Rates, Fees and Charges
How would my interest charge be
impacted in the event of late payment?
In the event of late repayment, a penalty interest of 8.0% per annum, would be charged in addition to the regular interest, calculated on a daily basis from the date your Issued Note turn overdue to the date of full settlement, However, if you settle the arrears within grace period of 7 calendar days, the penalty interest will be waived.
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