Banks to notify borrowers about deferment from Friday


Bank Negara Malaysia said on Thursday the borrowers/clients would be notified via SMS, email or registered mail from their banking institutions.

KUALA LUMPUR: Borrowers/customers with hire purchase loans and fixed rate Islamic financing will receive a notification from Friday on the steps needed to take to complete the process of deferring their loan/financing payments under the moratorium.

Bank Negara Malaysia said on Thursday the borrowers/clients would be notified via SMS, email or registered mail from their banking institutions.

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Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

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Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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Bank Negara , moratorium , hire purchase

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