![Moratorium: Borrowers need to inform banks on consent - Tengku Zafrul Moratorium: Borrowers need to inform banks on consent - Tengku Zafrul](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/http://img.astroawani.com/2020-05/81588926552_TengkuZafrul.jpg)
Moratorium: Borrowers need to inform banks on consent - Tengku Zafrul
Although the moratorium is automatic starting April 1, the borrowers' consent is still legally required.
Fri May 08 2020
![No additional charges to be imposed on repayments for hire-purchase loans - MOF No additional charges to be imposed on repayments for hire-purchase loans - MOF](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/http://img.astroawani.com/2020-04/41587718446_TengkuZafrul.jpg)
No additional charges to be imposed on repayments for hire-purchase loans - MOF
No additional interest/profit charges will be imposed on borrowers with conventional hire-purchase loans or Islamic fixed-rate financing during the six-month moratorium period.
Wed May 06 2020