PETALING JAYA: The latest loan moratorium under the RM150bil Pemulih package will not be interest free, but it would help borrowers by deferring the repayment to a later date.
Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said on Tuesday the banks will, however, waive the compounded interest or the interest charged on interest accrued during the six-month moratorium period, as well as any penalty charges.
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