BNM reduced OPR by 25bps from 3.00% to 2.75% on 9 July 2025.

Banks, including RHB, announced reduction in their interest rates on 10-11 July 2025.

By 12 July 2025, when I checked my account, the housing loan interest rate was correctly reflected as 0.25% lower than before.

My repayment is on every 5th of the month. So for my 5 Aug 2025 repayment, I still paid the usual amount since the cycle was still based on the older rate.

However, it shows that my next payment due on 5 Sep 2025 is also still unchanged. Shouldn't it have already been changed by now to reflect the lower interest rate (that has been captured in their system)?

Can anyone share how this works?

This post has been edited by contestchris: Aug 6 2025, 11:19 PM

No, the interest rate is adjusted. Only the repayment amount is not adjusted immediately