The Minimum Loan Repayment rate has been decreased to
Year 2020-2021
min. payment 5%
Year 2022
min. payment 8%
Year 2023
min. payment 10%
The minimum payment amount will be automatically adjusted in your bill, from April 2020 onwards. You do not need to contact TMRW.
You can also request for the following:
Defer the principal and interest payments for 3 cycles
Convert your outstanding balance* into an installment plan of up to 48 months
(For direct impacted customers as per the Bank criteria, interest rate will be adjusted to 12%)
*Excluding installment transaction occurred before joining this programme
Customers are able to register this Financial Assistance Program from now till 30 June 2020 through:
Do I have to close the TMRW CashPlus account if there are no outstanding loans?
No, you don't. There is no need to close the TMRW CashPlus account even if you have no outstanding loans. TMRW CashPlus account is your standby line of cash whenever you need it. There is also no additional payment to maintain this account.