Business

Public Bank offers flood relief assistance to customers

Bank says this includes deferment of monthly instalments for loan and financing of up to six months on a request basis

Updated 5 years ago · Published on 11 Jan 2021 11:15PM

Public Bank offers flood relief assistance to customers
Public Bank is also waiving charges on the replacement of banking-related documents, such as bank cards, passbooks, and cheque books that have been destroyed or lost in the floods. – File pic, January 11, 2021

KUALA LUMPUR – Public Bank Bhd has joined other financial services providers in offering loan and financing relief assistance for customers who have been affected by the recent floods in several states.

In a statement today, the bank said this includes deferment of monthly instalments for loan and financing of up to six months on a request basis, and it is applicable to loan and financing facilities such as house financing, hire purchase and credit cards for individual customers, as well as small and medium enterprise (SME) loan and financing.

Public Bank is also waiving charges on the replacement of banking-related documents, such as bank cards, passbooks, and cheque books that have been destroyed or lost in the floods.

It is also collaborating with Lonpac Insurance Bhd in facilitating and expediting claims on losses covered by policies underwritten by the insurance company.

Managing director Tan Sri Tay Ah Lek said Public Bank stands ready to support customers who have been affected by the massive floods.

“The repayment relief would alleviate their financial burden and help in restoring their livelihoods,” he said.

Customers who require repayment relief assistance are urged to visit the nearest Public Bank branch or contact the bank’s toll-free number at 1800-22-5555.

For insurance claims-related matters, affected customers can contact Lonpac at 03-2262-8688. – Bernama, January 11, 2021

Related News

Malaysia / 3mth

PJ MP slammed for ‘media statements without solutions’

Malaysia / 3mth

Heavy rains trigger flash floods in several locations around the Klang Valley (video)

Malaysia / 3mth

Jalan Kuchai Lama hit by floods again after four years (video)

Malaysia / 8mth

Hatyai floods: Over 1,000 Malaysian vehicles stranded, submerged in hotel underground parking

Malaysia / 8mth

1,248 Malaysians in Southern Thailand have been rescued as of 4pm

Malaysia / 8mth

Hatyai floods: At least another 10 days for waters to recede, says expert

Spotlight

Malaysia

RM245m Penang Hill cable car project 32 per cent complete - CM

By Ian McIntyre

Malaysia

Six locals charged over alleged kidnapping of Singaporean couple in Johor

Malaysia

PM: No political, racial or religious shield for those found guilty in TH, Felda probes

Malaysia

Singapore security guard jailed 14 days, fined RM7,000 for insulting Islam

Health

Dengue cases soar 56% to 58,079 as nation records 55 deaths

Malaysia

NGOs urge BERSAMA to put Indian community agenda on political radar

By Alfian Z.M. Tahir

Health

MOH warns seniors against unproven hydrogen inhalers

Malaysia

Former Tabung Haji CEO remanded seven days as MACC RCI probe deepens

Malaysia

21 held in KLIA-Nilai crackdown on alleged online love scam syndicate

You may be interested

Business

Oil prices surge as US-Iran standoff, Ukraine strikes rattle global energy markets

Business

Tey Por Yee and four others ordered to pay RM103.75m in SC civil suit

Business

FMM urges input tax credits as government reviews GST features for SST

Business

Robo.ai expects shareholders’ equity to turn positive after restructuring

By Alfian Z.M. Tahir

Business

Independent review needed, not blind denial, to address US claims – maritime expert