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 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