KUALA LUMPUR: Finance Minister Tengku Datuk Seri Zafrul Aziz has suggested that accrued interest or profit imposed by financial institutions on hire purchase customers be waived during the six-month moratorium period.
He said there were banks that offered the loan moratorium without charging accrued interest or compounded interest on the loans.
Already a subscriber? Log in.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!