Banks to explain six-month loan moratorium to hire purchase customers


PETALING JAYA: The Association of Banks in Malaysia (AMB) and its member banks will be notifying their respective hire purchase customers on the procedures for the six-month loan moratorium announced by Bank Negara Malaysia Thursday (April 30).

In a statement released by ABM Thursday, it said hire purchase customers who had already notified their banks about continuing payment since March 25 need not take any further action.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

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MCO , ABM , Banks , Hire-purchase , Moratorium

   

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