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 Last payment of car loan

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TSsamftrmd
post Mar 28 2023, 01:37 PM, updated 2y ago

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Next month will be the last payment of my car loan. The operator advise me to go to any branch to perform the payment instead of online bank transfer. What document should I get back from the bank?
delphine.88
post Mar 28 2023, 01:38 PM

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Clearance letter. Ori car card
poweredbydiscuz
post Mar 28 2023, 01:39 PM

 
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If the car grant is with the bank then get it back lo.

Release letter is not necessary as jpj doing online now (e-batal).

This post has been edited by poweredbydiscuz: Mar 28 2023, 01:40 PM
DSV4600
post Mar 28 2023, 01:46 PM

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QUOTE(poweredbydiscuz @ Mar 28 2023, 01:39 PM)
If the car grant is with the bank then get it back lo.

Release letter is not necessary as jpj doing online now (e-batal).
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Car grant can always get it earlier if you go to the bank and ask for it. Say you driving to Singapore.
iamloco
post Mar 28 2023, 02:01 PM

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QUOTE(delphine.88 @ Mar 28 2023, 01:38 PM)
Clearance letter. Ori car card
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No more release letter nowadays
Chisinlouz
post Mar 28 2023, 02:04 PM

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Got my registration card. Apart from fully settle the loan what should i do with other related authorities ie: JPJ, Puspakom ect after i paid off? What is e-batal, mandatory to do it?

This post has been edited by Chisinlouz: Mar 28 2023, 02:05 PM
iGamer
post Mar 28 2023, 02:06 PM

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Next thing to do is buy a new car and repeat the cycle again. biggrin.gif
fantasy1989
post Mar 28 2023, 02:07 PM

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mostly is getting release letter..thats it

garen or certificate now new car should give directly (since no value anyway)
desmond2020
post Mar 28 2023, 02:07 PM

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you need to go to auto finance centre if you want to get the car grant on the same day
fantasy1989
post Mar 28 2023, 02:08 PM

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QUOTE(Chisinlouz @ Mar 28 2023, 02:04 PM)
Got my registration card. Apart from fully settle the loan what should i do with other related authorities ie: JPJ, Puspakom ect after i paid off? What is e-batal, mandatory to do it?
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https://semakanstatus.com/e-batal/


better do that

then less hassle if u want to sell your car in future [especially to direct owner]

This post has been edited by fantasy1989: Mar 28 2023, 02:08 PM
aidris87
post Mar 28 2023, 02:08 PM

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i fully settled my car payment when there were 5 months left, never bothered to contact the bank

why your banker ask to go to branch?
vapanel
post Mar 28 2023, 02:09 PM

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Can pay online

RegentCid
post Mar 28 2023, 02:10 PM

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If your loan is 9 years...properly you will face this cycle again or very soon.
squareballs
post Mar 28 2023, 02:11 PM

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just settle online je..


and since loan finishing.. time to look for a new car.
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WaCKy-Angel
post Mar 28 2023, 02:11 PM

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QUOTE(samftrmd @ Mar 28 2023, 01:37 PM)
Next month will be the last payment of my car loan. The operator advise me to go to any branch to perform the payment instead of online bank transfer. What document should I get back from the bank?
*
Ekceli now no need liao.

Just ask them to do E-BATAL it will update directky at JPJ

This post has been edited by WaCKy-Angel: Mar 28 2023, 02:11 PM
Chisinlouz
post Mar 28 2023, 02:11 PM

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QUOTE(fantasy1989 @ Mar 28 2023, 02:08 PM)
https://semakanstatus.com/e-batal/
better do that

then less hassle if u want to sell your car in future [especially to direct owner]
*
Tq.

I realise that chop is for older geran. With new vehicle card format i guess just make a new geran will do?
jay
post Mar 28 2023, 02:12 PM

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can I pay my car loan 99% and leave Rm1 balance and dont pay it until tenure ends?
Deathscythe@@
post Mar 28 2023, 02:14 PM

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Walk in to the branch to officially close the account. They will close the hire purchase account and perform "e-batal". I received a confirmation letter after weeks from RHB as well. Time to look for new car.....
IamBlind
post Mar 28 2023, 02:14 PM

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congratulation on the final payment, the original car owner need to be there as alot of document need you to acknowledge

Natsukashii
post Mar 28 2023, 02:16 PM

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QUOTE(aidris87 @ Mar 28 2023, 02:08 PM)
i fully settled my car payment when there were 5 months left, never bothered to contact the bank

why your banker ask to go to branch?
*
Go bank.. there's e-milik jpj thing bank will need to do.

Bank will remove their hakmilik of your car, they'll do it online on the spot and give you the JPJ memo

This post has been edited by Natsukashii: Mar 28 2023, 02:17 PM

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