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 Maybank Release letter for car loan

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TSZoo Howl
post May 18 2024, 10:34 AM, updated 2y ago

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I have finish paying for my car with maybank, will there be any release letter given? I contacted the home branch, they told me it is not their duty, HQ will mail it to my home but will take 1 month time. Has anyone experience this before?
stanck
post May 18 2024, 10:38 AM

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QUOTE(Zoo Howl @ May 18 2024, 10:34 AM)
I have finish paying for my car with maybank, will there be any release letter given? I contacted the home branch, they told me it is not their duty, HQ will mail it to my home but will take 1 month time. Has anyone experience this before?
*
If they say they are going to do it, should not be a problem. Have it written in email. Atleast there is a black and white.

adam71
post May 18 2024, 10:40 AM

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QUOTE(Zoo Howl @ May 18 2024, 10:34 AM)
I have finish paying for my car with maybank, will there be any release letter given? I contacted the home branch, they told me it is not their duty, HQ will mail it to my home but will take 1 month time. Has anyone experience this before?
*
can I have the email that you email to?


teehk_tee
post May 18 2024, 10:40 AM

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Go to the auto finance hub for your loan. Years ago I went straight to mbb Dataran Maybank at Bangsar, saying I cleared my final settlement, then on the spot they issue one for me
Human Nature
post May 18 2024, 10:46 AM

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Only Maybank have this release letter? Or is it the same for other banks like PBB?
TSZoo Howl
post May 18 2024, 10:47 AM

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QUOTE(stanck @ May 18 2024, 10:38 AM)
If they say they are going to do it, should not be a problem. Have it written in email. Atleast there is a black and white.
*
Whats the email address?
QUOTE(teehk_tee @ May 18 2024, 10:40 AM)
Go to the auto finance hub for your loan. Years ago I went straight to mbb Dataran Maybank at Bangsar, saying I cleared my final settlement, then on the spot they issue one for me
*
I called the auto finance hub that i went. They told me they wont issue anything. They said is the HQ. Dont know why so difficult to release a letter that need 1 month time. I have already seen the account closed in my MAE app
TSZoo Howl
post May 18 2024, 10:48 AM

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QUOTE(Human Nature @ May 18 2024, 10:46 AM)
Only Maybank have this release letter? Or is it the same for other banks like PBB?
*
Im not sure. But it is a black and white says that u have cleared the loan so that they won’t kacau u
danieln
post May 18 2024, 10:55 AM

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PBB now not giving any letter

ask you make last payment over counter and they will print 'loan payoff' on the slip and that's it
TSZoo Howl
post May 18 2024, 10:56 AM

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QUOTE(danieln @ May 18 2024, 10:55 AM)
PBB now not giving any letter

ask you make last payment over counter and they will print 'loan payoff' on the slip and that's it
*
How about maybank
danieln
post May 18 2024, 11:00 AM

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QUOTE(Zoo Howl @ May 18 2024, 10:56 AM)
How about maybank
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no loan with tiger, no idea
Deidara
post May 18 2024, 11:25 AM

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Call up the bank and ensure they do e-batal in JPJ system, in case you intend to sell the car
WaCKy-Angel
post May 18 2024, 11:31 AM

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QUOTE(Zoo Howl @ May 18 2024, 10:34 AM)
I have finish paying for my car with maybank, will there be any release letter given? I contacted the home branch, they told me it is not their duty, HQ will mail it to my home but will take 1 month time. Has anyone experience this before?
*
Now they do e-batal no need any letters anymore. JPJ straight updated
TSZoo Howl
post May 18 2024, 11:36 AM

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QUOTE(WaCKy-Angel @ May 18 2024, 11:31 AM)
Now they do e-batal no need any letters anymore. JPJ straight updated
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But that is for the JPJ side right? Not bank side
WaCKy-Angel
post May 18 2024, 11:40 AM

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QUOTE(Zoo Howl @ May 18 2024, 11:36 AM)
But that is for the JPJ side right? Not bank side
*
bank will do it online.

The "release letter" was needed in old days for u to show to JPJ to remove bank claim.
Now do e-batal u no longer need any letter.

This post has been edited by WaCKy-Angel: May 18 2024, 11:42 AM
GTA5
post May 18 2024, 11:46 AM

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I recently cleared off my car loan with Maybank too

Don't need to do anything

Once I paid off my last payment, the loan account was closed automatically

A week later, I called JPJ to confirmed the bank has done the ebatal

No release letter nothing
TSZoo Howl
post May 18 2024, 12:05 PM

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QUOTE(GTA5 @ May 18 2024, 11:46 AM)
I recently cleared off my car loan with Maybank too

Don't need to do anything

Once I paid off my last payment, the loan account was closed automatically

A week later, I called JPJ to confirmed the bank has done the ebatal

No release letter nothing
*
Ok thanks. Dont know why the branch told me wait to receive a letter from HQ within a month time?
SUSXploit Machine
post May 18 2024, 12:12 PM

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QUOTE(Zoo Howl @ May 18 2024, 10:34 AM)
I have finish paying for my car with maybank, will there be any release letter given? I contacted the home branch, they told me it is not their duty, HQ will mail it to my home but will take 1 month time. Has anyone experience this before?
*


no need release letter nowadays for owner, the geran will be nullified by the finance automatically and send to JPJ to process ..

read more here https://www.carsome.my/news/item/prosedur-e...eta-habis-bayar

user posted image
TSZoo Howl
post May 18 2024, 12:29 PM

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QUOTE(Xploit Machine @ May 18 2024, 12:12 PM)
no need release letter nowadays for owner, the geran will be nullified by the finance automatically and send to JPJ to process ..

read more here https://www.carsome.my/news/item/prosedur-e...eta-habis-bayar

user posted image
*
Tq for the clarification

I think the branch told me the letter is referring to e-batal
Si kutu rayau
post May 18 2024, 12:32 PM

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QUOTE(Human Nature @ May 18 2024, 10:46 AM)
Only Maybank have this release letter? Or is it the same for other banks like PBB?
*
Banks should have I think. Me finish pay ptptn they also got give me release letter.
wigneswr
post May 18 2024, 12:34 PM

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I finished payment with Maybank last month. They said no letter given immediately as currently don't need for JPJ. There is no "Hak Milik Dituntut" On the car grant.

MAYBANK will send a letter to you later. I still have not received mine.
WaCKy-Angel
post May 18 2024, 12:36 PM

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QUOTE(Zoo Howl @ May 18 2024, 12:29 PM)
Tq for the clarification

I think the branch told me the letter is referring to e-batal
*
I believe that would be the e-batal confirmation printed out when bank submit the e-batal.
Just to show to u they already did it.

U can call JPJ to check whether its done already or not. The confirmation not really important.
SUSXploit Machine
post May 18 2024, 12:37 PM

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QUOTE(Si kutu rayau @ May 18 2024, 12:32 PM)
Banks should have I think. Me finish pay ptptn they also got give me release letter.
*


but vehicle ownership release letter differs from the one given by Telco, Education Repayment smile.gif

mine from Telco last time ..

user posted image

This post has been edited by Xploit Machine: May 18 2024, 12:38 PM
gheyfriend
post May 18 2024, 12:59 PM

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Noneed do anyting la.. all automated n lunk to jpj
elm0001
post May 18 2024, 01:57 PM

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settle the last payment in your home branch and then they will give you a piece of paper saying ownership has been transferred
TSZoo Howl
post May 18 2024, 02:01 PM

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QUOTE(wigneswr @ May 18 2024, 12:34 PM)
I finished payment with Maybank last month. They said no letter given immediately as currently don't need for JPJ. There is no "Hak Milik Dituntut" On the car grant.

MAYBANK will send a letter to you later. I still have not received mine.
*
Wow so long already never receive. U never chase them for it?
shadowglow
post May 18 2024, 02:06 PM

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QUOTE(Zoo Howl @ May 18 2024, 10:34 AM)
I have finish paying for my car with maybank, will there be any release letter given? I contacted the home branch, they told me it is not their duty, HQ will mail it to my home but will take 1 month time. Has anyone experience this before?
*
Sound like someone tai chi, if gonna approve, branch is the one handles it.

Just escalate to someone more competent
TSZoo Howl
post May 18 2024, 02:12 PM

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QUOTE(shadowglow @ May 18 2024, 02:06 PM)
Sound like someone tai chi, if gonna approve, branch is the one handles it.

Just escalate to someone more competent
*
Yes i also think she is lazy and dont want to do it
a13solut3
post May 18 2024, 02:28 PM

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I settled HLB and MBB around the same time end of 2023, never get any letter from them. Both loan account has disappeared from my bank also.

Malas nak chase. Maybe one day they will just send me letter or something.
blackamikaze
post May 18 2024, 03:06 PM

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Now everything already link with jpj. No need to do anything. 6 years ago i finish my loan with ambank. No letter what so ever. Then i sell my car without a problem. Easy peasy
Lembu Goreng
post May 18 2024, 03:56 PM

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So many people are outdated here

No letter issued already, which also means no letter is ever going to be posted to you (so if you wait, you wait in vain).

Its now ebatal, ie its linked to JPJ online system

No need to do anything except maybe ask your bank if they have done the ebatal already or not

This post has been edited by Lembu Goreng: May 18 2024, 04:15 PM
Human Nature
post May 18 2024, 04:28 PM

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QUOTE(Lembu Goreng @ May 18 2024, 03:56 PM)
So many people are outdated here

No letter issued already, which also means no letter is ever going to be posted to you (so if you wait, you wait in vain).

Its now ebatal, ie its linked to JPJ online system

No need to do anything except maybe ask your bank if they have done the ebatal already or not
*
So I assume when ask the bank, the bank will give a black and white confirmation? not just verbal
Lembu Goreng
post May 18 2024, 04:46 PM

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QUOTE(Human Nature @ May 18 2024, 04:28 PM)
So I assume when ask the bank, the bank will give a black and white confirmation? not just verbal
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No letter means no pieces of paper, which means no black and white

wigneswr
post May 19 2024, 10:35 AM

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QUOTE(Zoo Howl @ May 18 2024, 02:01 PM)
Wow so long already never receive. U never chase them for it?
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No I didn't.
Car grant with me. Only my name on it.
The loan details all disappeared from my banking app.
Maybe a few months time revisit the matter.

ClessRV
post May 19 2024, 11:07 AM

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I only got a receipt from maybank when I paid off the car loan, thats the only black and white i got from the bank

then went to jpj to batal the hak milik in geran, but that was 10 years ago, I assume now will be much simpler? just paid online then all settle, jpj also can inform online jg?
mushigen
post May 19 2024, 11:14 AM

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QUOTE(ClessRV @ May 19 2024, 11:07 AM)
I only got a receipt from maybank when I paid off the car loan, thats the only black and white i got from the bank

then went to jpj to batal the hak milik in geran, but that was 10 years ago, I assume now will be much simpler? just paid online then all settle, jpj also can inform online jg?
*
Banks should do the e-batal thing over at their end. Borrowers don't have to do anything as per my experience few years back.
ClessRV
post May 19 2024, 11:22 AM

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QUOTE(mushigen @ May 19 2024, 11:14 AM)
Banks should do the e-batal thing over at their end. Borrowers don't have to do anything as per my experience few years back.
*
Didn't know that, during that time not that "online", and the car was in Semenanjung and the bank was in Sabah, so I just did everything manually, since the place I'm at quite relaxed, usually not many people at gov counter like jpj or even banks.
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post May 19 2024, 12:26 PM

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Mined even better. Only wasap informal reply all cleared. Agrobank
John Chaser
post Jun 7 2024, 10:44 AM

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QUOTE(danieln @ May 18 2024, 10:55 AM)
PBB now not giving any letter

ask you make last payment over counter and they will print 'loan payoff' on the slip and that's it
*
Late bump.

For PBB / Public Bank, did they ask you to pay extra for the slip? Like Rm100 service charge?
danieln
post Jun 7 2024, 03:37 PM

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QUOTE(John Chaser @ Jun 7 2024, 10:44 AM)
Late bump.

For PBB / Public Bank, did they ask you to pay extra for the slip? Like Rm100 service charge?
*
nope. that's just a normal over the counter slip that you use always LOL
hksgmy
post Jun 7 2024, 07:44 PM

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QUOTE(danieln @ May 18 2024, 10:55 AM)
PBB now not giving any letter

ask you make last payment over counter and they will print 'loan payoff' on the slip and that's it
*
So inconvenient….
delphine.88
post Jun 7 2024, 10:32 PM

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QUOTE(John Chaser @ Jun 7 2024, 10:44 AM)
Late bump.

For PBB / Public Bank, did they ask you to pay extra for the slip? Like Rm100 service charge?
*
Yes, I was charged around that figure to get the clearance letter. Wtf
John Chaser
post Jun 7 2024, 10:47 PM

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QUOTE(delphine.88 @ Jun 7 2024, 10:32 PM)
Yes, I was charged around that figure to get the clearance letter. Wtf
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Omg.
Did you ask them to waive the fees? Or was given an option to not pay the rm100?
TSZoo Howl
post Jun 7 2024, 11:21 PM

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QUOTE(delphine.88 @ Jun 7 2024, 10:32 PM)
Yes, I was charged around that figure to get the clearance letter. Wtf
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If dont want clearance letter can? The loan account in the app can checked that its gone means fully paid
hksgmy
post Jun 8 2024, 12:47 AM

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QUOTE(delphine.88 @ Jun 7 2024, 10:32 PM)
Yes, I was charged around that figure to get the clearance letter. Wtf
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That’s daylight robbery… gosh…
hksgmy
post Jun 8 2024, 12:48 AM

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QUOTE(Zoo Howl @ Jun 7 2024, 11:21 PM)
If dont want clearance letter can? The loan account in the app can checked that its gone means fully paid
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Yes. Take a screenshot for reference.
delphine.88
post Jun 8 2024, 01:38 AM

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QUOTE(John Chaser @ Jun 7 2024, 10:47 PM)
Omg.
Did you ask them to waive the fees? Or was given an option to not pay the rm100?
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I did ask but they said need to pay.

QUOTE(Zoo Howl @ Jun 7 2024, 11:21 PM)
If dont want clearance letter can? The loan account in the app can checked that its gone means fully paid
*
Can gua. That letter seems useless to me. I didnt even go to jpj to update my car info. Now that letter dunno at where already

QUOTE(hksgmy @ Jun 8 2024, 12:47 AM)
That’s daylight robbery… gosh…
*

Ikr
John Chaser
post Jul 1 2024, 06:15 PM

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Managed to settle my final payment today.
Processing fee around RM125. Have to pay it to get car grant and to ensure the status is "paid off" in the loan. The clerk said don't need to go to JPJ to perform the "e-batal". It will be updated on JPJ's system online.

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post Jul 1 2024, 06:18 PM

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just go to the branch where your loan is maintained to retrieve the car registration card. they will do release online immediately there and give the card back to you.
Lembu Goreng
post Jul 1 2024, 07:01 PM

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QUOTE(Zoo Howl @ Jun 7 2024, 11:21 PM)
If dont want clearance letter can? The loan account in the app can checked that its gone means fully paid
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Of course can

So many replies earlier already stated clearance letter is no longer needed

jepakazoid_82
post May 5 2025, 08:39 PM

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Hi. So last payment for maybank can just pay online ke or need to go auto finance branch?
RT8081
post May 5 2025, 08:42 PM

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QUOTE(Zoo Howl @ May 18 2024, 10:34 AM)
I have finish paying for my car with maybank, will there be any release letter given? I contacted the home branch, they told me it is not their duty, HQ will mail it to my home but will take 1 month time. Has anyone experience this before?
*
Just visit JPJ to do ebatal. Now already integrated
GTA5
post May 5 2025, 09:48 PM

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QUOTE(jepakazoid_82 @ May 5 2025, 08:39 PM)
Hi. So last payment for maybank can just pay online ke or need to go auto finance branch?
*
I can answer since I am also a ex-Maybank car loan customer

Just pay off your last balance online

Go branch and collect your geran

Congrats now can get a new car loan biggrin.gif
Dyson Jin
post May 6 2025, 12:37 AM

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ayam finished rhb car loan last year,no letter given,just the last payment slip je..check ccris..ok loan gone dy..
Stigonboard
post May 6 2025, 08:23 AM

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No release letter anymore nowadays

Everything linked to JpJ so banks will just submit the loan finish remark to them

 

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