Defer your principal, but continue to pay your interest.

interest-only scheme

Application process

Complete one form for each loan account.

You will receive an email within 4 working days advising the start date of the scheme and information on your monthly repayment amounts.

Important note about interest

During the payment deferment period, interest will be charged on the principal amount. Interest rate will not be at 0% and the bank does not freeze charging of interest during the deferment period.