Hong Leong Housing Loan Moratorium



Rhb banking group will hold loan and financing payment assistance clinics for customers who require further assistance with their loan and financing repayments as the six month.

Hong leong housing loan moratorium. Hong leong bank and hong leong islamic bank. Hong leong bank bhd s hong leong bank cash forgone due to the loan moratorium will be immaterial analysts opine as the bank s liquidity is at approximately 85 per cent with. Hong leong bank bhd and hong leong islamic bank will not be compounding interest and profit rates for deferred payments during the six month moratorium.

We will temporarily stop standing instructions si for payments repayments from your hlb hlisb current account current account i savings account savings account i. Accordingly hong leong bank hlb has drawn up a payment relief assistance plan to support their customers who. Starting 1 april 2020 hlb and hlisb has introduced a six month moratorium of repayment payment for eligible loans financing.

The sun daily following prime minister tan sri muhyiddin yassin s announcement last week of providing targeted bank assistance once the current six month moratorium ends on 30 september malaysian banks have begun preparing to offer the required aid to eligible customers. Rhb banking group will hold loan and financing payment assistance clinics for customers who require further assistance with their loan and financing repayments as the six month moratorium period comes to an end on sept 30. In addition there will be no late payment and or compensation charges and penalties during the period said hong leong bank on its website.

Meanwhile hong leong bank and hong leong islamic bank will also hold advisory and assistance days for post moratorium assistance and enquiries. Existing loan financing deferment program for individuals and smes launched on 1st april 2020 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. Fixed deposit instructions form savings account instruction form hdb home loan application form private property home loan application sme property loan sme working capital loan application form business current account application forms online callback form online feedback form.

You can now find answers to your questions on hong leong finance personal or sme loans and deposits at your convenience with contact numbers to reach our customer service centre right at your fingertips. In a statement the bank said the clinics will be held on sept 19 and sept 26 at more than 100 selected rhb bank branches nationwide.