Loan / Financing Reschedule and Restructure Application

My business is affected by the movement restrictions and I have difficulties meeting my repayment obligations;

My company is not wound up or subject to an existing winding up petition/notice;

My loan/ financing is presently not under rehabilitation with Credit Counselling and Debt Management Agency (AKPK) or Small Debt Resolution Scheme (SDRS)

I declare that I am the duly authorised/empowered director/ partner/sole-proprietor to request for opt-in of the above plans; and

Normal interest/profit will continue to be charged during the deferment period;

I have the option to engage the Bank to revise the monthly repayment/payment amount and/or schedule if my financials improve to reduce overall financing/borrowing costs;

I agree to furnish the Bank with additional information/supporting documents as may be required after my repayment assistance has been approved;

Where required, I need to sign relevant documents to complete the legal documentation, including those related to guarantors or joint accounts and/or variation agreements for Hire Purchase/ Industrial Hire Purchase/Fixed rate loan/financing;

The Bank reserves the right to modify/rescind the repayment assistance if I have found to have made false, misleading or incomplete representation in this application.

If I have missed my instalments that are due and unpaid by more than 90 days at the date of application, I agree for the bank to offer me a customised solution that is more suitable for my financial circumstances or to share my loan/financing details with AKPK / SDRC for further financial advice on managing my debt and allowing AKPK /SDRC to access my CCRIS information.

I declare that the information provided here is true and accurate

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Application for HLB / HLISB Payment Relief Assistance Plan

Please complete this form to apply.

* Registered Company Name

* Applicant Mobile Phone number

* Applicant Full name as per NRIC / Passport

* Company Registration Number

* Email

* Applicant NRIC / Passport number

* Loan / Financing Account No (1) e.g. 00xxxxxxxxx

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