As the government announcement on BNM initiative for moratorium to ease finances during the COVID-19 difficult times period, the following table are a summary of the different banks moratorium terms.
Bank | Principal | Interest Conventional Loan | Interest Islamic Loan | Repayment After Moratorium | Under Construction |
Public Bank | No Need To Pay | Not Compounded | Not Compounded | Add 6 month | Need To Pay |
Maybank | No Need To Pay | Not Compounded | Not Compounded | Increase Instalment | Entitle Moratorium (Payback before full disbursement) |
Hong Leong Bank | No Need To Pay | Not Compounded | Not Compounded | Add 6 month | Need To Pay |
CIMB | No Need To Pay | Not Compounded | Not Compounded | Add 6 month | TBC |
RHB | No Need To Pay | Not Compounded | Not Compounded | Add 6 month | Entitle Moratorium |
OCBC | No Need To Pay | Not Compounded | Not Compounded | Add 6 month / Increase Instalment | Entitle Moratorium |
HSBC | No Need To Pay | Not Compounded | Not Compounded | Add 6 month / Increase Instalment | Entitle Moratorium |
UOB | No Need To Pay | Not Compounded | Not Compounded | Increase Instalment | Entitle Moratorium |
Affin | No Need To Pay | Not Compounded | Not Compounded | Add 6 month | Entitle Moratorium |
Ambank | No Need To Pay | Not Compounded | Not Compounded | Add 6 month | Entitle Moratorium |
Standard Chartered | No Need To Pay | Not Compounded | Not Compounded | Add 6 month / Increase Instalment | Entitle Moratorium |
Alliance Bank | No Need To Pay | Not Compounded | Not Compounded | Add 6 month / Increase Instalment | Entitle Moratorium |
MBSB | No Need To Pay | Compounded | Not Compounded | Increase Instalment | Entitle Moratorium |
Citibank | No Need To Pay | Compounded | N/A | Increase Instalment | Entitle Moratorium |
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