*Subject to postage/courier charges and/or Government Tax, if applicable
NOTICE: Reduction of Additional Profit Charged for accounts which are 100 days Overdue.
Please be informed that with effect from 1 May 2022, the additional profit charged for accounts which are overdue in payments by 100 days will be reduced as follows:-
* Effective Profit Rate = Contracted / Net profit rate e.g. IFR (current IFR is 6.64%) - 2.2%= 4.44%
** Islamic Financing Rate (IFR)