RHB personal loan defaulted for 2 months. Will my savings account be frozen and how soon?

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asked on Aug 4, 2017 at 14:03
edited on Sep 7, 2017 at 06:27
I have RHB Easy Personal Loan worth RM30,000. I have just changed to a lower salary job therefore I defaulted 2 months in payment. Will the bank freeze my other savings account? Can I be bankrupted due to this 2 months default payment? How long will it take for the bank to freeze my other savings account?
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answered on Aug 4, 2017 at 14:42
edited Sep 7, 2017 at 06:50
Answers to your questions:
1. Is the other accounts with RHB too?
2. Make one month payment now. Once it hit 3 months on their records, problems arises. RHB can freeze your savings account anytime if the same bank only.
3. The bankruptcy, if any, may take 18 months or even years. There are a string of legal process to go thru LEGALLY. Unless the bank lawyers take shortcut illegally.
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answered on Aug 4, 2017 at 14:57
edited Sep 7, 2017 at 07:29
Thanks. I don't have any RHB saving account. I will make 1 month payment on 20th this month because my salary will be on 15th every month and allowance will be on 20th. I am having Maybank as my salary bank. Will they block my Maybank account within this short period of time.

Is it if I delay payment for 3 months it will be immediately blocked? I am worried now? Can I pay few hundreds to show I am still paying?
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