KUALA LUMPUR: In addition to the moratorium, Malayan Banking Bhd (Maybank) is also offering an additional Repayment Assistance (RA) option of a 50% reduction in monthly instalments for 6 months for customers who prefer to have this alternative. In a statement, Maybank said the moratorium/ RA plan is available for customers to request effective July 7. Maybank customers may request for the moratorium/RA wia the Maybank2u Covid-19 Repayment Assistance page at www.maybank2u.com.my/covid19 or request online via Maybank2u (available from July 20). “Approval will be given automatically to all customers in the above categories and Maybank has designed the process to be hassle-free with no supporting documentation requested upfront for approval purposes, ” Maybank said. Maybank also reminded customers to be wary of scammers and only opt in for this moratorium/RA through official bank channels.
