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Benefits and Privileges

2 Month Payment Moratorium

You will not be obliged to pay for your monthly repayment amount for the months of May and June 2020. 

Accrue Interest Only

During the payment moratorium period, only interest will be accrued and will be due on July 1, 2020.

Same Monthly Repayment Amount

Once the moratorium period ends, your monthly repayment amount will remain the same.

Choose Alternative Moratorium Option

This is an alternative to the default payment term. As a result, your repayment amount due starting July 1, 2020 will increase as the interest accrued during the moratorium period will be divided by the number of months left in your loan tenure and added to your monthly dues. 

Remarks

  • The Payment Moratorium is open to all Personal Loan customer booked until May 15, 2020.
  • Loan customer can choose an alternative option by sending an email to relief@cimb.com before April 29, 2020
  • Loan details will change according to the payment moratorium guidelines. Please see Terms and Conditions and FAQs sheet for more details.

Terms and Conditions

Loan Payment Moratorium T&C

Frequently Asked Questions

Loan Payment Moratorium FAQs

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