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Help is here! Application for six-month moratorium starts 7 July 2021
7 Jul 2021
4 Min Read

The six-month moratorium for all individuals, microenterprises and affected small and medium-enterprises (SMEs) begins on Wednesday, 7 July 2021, according to Bank Negara Malaysia

Opting in for the moratorium or any other repayment packages will be easy with no supporting documentation needed from borrowers. Approval will be given automatically. 

 

Bank Negara said on Tuesday this moratorium was in line with the National People’s Well-Being and Economic Recovery Package (Pemulih).“In addition to the moratorium, banks will also offer a reduction in instalments and other packages, including to reschedule and restructure financing to suit the specific financial circumstances of borrowers, ” it said in a statement.

 

You can opt in online through a web form or an auto-generated email that will be available on banks’ websites to provide their personal and financing details.


Head on to any of the links below for more info.
 

 

  1. Moratorium Maybank
  2. Moratorium Bank Rakyat
  3. Moratorium Bank Islam
  4. Moratorium CIMB
  5. Moratorium BSN
  6. Moratorium Public Bank
  7. Moratorium Ambank
  8. Moratorium RHB
  9. Moratorium Affin Bank
  10. Moratorium MBSB
  11. Moratorium Bank Muamalat
  12. Moratorium Kuwait Bank
  13. Moratorium CitiBank
  14. Moratorium Alliance Bank
  15. Moratorium AgroBank
  16. Moratorium Hong Leong Bank
  17. Moratorium SME Bank
  18. Moratorium Standard Chartered Bank

 

Source: The Star & Twitter

 

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