How to obtain the 6-month moratorium?

Malaysia's Loan Repayment Assistance Program: Your Guide to Financial Relief

Streamlined Application Process for Borrowers

Banks recognise the continued challenges faced by borrowers in the current environment, and Malaysia's financial institutions continue to offer comprehensive loan repayment assistance programs to help individuals and businesses navigate economic uncertainties.

Key Highlights:

• Automatic Approval System: Eligible borrowers can receive confirmation within 5 days for individual borrowers and 14 days for SME borrowers
• No Documentation Hassle: Minimal paperwork required for qualified applicants
• Flexible Application Methods: Choose from web form, email, or phone call applications

Three Convenient Ways to Apply for Your 6-Month Moratorium

1. Online Web Form Application (5 Simple Steps)

1. Visit your bank's official website
2. Click on the designated web form
3. Fill in your personal and financing details
4. Accept the terms of the repayment assistance program
5. Submit your application - banks will acknowledge receipt immediately

2. Email Application Process (5 Steps)

1. Go to your bank's website
2. Click on the provided email link
3. Complete your personal and financing information
4. Agree to the repayment assistance terms
5. Send your application and receive bank confirmation

3. Phone Call Support (2 Easy Steps)

1. Contact your bank's customer service center
2. A trained operator will guide you through the entire process

Special Note for SMEs: Online self-declaration is required for small and medium enterprise applications.

Eligibility Requirements Made Simple

To qualify for automatic approval, borrowers must meet these straightforward criteria:

• No missed installments for more than 90 days
• Not subject to bankruptcy proceedings
• Not in the process of business winding up

Six-month loan moratorium is available to all individuals (B40, M40, and T20), microenterprises, and affected SMEs, ensuring broad accessibility across all income groups.

Beyond Standard Moratorium: Customized Financial Solutions

Customised assistance (e.g. reduced instalments) to suit individual's financial needs and circumstances is also available. This means banks are willing to work with borrowers to create tailored repayment plans that fit specific financial situations.

Why Choose Professional Financial Consultation?

At RWC Global Consultancy Sdn Bhd, we understand that navigating loan assistance programs can be complex.

Our expert team provides:

• Personalized Assessment: We evaluate your specific financial situation
• Application Support: Guidance through the entire application process
• Documentation Assistance: Help with paperwork and requirements
• Strategic Planning: Long-term financial planning beyond immediate relief