Sunday, January 13, 2013

Applicants Can Raise Loans From Other Financial Institutions (Bank Rakyat)

IPOH, Jan 12 (Bernama) -- Applicants for the Skim Rumah Mesra Rakyat under the auspices of Syarikat Perumahan Nasional Bhd (SPNB) can obtain loans from CIMB Bank, Bank Islam Malaysia Bhd, Malayan Banking Bhd and Bank Rakyat Bhd beginning this year.

Source from (Bernama): http://www.bernama.com/bernama/v6/newsbusiness.php?id=921189
Published: January 13, 2013

Chairman Datuk Idris Haron said the application process for the scheme would differ as the terms and conditions for application was set by SPNB and the commercial banks.

"He said banks and SPNB would decide on an applicant's eligibility and one's financial standing should be better than before when the scheme was handled by SPNB," he told reporters at an SPNB event.

Idris said those blacklisted under the Credit Tip-Off Service Sdn Bhd (CTOS) and the Central Credit Reference Information System (CCRIS) would not be eligible for any loan.

"Banks will only grant loans to a blacklisted applicant after he clears his status with CTOS and CCRIS. If a bank grants loans to blacklisted applicants, they are flouting Bank Negara's regulation," he added.

-- BERNAMA

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