Hi all, need info on making one lump sum repayment of housing loan principal amount using cheque.

I was informed that i need to go to physical bank branch to do this.

Anyone has more info or complete steps on this? Can i just write a cheque and deposit at the cheque machine?

TQ

Hi all, thanks for the reply..

An update on this, i went to Public bank and settled this:

1. bring cheque book to Sunway branch, inform receptionist that i want to make repayment on housing loan principal amount

2. receptionist told me to go first floor (i supposed is loan department). I go up, told them the same intention. The officer gave me a form to fill up my loan account number and amount to be paid.

3. The officer took the form to check and then sign on it. Pls take note the officer indicated "for repayment of loan principal" on the form.

4. On the cheque, Payee just need to write the loan account owner's name. Indicate loan account number behind the cheque.

5. with the signed form and cheque, go back to branch counter and wait for ur number to be called up. Pass the form and cheque and they will provide a receipt for it.

Hope this explains to all existing and future public bank loan customers. XD

A bit different with my previous loan with ocbc that i can just deposit the cheque at the machine or even make advance payment online.

of course... both amount repaid and also latest balance