KUALA LUMPUR: RHB Banking Group has provided its customers with moratorium assistance through the Pakej Perlindungan Rakyat dan Pemulihan Ekonomi (Pemulih) package.
According to the bank, customers will have the option of deferring instalments on loan/financing facilities for six months or a 50 per cent reduction in instalments for six months in accordance with Pemulih.
“The Pemulih repayment/payment assistance programme is open to all individual borrowers, including those in the B40, M40, and T20 categories, as well as microenterprises and small and medium-sized enterprises (SME) affected by the Covid-19 pandemic,” the statement stated.
According to RHB, this package is applicable to loan/financing facilities approved prior to July 1, 2021, that are not more than 90 days delinquent on the date the application is submitted.
Applications are processed without the requirement of any supporting documents.
Customers who are interested in applying need only to complete the RHB e-Form available on RHB’s corporate website or respond to two-way SMS messages.
Group managing director and chief executive officer Khairussaleh Ramli said the bank will continue to assist customers affected by the pandemic through the Pemulih repayment/payment assistance programme.
According to him, all applications will be approved automatically without the need for customers to submit any supporting documentation.
“This is to ensure that customers who have been impacted receive assistance as soon as possible.
Customers may submit applications beginning July 7, 2021,” he said.
RHB had extended approximately RM34.4 billion in various forms of payment assistance to retail and small and medium enterprises (SME) customers as of June 30, 2021.
Since the start of the Covid-19 pandemic, this has benefited over 240,000 individuals and over 4,700 SME businesses.
Source: New Straits Times
