I have successfully done the RHB full flexi loan and all related process.
- say transfer RM50k from current account to loan account to reduce the principle interest in daily basis, then transfer back from loan account to current account freely with ZERO transfer charges and ZERO monthly charges.

Let me know I can recommend you my RHB bank agent contact because she is very helpful in helping me solve all problems regarding on this and knows well on this full flexi loan package.

my question about this RHB full flexi loan.
hope you all can share your experience (coz i get different answer from different customer service from RHB branch)

1.) extra $ via Principle prepayment - deduct interest in full amount of extra $ in principle or only amount multiple by 1k?

2.) loan withdrawal amount - I pump in 10k to principle account, however only show 4xxx in available amount to withdraw. I pump again 2k, still 4xxx amount (different 4k amount). - any idea on limitation here?

3.) how to I know how much extra principle I did paid?

4.) I cannot view how much interest they charge monthly from online transaction history. Any idea how can I know how much interest I was charged?

5.) branch advice me open saving account instead of current account - do I need to keep at least 1k in my saving account to avoid service charge on flexi loan service?

6.) After I pay extra money via principle prepayment, do I need to pay as follow my instalment schedule? or it will deduct from my extra amount in principle account?
if I am not pay as schedule (when i have paid extra money in principle), will I get penalty?

rhb different that the rest.
here the image of the payment

Care to share more? if you put bulk of salary for  principal repayment and withdraw later it won't help to reduce the interest much?

Is MBB loan interest more straightforward?

so best time to pay is between 5th to 20th of the month? btw, where do u get your statements (email / paper mail )? RHB does not send me any statement.. getting really annoyed..

ah yes, i am receiving the half yearly statement, but i would prefer receiving the monthly one as well to know how they do the interest calculation..

new BR effective from 5th of April 2019.

source

Not sure about the new one. Last I check still dont have this function. I always switch back to the old website on bottom right when i do loan redrawal. Hope this helps.

Not sure about the new one. Last I check still dont have this function. I always switch back to the old website on bottom right when i do loan redrawal. Hope this helps.