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 lock in periods and RPGT

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TSMegaCanonF
post May 11 2022, 12:19 PM, updated 4y ago

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hi, last time banker confirmed with me that the loan is no lock in period (maybank). Which part of the document which i need to see to confirm this fact?


mini orchard
post May 11 2022, 12:22 PM

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QUOTE(MegaCanonF @ May 11 2022, 12:19 PM)
hi, last time banker confirmed with me that the loan is no lock in period (maybank). Which part of the document which i need to see to confirm this fact?
*
Offer letter. If is not stated, then none.
TSMegaCanonF
post May 11 2022, 12:23 PM

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QUOTE(mini orchard @ May 11 2022, 12:22 PM)
Offer letter. If is not stated, then none.
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thanks. need to dig back those documents
mini orchard
post May 11 2022, 12:25 PM

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QUOTE(MegaCanonF @ May 11 2022, 12:23 PM)
thanks. need to dig back those documents
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Btw, rpgt is different.
Michaelbyz23
post May 11 2022, 07:00 PM

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Maybank Islamic loan usually doesn't have lock in.
If it's conventional loan, most likely there will be lock in period.
Refer back to your loan offer or agreement.

 

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