Banks helping flood-affected Proton car owners

By CARSIFU | 9 January 2015

SUBANG JAYA: Proton car owners affected by the flood crisis will be given a moratorium of up to six months on their vehicles' monthly instalments or repayments and a one-off waiver relating to late payment or penalty charges.

In a statement, Proton Holdings Bhd said this assistance is provided by Bank Muamalat Malaysia Bhd, AmBank (M) Bhd and Malayan Banking Bhd (Maybank).

Proton customers affected by the floods, however, would need to directly contact the respective banks and send in their request as soon as possible so that the banks are alerted of their situation and not impose any penalties for late repayment.

“In line with Proton’s Flood Relief programme, we initiate this call to inform our Proton car owners who have a car loan with these banks to contact the respective banks immediately as this would help lift one burden off their shoulders temporarily," said Proton chief executive officer Datuk Abdul Harith Abdullah.

"This kind gesture from these banks provides us a basis to discuss with other financial institutions to see if they are able to extend similar assistance to all affected Proton car owners. We shall update our customers when we have obtained good news from them," said Abdul Harith.

Proton's team of volunteers involving employees from the headquarters and branches at the East Coast are currently on their second round of flood relief assistance on the field, under the groupwide initiative by its parent company, DRB-Hicom.

This time around from 7-9 January 2015, they will assist in the cleanup of schools in Tanah Merah, Kelantan and presentation of essential items in Temerloh, Pahang.