Grace period for loans


Bank Negara loans copy

PETALING JAYA: Bank Negara is granting an automatic moratorium on all loan or financing payments for individuals and small and medium-sized enterprise (SME) borrowers for six months beginning April 1.

This comes as part of the central bank’s new measures to assist borrowers experiencing temporary financial constraints due to the Covid-19 outbreak.

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Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

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Bank Negara , grace , period , loans , assist , SMEs , individual , borrowers , ringgit , liquidity ,

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