Advertisement

How long is the grace period for payment of my monthly home loan instalment?

Generally, the financial institution gives a grace period of 7-14 days for you to repay your instalment payment.

Any payment received after the grace period will be subjected to late payment charges.

Back to Housing Loan's Contents


Reprinted with permission from BankingInfo (A Consumer Education Programme by Bank Negara Malaysia)


Back to the top



Sponsored Links

Share this page

Notes
Knowledge Base ID :   1287
Last Reviewed :   May 22, 2014
Source :   BankingInfo
Tags :  

Related Knowledge Base Issues