Guide on Availing Maybank Loan Grace Period Via Online Notification to Bank
MAYBANK LOAN GRACE PERIOD – Here is a guide on notifying Maybank Philippines online to avail the 60-day grace period on loans.
Over 200 countries and territories are affected by the COVID-19 pandemic. One of these nations is the Philippines. Until now, community quarantine measures are still up in the country in the efforts to curb the spread of the coronavirus disease.
For several months now, a lot of businesses either have limited operation or in full operation but with no clients. Many businesses incurred only expenses with no income amid the COVID-19 crisis.
Some businesses that were not able to cope with the demands of the COVID-19 pandemic declared bankruptcy and closes. Unfortunately, the closure of businesses led to employees losing their jobs amid the crisis.
Sadly, some of these people who lost their main source of income have outstanding loans to pay. To help the people, the Bayanihan 2 or the Republic Act No. 11494 was passed and approved.
Under the said new law, loans are covered by a 60-day moratorium. Several banks were quick to announced their compliance to the new law.
One of the banks that were quick to adhere to the new law is Maybank Philippines. It offers a 60-day Maybank loan grace period to qualified clients who have an updated loan account.
According to the bank, the due dates covered by the said Maybank loan grace period are those that fall between September 15 to December 31. The said private bank will not automatically implement the moratorium on the existing loans. The client will have to notify the bank.
The notification to avail the grace period set by Maybank can be done online. You need to prepare the following details first:
- Loan Account Number
- Complete Name
- Mobile Number
- Birthday
- e-mail Address
Do you want to avail the 60-day moratorium on your Maybank loan? You may visit – https://secured.maybank.com.ph/bayanihan2/.
Thank you for visiting our website. We hope we have helped you with regards to this matter. You may keep coming back for more informative guides.
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