First of all, what credit facility? Home loan? Hire purchase? Term loan?
Second of all, which bank? Every bank practises differently.

If you want to keep paying, remember to fill the form to opt out.

Public Bank (PB) Hire Purchase & AITAB Hire Purchase-i Moratorium
(New updates pursuant to Bank Negara Malaysia’s announcement on 30 April 2020)

To safeguard the interests of all Hire Purchase (“HP”) and AITAB Hire Purchase-i (AITAB HP-i) customers, all customers who wish to take up the HP Moratorium are required to submit their application TO OPT-IN under this new process.

Public Bank HP customers and Public Islamic Bank AITAB HP-i customers who wish TO OPT-IN must complete and confirm your acceptance to the HP Moratorium terms* not later than 28 May 2020.

*HP Moratorium terms would include the following:
1. The prevailing Annual Percentage Rate (APR) as stated in the existing HP Agreement/AITAB HP-i Agreement will be charged on the deferred instalments.
2. The financing tenure/maturity date will be consequentially deferred corresponding to the period of moratorium granted.

For further details, please refer to Frequently Ask Questions (FAQs): https://www.pbebank.com/pdf/Announcements/h...ovid19-faq.aspx

CLICK HERE (https://www.pbebank.com/forms/form-hp-opt-in.aspx) to access the Consent Form. Please complete and submit the Consent Form not later than 28 May 2020

NO ACTION is required from customers who do not wish to take up the HP Moratorium. You are required to resume the normal HP/AITAB HP-i instalment payments.

Please call our HP Moratorium hunting lines from Monday to Thursday (8.45 a.m. to 5.45 p.m.) and on Friday (8.45 a.m. to 4.45 p.m.) should you require further assistance.

For HP Account
1. 03-21767701
2. 03-21767702
3. 03-21767703

For AITAB HP-i Account
1. 03-21766086

- 30 April 2020

From where you know this?
Inside Maybank2u?

This post has been edited by GrumpyNooby: May 12 2020, 05:53 PM

Hire Purchase & AITAB Hire Purchase-i Moratorium
(Updates pursuant to Ministry of Finance announcement on 6 May 2020)

*There will be no interest or charges on the deferred instalment.*

However, as a procedural requirement, HP & AITAB HP-i customers are required to complete the Confirmation Form not later than 15 June 2020.

Please CLICK HERE to access the Confirmation Form.
FORM LINK: https://www.pbebank.com/forms/confirm_Moratorium.aspx

For further details, please refer to: Frequently Ask Questions (FAQs)
FAQ LINK: https://www.pbebank.com/pdf/Announcements/h...ovid19-faq.aspx

Should you decide not to take up the HP Moratorium please notify your account holding branch in writing by 15 June 2020. You are then required to resume the monthly instalment payments immediately.

Please call our HP Moratorium hunting lines from Monday to Thursday (8.45 a.m. to 5.45 p.m.) and on Friday (8.45 a.m. to 4.45 p.m.) excluding Public Holidays should you require further assistance.

HP Moratorium Hunting Lines: 03-21767701, 03-21767702, 03-21767703

- 14 May 2020

This post has been edited by GrumpyNooby: May 14 2020, 07:39 PM

Error:



This post has been edited by GrumpyNooby: May 14 2020, 07:40 PM

25 SEPTEMBER 2020
Repayment Assistance: Update your loan/financing recurring payments on M2U when the moratorium ends on 30th September

Dear Valued Customers,

With the moratorium ending on 30th September, your loan/financing repayment will resume effective 1st October.

If your recurring payments on M2U were automatically suspended during the moratorium, it will be enabled on 1st October. As your instalment amount may have changed due to OPR reduction in July, we would like to remind you to log in to your Maybank2u to review and update your recurring payments if necessary.

If you have previously cancelled your loan/financing recurring payments on M2U due to the moratorium, log in to your M2U account to set it up so you won’t miss any payment in the future.

Click here for more information on how to set up recurring payments on your M2U.
https://www.maybank2u.com.my/maybank2u/mala...ansfer_faq.page

https://www.maybank2u.com.my/maybank2u/mala..._recurring.page?

The maturity extension tenure doubles.

2034 + 43 = 2077

This post has been edited by GrumpyNooby: Sep 30 2020, 04:37 PM

Ops ... Maths failed.
Sorry!

Bank Islam's post-moratorium aid until June next year

KUALA LUMPUR: Bank Islam Malaysia Bhd's targeted repayment assistance for customers affected by job loss or monthly salary reduction remains available until June 30,2021.

The bank assures it is committed to assisting its customers in navigating through current trying times, particularly following the recent spike in COVID-19 positive cases nationwide.

https://www.thestar.com.my/business/busines...-june-next-year