Automatic reconsideration is in place for those previously denied. However, if you’ve never applied for BPR, GKP, or BKC assistance, make sure to submit your application.