Affin Bank Car Loan Deferment Form
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Affin bank car loan deferment form. Existing loan financing will automatically be eligible for the deferment package effective 1 april 2020. The deferment package is granted for 6 months. Below is a quick summary of the various options that customers have had since the rollout on 1 st april. Click here to download the application form.
6 12 24 or 36 months. On 1 st april 2020 hlb and hlisb introduced the hlb hlisb loan financing deferment program for eligible individuals and business sme customers whereby auto deferment of your monthly instalment payment obligations are offered for 6 months commencing 1 st april 2020 to 30 th september 2020. Contact centre 03 8230 2222. Your credit score will be affected if you re late or miss a single payment once you re back to your regular repayment schedule.
The bank can subsequently consider offer or advise a suitable solution. It won t affect your credit score. Up to 90 margin of finance. It is a temporary deferment or suspension of loan financing repayment obligation principal and interest for a limited period of time.
Pros of loan deferment. 2 what is the deferment package period. Credit cardholders who have already converted their card balances into a term loan financing can request for 6 months loan financing deferment. Up to 9 years tenure.
Loan financing repayment will resume after the deferment period. To apply please contact pb card services hunting line. If your repayment is prompt. Affin bank conventional hire purchase fast approval competitive rates comprehensive insurance and convenient of tax and insurance renewal online affin bank is your go to car financier.
Invest unit trust asnb. 3 can sme request for more than 6 months deferment. 03 2176 8222. Cons of loan deferment.
The moratorium part of bank negara s measures to help borrowers under strain due to the coronavirus outbreak will automatically apply to all ringgit denominated loans and financing not in. During this period borrowers customers with loan financing that meet the conditions do not need to make any repayment and no late payment charges or penalties will be imposed. Protect life general vehicle insurance. Fill in the form and send to.