In line with Bank Negara Malaysia's recent reduction of the benchmark Overnight Policy Rate and the reduction of the Bank's base lending rate (BLR), we are pleased to inform you that the Bank has reduced the monthly loan repayment instalments for facilities with interest rates pegged to the relevant BLR. The reduction in monthly repayments is aimed at assisting borrowers particularly in the current challenging environment.
In this regard, Maybank is pleased to announce that the bank has revised your monthly loan repayment instalment with effect from 23 March 2009. The new instalment will take effect on the next repayment date, i.e., 1 April 2009. Customers with loan account(s) pegged to the BLR will receive a notice from the Bank detailing the adjusted repayment amount.
Source: http://www.maybank2u.com.my/
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