IIBM’S COVID-19 FINANCIAL RELIEF MEASURES/MORATORIUM

 

Notice to the Customers

6th July 2021

IIBM’s Repayment Assistance for SMEs

Dear Esteemed Customers,

In line with the recent announcement made by the Prime Minister on 28th June 2021 and the BNM directives to achieve the intended objective of providing assistance to Small Medium Enterprises (SMEs) that have been affected by the ongoing Covid-19 pandemic, we at India International Bank (Malaysia) Berhad (IIBM) are pleased to inform that the following repayment assistance options are made available starting from 7th July 2021 onwards: -

  1. Six (6) months deferment of installments; or
  2. 50% reduction of installments for six (6) months.

Please take note that the said repayment assistance will not have negative impact on your CCRIS report.  As such, please download and complete the following attached Repayment Assistance Application Form to indicate your preference on the said repayment assistance. Kindly submit the said completed application form to our bank by email to sumit[[@]]iibm.com.my and credit.admin[[@]]iibm.com.my for approval. Physical visitation to our bank on this matter is not required and this is to ensure to comply with the latest SOPs on Movement Control Order.

On the other hand, we would like to request our customers, who are having credit facilities with our bank and experiencing financial constraints due to Covid-19 pandemic to approach us for their requirements. We are willing to work with our customers to help understand, support and to relieve their financial difficulties.

For more information and enquiries, please contact the following officers: -

  1. Mr Sumit Tak at 03-2026 1767 (Ext-200); email ID: sumit[[@]]iibm.com.my.
  2. Ms Alice Cheong at 03-2026 1767 (Ext-112); email ID: credit.admin[[@]]iibm.com.my