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Digital Banking with CIMB

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 customers booked until May 15, 2020.
  • Loan customers can choose an alternative option by sending an email to relief@cimb.com. Deadline for enrollment is shown below according to customer’s loan booking date:
    • Loans booked from May 2019 to April 15, 2020: on or before April 29, 2020.
    • Loans booked from April 16, 2020 to May 15, 2020: on or before May 27, 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

Frequently Asked Questions

Change The Way You Bank

Download the CIMB Bank PH app for 24/7 safe and secure digital mobile banking experience.