Need Refinancing?

Take a load off your troubles


Overview

Worrying about your home loan or kids’ education fund? Or maybe you just need some 'extra' cash for a new purchase or business venture. Well worry not, because Refinancing with RHB Bank could be your answer.

What is Refinancing?

Refinancing is the act of replacing a current loan with a new loan but with different terms. Refinancing is done in order to:

  • Reduce interest costs (by refinancing at a lower rate)
  • Extend a repayment time
  • Pay off other debts
  • Reduce your current payment obligations
  • Gain ‘extra’ cash for other purposes such as children's education, home renovation etc.

Refinancing can alter the monthly payments owed on the loan either by changing the loan's interest rate, or by altering the term to maturity of the loan. More favourable lending conditions may reduce overall borrowing costs. Refinancing is also used in most cases to improve overall cash flow. Therefore, making your bills/payments lower than before.

So why wait? Find out more about how Refinancing with RHB can help you with the solution you need.

For further information, do give us a call at 03 - 9206 8118 or visit our nearest branches.