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 Breaking* BNM say no need to pay loans, for 6 months

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romuluz777
post Mar 24 2020, 10:47 PM

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Each monthly instalment to the home loan consists of credit towards the principal amount and a portion for interest to the bank. The moratorium is temporarily stopping repayment of both.
romuluz777
post Mar 24 2020, 11:04 PM

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Where does it say that proof is required ?

romuluz777
post Mar 25 2020, 11:00 AM

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6 mths moratorium is just a pause in installment payments. The interest daily rest calcs still jalan as is.

For car loans, the end date just shifts back 6 mths



 

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