Request to Retain Original Monthly Instalment Amount
Request to Retain Original Monthly Instalment Amount Upon Increased of Base Rate (BR)/ Base Lending Rate (BLR)/ Base Financing Rate (BFR)/ Standardised Base Rate (SBR) Effective 7 November 2022
- (A)
- ELIGIBLE CRITERIA
- Available to all individuals(s) and all business customers.
(exclude credit-impaired and bankrupt/wound-up)
- Performing Loans/Financing less than 90 days past due at point of application.
- (B)
- REQUEST FORM
Should customers wish to retain the original monthly instalment amount, customers are to submit request using Standard Manual Application Form as below:
Please print and email your completed request form to ccs@publicbank.com.my or send the hard copy completed form to your account holding Branch.
Note:
The request to retain original monthly instalment amount will result in higher overall financial cost at prevailing contracted interest/profit/rental rate at the point of application due to re-amortized/extended loan/financing.
- (C)
- STANDARD TURNAROUND TIME
A decision on your request shall be reverted to you via email within standard turnaround time as follows upon receipt of your request with full information
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Individual(s)
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7 calendar days
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Business
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14 calendar days
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