Bank Islam offers loan moratorium for flood victims


BANK Islam Malaysia Berhad (“Bank Islam”) now offers up to six months moratorium for flood victims under Prihatin Programme.

The programme is aimed to ease flood victims’ financial burden, customers under the Bank Islam House Financing, Personal Financing and Vehicle Financing facilities.

Eligible customers can apply for a moratorium of up to six(6) months to pay their monthly commitment subject to the conditions set.

“Bank Islam is keeping abreast w ith the latest news on the flooding situation at all affected areas, and will be taking proactive actions in helping its affected customers,” Bank Islam CEO Mohd Muazzam Mohamed said in a statement today.

“We are aware of the difficulties experienced by our customers in dealing with the current situation, especially with the severe flood situation and the Covid-19 pandemic that is still plaguing the country. The wellbeing of the communities has always been one of Bank Islam’s main priorities,” he added.

“Therefore, we hope that this programme could help relieve their anxieties over their financial commitment during this difficult period.”

Customers may call the Bank Islam Contact Centre at 03 2690 0900 for any information on Bank Islam’s ‘Prihatin Programme’. Applications for the moratorium under this programme can be made at the nearest Bank Islam branches.