If you need to put in money into the account and also with
Draw frequently need full flexi.

If you put in money frequently but no intention to withdraw then semi flexi

Actually I prefer full flexi, can maximize the potential of every ringgit, bt MBB full flexi the intital monthly repayment is higher compared to term loan, which I feel quite burdensome.

I was thinking like the MBB semi flexi need to do the prepayment for principal & monthly repayment separately (like they won’t deduct automatically from the prepayment fund), bt as answered above, they will deduct monthly instalment from the prepayment fund which i think is nice & very convenient.

Actually my concern is if they don’t auto deduct, meaning I have to spare some money for the monthly instalment, in this way I have missed to save/earn interests on the “spare money”.

Of course full flexi still better, all upcoming payments for car instalment, credit cards payment, utilities bill, etc can just park in the full flexi account, maximise the saving/earning of every ringgit.

Maybank2u Loan page cant view said system error or user tamper ,anyone same problem ?

Hi, I have a question regarding Maybank's MaxiHome Flexi Loan (full flexi). I'm going to service my monthly installment soon.

This full flexi home loan is a 3-in-1 savings + current + loan account. I believe because of that, there's no loan account appearing under the Loans section on Maybank2u.

Here's the problem, where I can find, on Maybank2u, all the info regarding my loan repayment such as the monthly due date, my current interest and principal balance, current BLR (this loan was approved during BLR days) and all other details regarding the loan itself?

Anyone here familiar with Maybank's loan product can help shed some light? Would really really appreciate that. Thanks in advance!

Hello ylihao,

Good evening mate.
To access and see the details of your loan, if you are using the Mobile Maybank2u interface, the following is the flow/view breadcrumbs:

Login > My Account > Loans

From there you will be able to see the loan details already.
Hope above helps.

Thank you.

Hi, I wonder if I already have maybank account, and now apply for the full flexi loan, are they going to use back my old account?

Also, I m in the process of applying semi-flexi loan, once approved can I change to full flexi without going through all the paperwork again?

Thanks.

Hi, thank you for your reply. The problem is, my home loan is MaxiHome Flexi Loan (full flexi overdraft type) and it doesn’t show up the “Login > My Account > Loans” section. The Loans section shows that I do not have a loan account.

Hmm, that is weird, you might want to check with the CS of the bank to find that out mate.

MaxiHome Flexi Loan is all consolidated in the Overdraft account. There will not be a separate Loan account.

Do you know if there is any way I can find out what is the interest rate for my MaxiHome Flexi Loan / Overdraft account?

Maybank to lower lending, FD rates by 20bps
Read more at https://www.thestar.com.my/business/busines...iD43O1Stul6d.99

Hi all sifus~ wanted to ask is there any additional charges to be imposed for this Maxihome (Semi) when I want to pay principle only?

hi all sifus,
regarding the full flexi loan from maybank, here's the information i gathered from their website
https://www.maybank2u.com.my/mbb_info/m2u/p...sonal/LOA-Loans

it mentioned that i can earn interest up to 1.85% for credit balances above RM5k. Is this the same as having at least RM5k in the current account?

scenario:
let's say i get a loan of RM 500k with monthly repayment of rm3k(full flexi)
I have extra cash lying around and i decided to put in RM 500k into the current account.
So, my question are as following:

1) Is my interest going to be 0% since I have reduce the principal to RM0? which means the monthly repayment of RM 3k will be entirely going to pay off the principal?

2) If the RM3k is fully used to pay the principal, does that mean that i will have shorter tenure?
RM500/3= 167 months = ~13 years ( instead of 35 years)

3) According to the link above, I will earn 1.85% for credit balances above 5k. Does that mean at the same time I'll be also earning interest in my current account?

4) At some point of time, I need cash for emergency and i withdraw rm200k from my current account. So the new interest charged will be for the rm200k right?

Thanks

Hi I m having a semi flexi loan with MAYBANK. The offer letter said the account will be automatically closed if it is in zero or credit balance, meaning fully offset. The banker told me I need to have at least 1% remain but I cannot find this info in the offer letter or loan agreement. Anyone know how much we can offset?

If you decide to put advance payment into your loan, as long as the balance in your loan account is RM0.01 or more then it is fine. Example, if today bank disburse RM50k, tomorrow you can dump in RM49999.99 to save on progressive interest (assuming you’re getting undercon project). Then do not dump in anymore money into this loan account until the next disbursement.

Many thanks!

Can advise for conventional housing loan is there option to park advance payment to reduce interest or whatever advance payment part will automatically reduce the sum disbursed? Loan for undercon project

your question is too confusing. you should have mentioned whether yours is conventional term loan, conventional semi flexi or conventional full flexi loan.

My bad, it's conventional term loan

can't put any money to reduce interest. they will treat it as advanced payment. you can read your offer letter for detailed terms and conditions.