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> 3 yrs lock in period

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TSBluelight1989
post Apr 28 2017, 02:05 AM

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QUOTE(wild_card_my @ Apr 27 2017, 07:15 PM)
As mentioned in the other topic, and for the benefit of everyone here... yes, you can make advanced payment during the lock-in periods. Just dont fully settle the loan accidentally, otherwise you will trigger the penalty
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Even it's ok to pay till the loan left 500?
wild_card_my
post Apr 28 2017, 05:26 AM

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QUOTE(Bluelight1989 @ Apr 28 2017, 02:05 AM)
Even it's ok to pay till the loan left 500?
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Yes, but imagine this ya.. next month the installment is due... say, Rm1000... the bank will automatically take the RM1000 from the advance payment.

Congratulations, you have just finished paying off the loan. But now the penalty is triggered if it is still within the lockin period

 

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