apasal partial payment need 2% penalty?

apa bank? And daruma uncle, can be more specific with your question?

can show us the agreement tat show the 2% penalty charge?so we can read through the details inside.thanks. i jus sign the offer letter from RHB..this matter make me worry lo..if got such penalty, this Rxb really bad..must tell others lo...make it name bad if got such clause..haha...

From my understanding, it should be locked for whoe tenure already.
Absolutely not normal and not a good deal at all. You cant reduce your principle at your wish.

The 2% will be charge when you paying extra to reduce the principle.
For example, you get a bonus RM10k and you want to dump in to reduce principle, they will charge you 2% of the RM10k in order for you to do so. So in this case you'll be charge for RM200 to reduce RM10k principle.

If you refinance or settle the loan in 6 years period start count from the 1st fully disburse date, you will be charge 3% of the loan outstanding amount OR RM10000 which ever higher.

This offer is not reasonable and i think you should ask them to change it. BLR-2% if not so special in today.

If you dont mind, pm me your loan amount and loan package you looking for. I try look for better deal for you.

Onn

Too bad for this then.
By the way what's you loan amount? just curious.

Poor dude, this is very damn stupid.

RHB is farkup recently, been rejecting most of my cases, and now... prepayment charges.

Have you signed all the Loan Agreement etc? IF not, you still can choose not to sign.