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 Question about staff loans at banks

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TScontestchris
post Sep 21 2023, 02:14 AM, updated 3y ago

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Let's say Maybank offer 2.5% fixed interest rate for staff housing loan. Other banks offer something similar as well.

Can you continue enjoying 1 or 2 years later if you leave the company?
joshgm_119
post Sep 21 2023, 02:34 AM

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Staff loan is for staff for as long as you remain on their payroll.

If you are no longer a staff, loan will be restructured to prevailing market rates as part of your exit from the company.
DarkAeon
post Sep 21 2023, 11:15 AM

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QUOTE(contestchris @ Sep 21 2023, 02:14 AM)
Can you continue enjoying 1 or 2 years later if you leave the company?
*
> staff loan
> no longer staff

well, i thought it is obvious?
nexona88
post Sep 29 2023, 07:44 AM

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Lolz...

Only applicable when u still staff...

Once u leave... need to settle fully or pay full payment monthly

Simple as that...
The banks not doing charities

 

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