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
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- 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
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Should customers wish to retain the original monthly instalment amount, customers are to submit request using Standard Manual Application.
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
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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.
Type Turnaround Time Individual(s)
7 calendar days
Business
14 calendar days