Saturday, September 6, 2025
  • Hype
  • Murai
  • Lipstiq
  • Miss Murai
  • Varnam
  • Moviedash
  • Autofreaks
Lowyat.NET
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Compu-zoneUpdated
    • ViewnetUpdated
    • Sri ComputersUpdated
    • StartecUpdated
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables
No Result
View All Result
Lowyat.NET
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Compu-zoneUpdated
    • ViewnetUpdated
    • Sri ComputersUpdated
    • StartecUpdated
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables
No Result
View All Result
Lowyat.NET
No Result
View All Result
Home News

Banks To Offer Loan Deferment For Up To 6 Months Starting From 1 April 2020

by Chief Chapree
March 25, 2020
Bank Negara Malaysia BNM digital banks

Photo: BNM

258
SHARES
Share on FacebookShare on Twitter

Prime Minister Muhyiddin Yassin together with Bank Negara Malaysia today has officially announced that banking institutions in Malaysia will be offering deferment for loans and financial repayments to individuals and small medium enterprises.

This move is taken in response to the COVID-19 outbreak which not only have impact on the nation’s economy but also the livelihood of the Rakyat. According to the announcement, the deferment will be offered by banking institutions starting from 1 April 2020 and will last for six months.

BNM further stated that the deferment offer is valid for performing loans in Ringgit Malaysia that are not in arrears for more than 90 days as of 1 April 2020. For credit card, customers can convert their balance into 3-year term loan with lower interest rates.

However, BNM has pointed out that the loan or repayment interest will continue to take place despite the deferment offer. So, it is wise to discuss with your banks first before taking up the offer and of course, we would like to remind you to also keep on exercising good hygiene as well as staying safe and healthy throughout the on-going COVID-19 pandemic.

(Source: Prime Minister Office // Bank Negara Malaysia.)

Filed Under bank negara malaysiaCOVID-19
Updated 10:52 am, Wed, 25 March 20
http://lowy.at/kcjWg
Share103Tweet65SendShare

Follow us on Instagram, Facebook, Twitter or Telegram for more updates and breaking news. 

No Result
View All Result

TRENDING THIS WEEK

  1. 1
    Transportation

    East Klang Valley Expressway (EKVE) Opens; Toll-Free Travel Until 29 September 2025

  2. 2
    Automotive

    BYD Teases New EV For Malaysian Market

  3. 3
    News

    Xiaomi Recalls 33W Power Bank 20,000mAh In Malaysia

  4. 4
    Hardware

    Microsoft Says SSD Failures Not Linked To Windows Updates

  5. 5
    Mobile Phones

    Sony Explains Manufacturing Issues Of The Xperia 1 VII

NETWORK

  • Hype
  • Murai
  • Lipstiq
  • Miss Murai
  • Varnam
  • Moviedash
  • Autofreaks

ABOUT

  • Advertise
  • Careers
  • Privacy Statement
  • Contact Us
  • Editorial Policy
  • Terms & Conditions

©2025 VIJANDREN RAMADASS. ALL RIGHTS RESERVED.

No Result
View All Result
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Compu-zone
    • Viewnet
    • Sri Computers
    • Startec
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables

©2025 VIJANDREN RAMADASS. ALL RIGHTS RESERVED.

No Result
View All Result
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Compu-zone
    • Viewnet
    • Sri Computers
    • Startec
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables

©2025 VIJANDREN RAMADASS. ALL RIGHTS RESERVED.