Received similar late interest charges due to delayed first drawdown amounting to RM5k+. I received first progressive payment notice (up to stage 2c) a week after SPA signed, with due date 21 days later. Obviously I couldn't meet the due date as documentation and all took time. First disbursement settled exactly 2 months after SPA signed. However, I couldn't find grace period mentioned in SPA. Can anyone help? Believe the SPA is generic.