If read the BNM statement, Assist borrower affected by COVID-19 Outbreak

if affected, then halt all loan payment for any servicing loan for 6 month automatically
if not, then pay as usual

But, how should bank know i am affected or not?
Still need to be apply right?

still automatic if accross all servicing product
not that u need to apply for house loan, than hire purchase, than personal loan

If this really automatic, imagine the day that you can fork out extra 500 from EPF and no need to pay mortgage/car loan/ptptn

Suddenly become rich fag, raya summore, everyone drink starbucks like water. Even for that 6 month.

I think they opt to do this for all because current BLR also low, once the period over and economy gooding, they revise the BLR. That time, your loan got extended already so, will need to use new BLR.

This post has been edited by marukopi: Mar 26 2020, 01:43 AM

heard that the mono will be cancelled of got payment after 1 Apr, u will then need to pay as usual for the rest of 6 month.