Date of Digital Application: 22062021

(No duplicate submission allowed)


Request for Further Financial Assistance with COVID-19 Reduced Repayment Assistance for Credit Card customers who had earlier converted their card outstanding into term loan assistance package due to COVID-19 Outbreak (application per card account).

1.0 Customer Request Details
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Request for Additional Financial Assistance for Individuals who have suffered a drop in salary / income due to COVID-19 Pandemic (Self-declared with no income documents required). Please tick (✓) one option whichever is applicable. *
X : Percentage of Income/Salary Reduced Due To Covid-19 Pandemic

Option 1:

X ≥ 50%

OR
i)
To pay 25% of the original term loan/financing monthly repayment amount
ii)
To pay 25% of the original term loan/financing monthly interest/management fee repayment amount.
iii)
To pay 5% of the billed amount of other transactions.
Original    Revised
e.g. Monthly term loan / financing repayment RM 450.00 RM 112.50
Monthly term loan / financing interest / management fee repayment RM 230.00 RM 57.50
Non Term Loan/financing balance (RM3,000) X 5% RM 150.00 RM 150.00
Minimum Payable RM 830.00 RM 320.00
iv)
To pay the highlighted amount for the next six (6) months.
v)
To resume payment of the existing monthly repayment under the term loan/financing conversion upon expiry of this program.
vi)
To extend the term loan/financing tenure accordingly with compounding interest/profit at prevailing finance charge/management fee rate.

Option 2:

25% ≤ X < 50%

OR
i)
To pay 50% of the original term loan/financing monthly repayment amount
ii)
To pay 50% of the original term loan/financing monthly interest/management fee repayment amount.
iii)
To pay 5% of the billed amount of other transactions.
Original    Revised
e.g. Monthly term loan/financing repayment RM 450.00 RM 225.00
Monthly term loan/financing interest/management fee repayment RM 230.00 RM 115.00
Non Term Loan/financing balance (RM3,000) X 5% RM 150.00 RM 150.00
Minimum Payable RM 830.00 RM 490.00
iv)
To pay the highlighted amount for the next six (6) months.
v)
To resume payment of the existing monthly repayment under the term loan/financing conversion upon expiry of this program.
vi)
To extend the term loan/financing tenure accordingly with compounding interest/profit at prevailing finance charge/management fee rate.

Option 3:

X < 25%

i)
To pay 75% of the original term loan/financing monthly repayment amount
ii)
To pay 75% of the original term loan/financing monthly interest/management fee repayment amount.
iii)
To pay 5% of the billed amount of other transactions.
Original    Revised
e.g. Monthly term loan/financing repayment RM 450.00 RM 337.50
Monthly term loan/financing interest/management fee repayment RM 230.00 RM 172.50
Non Term Loan/financing balance (RM3,000) X 5% RM 150.00 RM 150.00
Minimum Payable RM 830.00 RM 660.00
iv)
To pay the highlighted amount for the next six (6) months.
v)
To resume payment of the existing monthly repayment under the term loan/financing conversion upon expiry of this program.
vi)
To extend the term loan/financing tenure accordingly with compounding interest/profit at prevailing finance charge/management fee rate.
2.0 Customer’s Acknowledgement on Complete Applications / Responses Requirements for Targeted Repayment Assistance (TRA) with PBB / PIBB *
a) This is an acknowledgement of receipt of your application by the Bank upon receiving this submission of complete application.
b) A decision on your application will be reverted to you within standard turnaround time of 5 calendar days upon receipt of your application with full information required by PBB/PIBB.
c) In cases where you fail to respond to information/documentation requests within 5 calendar days per item (b) above despite efforts by the Bank Institution to follow up with you, your application is deemed immaterialized. You may submit fresh application henceforth.
d) For rejected applications, you may refer to the Agensi Kaunseling Dan Pengurusan Kredit (AKPK) should you need any financial counselling toward repayment of your credit card debt. AKPK has been established by Bank Negara Malaysia to provide free services on money management, credit counselling, financial education and debt restructuring for individuals. For enquiry, please call 03-2616 7766.
I hereby acknowledge that I have read, understand, and agree to ALL the above terms and conditions relating to the applications / requirements for Targeted Repayment Assistance (TRA) with PBB/PIBB.


3.0 Declarations





Let us know if you require further assistance. Kindly contact PB Card Services at email pbcardcrcontrol@publicbank.com.my or call 03-2176 8000