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 Last payment of car loan

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piscesguy
post Apr 10 2023, 11:44 AM

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QUOTE(samftrmd @ Apr 10 2023, 11:08 AM)
Settle liau smile.gif
Need to be in front of the counter and pay cash of minimum RM15, provide IC, and bank gives payment letter and account closure.
next month I have 800++ to spend liau rclxm9.gif
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Do u need to go JPJ do the e-batal thing?
piscesguy
post Apr 10 2023, 11:46 AM

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QUOTE(aidris87 @ Mar 28 2023, 02:34 PM)
i see. few days after i made the full payment, i received an automatic letter by the bank stating that my instalment is completed. i just assumed that letter is proof that hakmilik thing is already settled.

anyway i have sold off the car, no issue whatsoever
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The letter sent to u by post?
piscesguy
post Apr 10 2023, 11:47 AM

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QUOTE(cubiclecarbonate @ Apr 10 2023, 11:46 AM)
Untung can go any branch

Mine need to go to the branch i applied the loan
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What bank? Mine is maybank, hopefully can go any branch.
piscesguy
post Apr 10 2023, 11:59 AM

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QUOTE(aidris87 @ Apr 10 2023, 11:51 AM)
yea by post
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So nice, what bank?
piscesguy
post Apr 10 2023, 12:08 PM

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QUOTE(aidris87 @ Apr 10 2023, 12:02 PM)
tiger bank
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Haha, me too. Then i hope i can get letter by post, no need go to bank.
piscesguy
post Apr 10 2023, 01:30 PM

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QUOTE(samftrmd @ Apr 10 2023, 01:22 PM)
Bank counter said can go after 3 days, but not necessary.
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But u still to cancel the bank name from your car registration card rite?
piscesguy
post Apr 10 2023, 02:34 PM

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QUOTE(iamloco @ Apr 10 2023, 02:22 PM)
Just sharing my experience.
-Called bank to fully settle my loan (few more instalments remaining). Been asked to go to any hire purchase branch to settle
- went to branch. Did online transfer at the counter (via hp) and verified by the officer.
- done. No letter whatsoever
- after 4 days went to JPJ to get the "batal" stamp on my grant (the grant has been with me for a few years already).

Loan via Hong leong bank.
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If no letter, how the JPJ know u have settle your bank loan?
piscesguy
post Apr 10 2023, 03:13 PM

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QUOTE(Roman Catholic @ Apr 10 2023, 03:06 PM)
Why is it the owner has to go to JPJ to strike out the financier claim on our vehicle that has been fully settled ? The financier has updated and cancelled their claim on our vehicle and that should be it. Done complete finished. Nabeh personally have to go to JPJ for this useless thing ?
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Can the bank stamp chop “batal” on the registration card?

If can, then no need go jpj.
piscesguy
post Apr 10 2023, 03:31 PM

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QUOTE(iamloco @ Apr 10 2023, 03:22 PM)
They have their online database
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Actually if there is online database, then why still need go jpj? In the system, the grant is NOT the bank name anymore. Cancel or not in the registration card doesn’t really matter rite?
piscesguy
post Apr 10 2023, 03:38 PM

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QUOTE(iamloco @ Apr 10 2023, 03:32 PM)
Well, somebody did mention he manage to sell his car even without getting the batal stamp. So maybe it's not really required. I just did it for my ego boost in social media lol
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If really want to sell the car, then i think both the seller and buyer need to go jpj, by then can still stamp batal on the registration card if really need to do so.😂
piscesguy
post Apr 10 2023, 03:40 PM

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QUOTE(Roman Catholic @ Apr 10 2023, 03:36 PM)
Asking also no point. Not as if they will understand. Yang turut perintah.
Thought I could ignore going to JPJ since a HP loan was settled 2 years ago but after reading JPJ website today, better go settle this stupid stuff.
No wonder country not productive. Do non productive thing make look like productive stuff. Look only like busy but dunno busy with immaterial stuff.
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U don’t need go jpj just for the stamp batal.

Wait till u sell the car, u still need to go jpj, then can do it one shot, no need waste time now.

 

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