Moratorium don’t affect CCRIS as this is part of relief for individuals and SMEs effort.

Despite not paying the instalments for 6 months, the interest for the duration will still be charged. Hence, outstanding balance at the end of 6th month will be more.

For Public Bank, request for moratorium can directly email to mailto:customerservice@publicbank.com.my with heading request for Moratorium. Please indicate Name, Account Number, HandPhone number and if possible Branch you applied loan with.

This is new announcement, normally auto debit accounts will suspend deduction as well unless you opt to continue payment.

Further SOP, need to confirm with your own Bankers,

Moratorium is a payment holiday up to 6 months, hence interest on the loan still charged. It is not like zero interest period for 6 months.

So it is either you continue payment or just enjoy 6 months payment holiday and let your loan balance increase for the next 6 months.

Continue pay interest.

April - September still charges interest.