Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 Maybank semi flexi housing loan, Advance Payment reduce Interest?

views
     
joey2000
post Oct 14 2023, 08:41 PM

Casual
***
Junior Member
387 posts

Joined: Sep 2005
QUOTE(ChuanHong @ Aug 3 2023, 10:16 AM)
full flexi should have 1 current account.. as your money is throw into this current account and used to pay for loan amount.. you can withdraw at anytime u want & pay monthly fee on this type of full flexi account..

semi flexi just have 1 loan account without current account..
*
Now do we need to inform bank ?

Last time extra payment will go to advance payment which cannot reduce interest.
Need to inform bank it's for capital repayment only can reduce interest and can be withdraw in future.

 

Change to:
| Lo-Fi Version
0.0168sec    0.58    6 queries    GZIP Disabled
Time is now: 22nd December 2025 - 10:51 PM