PAYMENT OF CONTRIBUTION

OVERVIEW

RATE OF CONTRIBUTION

Payment of Contribution

On 1 January 2018, SOCSO introduced PERKESO ASSIST Portal to facilitate employers to manage their registration, update records and contribution payments.
To use PERKESO ASSIST Portal, employers need to register to obtain the ID for the ASSIST Portal by filling in the form for PERKESO ASSIST Portal ID. Employers can download the form from SOCSO website and send it to the nearest SOCSO office.
PERKESO ASSIST Portal can be accessed by visiting www.perkeso.gov.my and login to ASSIST Portal.

Internet Banking
Employers need to be registered and have an account with the appointed banks. Further details can be obtained by contacting the following banks:

No	Bank	Services
1	Maybank Berhad	Maybank2e.net
2	CIMB Bank Berhad	BizChannel
3	RHB Bank Berhad	RHB Reflex
4	Public Bank Berhad	PBeBank.com
5	Citibank Berhad	CitiConnect
6	Hong Leong Bank Berhad	ConnectFirst/Connect Biz
7	AmBank Malaysia Berhad	E-Ambiz
8	Alliance Bank Malaysia Berhad	BizSmart
9	Affin Bank	affinonline
10	HSBC Bank (M) Berhad	HSBCnet
11	Bank Islam Malaysia Berhad	e-Banker
12	Agro Bank	AGRONet
13	UOB Bank	UOB Business Internet Banking
14	Bank Muamalat Malaysia Berhad	Corporate Internet Banking (i-Biz)
15	Standard Chartered Malaysia	Straight2Bank
16	OCBC Bank	OCBC Velocity
17	Bank Rakyat

Bank counters (using ACR reference with contribution data submitted through PERKESO ASSIST Portal).
Banks appointed by SOCSO as collection agents for contribution payments are as follows:
i. Maybank Berhad
ii. RHB Bank Berhad
iii. Public Bank Berhad (starting 1 March 2018)
Counters at SOCSO offices (using ACR reference with contribution data submitted through PERKESO ASSIST Portal).
Payment of contributions must be made using cheque or money/postal order only.

Contribution Payment Period
Contributions payable for any month must be paid no later than the 15th day of each succeeding month (eg: contributions for July 2017 must be paid latest by 15 August 2017).

Interest on Late Payment of Contributions
Interest on late payment of contributions will be imposed at a rate of 6% per annum for each day of contributions not paid within the stipulated period.

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