I found out that latest refinance package offer from EON bank is BLR-1.6% x 1st 8 years, then BLR-2.4%. Lock in is 8 years, penalty is 5% of initial loan amount. BUT best thing is with this package, they pay your penalty for the refinancing within lock in period (up to 3%) and zero-entry...ie pay your documentation fees(loan lawyers etc) too. Apparently this promotion is valid till end December 2008. So far, no other banks can beat this in Malaysia.


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minolta