Bantuan Sara Hidup 2019: What You Should Know?

December 12, 2018



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Bantuan Sara Hidup (BSH) 2019 is formerly known as BR1M (1Malaysia People’s Aid). This BSH is to be given to the bottom 40 percent of the households which is seen to be a more specific and systematic mechanism.

For your information, this BSH will be opened for its application starting from this January 2019. The official announcement of the application date will be made by the Ministry of Finance in the near future. The application can be done in two ways, either by online or manually at the LHDN office.


So, what you should know about this BSH?

BSH is divided into 3 major categories which are:

📌 Category 1 - Households with monthly income of RM2,000 and below.

Benefits:
✔️ RM 1000
✔️ Additional RM 120 for every child under 18 years old (limited to 4 children)

📌 Category 2Households with monthly income of RM3,000 and below.

Benefits:
✔️ RM 750

📌 Category 3 Households with monthly income of RM3,001 - RM4,000.

Benefits:
✔️ RM 500

For example, the family with a monthly income of RM 2,000 and below with 3 children under 18 years old will roughly get RM 1,360. In fact, comparably, the amount received based on BSH is higher than BR1M which is only RM 1,200.

Thus, all applicants are required to apply by their respective categories with honesty and to make sure that all the information given are correct. The payment rate will be determined by looking at these categories listed.

Remember! If the applicant is found to be cheating or giving wrong information, the application will be canceled immediately.

However, the money that we received must be spent in a good manner. So here are some of the suggestions that you could use to spend your money wisely.


1. SET IT AS AN EMERGENCY CASH

Besides saving 10% of the monthly salary, you are advised to also set this BSH money as one of the sources for any unforeseen emergency cases that might occur. This is because we do not know when we will be in the emergency situation, where everything might desperately need money to handle it. At least you have some cash in hand, right?

2. INVEST IN THE CHILDREN

As this BSH will be credited at the beginning of every year, it can surely be useful for the kid's preparation in terms of school fees, uniforms, stationery, and equipmentWithout us realizing,
by renewing their school equipment, it might be one of the indirect motivation that can burn their spirit to study better.


3. DIFFERENTIATE BETWEEN NEEDS AND WANTS

You may spend on your wants but it is better to put it aside for some other times first. Identify what are the things that you exactly need and list down those items needed before you go shopping to avoid over-expense.

4. CLEAR THE DEBTS

Before you spend the money on anything else, you are highly recommended to clear all the payments or debts that have been your lifetime nightmare. For example, the recurring costs like car rental, car insurance, and credit card renewal fees which we have to pay yearly or monthly. These type of payments should always be on top of your priority.

After all, you really need to have proper financial management which can help to avoid your finances spiraling out of control. It's easy to catch yourself in debt if you are not sure where all your money goes on a monthly basis.

 Where can I withdraw/claim my BSH?

No worries, you may claim your BSH at any Bank Simpanan Nasional (BSN) branches in Malaysia.

 What are the documents that you should bring for the claiming process?

There are two vital documents that you should bring with you, which are:

1. The approval letter and voucher
2. Original applicant Identification Card (IC)

For more frequently asked questions, you may visit here: 👉 FAQ 

I hope this post would help you in any way. If you have any inquiries, please do not hesitate to contact:

☎️ Hotline MOF:  03-8882 4565 / 03-8882 4566
📞 Hotline BSH LHDN: 1-800-88-2716
📠 Fax MOF: 03-8882 3933

Or you can go to the MOF Secretariat office at:

Pejabat Belanjawan Negara
Kementerian Kewangan Malaysia
(MOF), Presint 2, 62592 Putrajaya

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4 Comments

  1. Kat BSN je ke dapat? Macam makin susah je..

    ReplyDelete
  2. sekarang pun dah ramai yg tanya boleh ke nak kemaskini bsh ni. jenuh la nak menjawab. haha

    ReplyDelete
  3. Needs and wants tu yang penting nak control dalam berbelanja. Kalau tidak, rasakan penangan duit mengalir macam air. Sis layak ke nak mohon ni hahahahahahahaha...

    ReplyDelete
  4. nak cari bantuan sara hidup bukan susah, sini ada 3 jenis. Tengok sekarang.

    ReplyDelete