BLR Rate : Effective 11 May 2011

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Maybank, CIMB, RHB, Public Bank, OCBC, Affin Bank has increased their Base Lending Rate (BLR) and Base Financing Rate (BFR) to 6.60 percent from 6.30 percent effective from today, 11 May 2011.

This followed by the increment of OPR by 25 basis points to 3.00 percent announced by Bank Negara Malaysia on 5 May 2011.

Even though OPR was increased by 25 basis points, the banks has increased their BLR and BFR by 30 basis points…hmm, this seems not fair but could due to the increment of the statutory reserve requirement (SRR) as well.

For variable rate loan, i.e. Housing loan or ASB loan, the increment of 0.30% is equal to RM20 per month for RM100k loan with repayment period of 30 years.

(Click on the picture to enlarge)

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14 Responses to BLR Rate : Effective 11 May 2011

  1. jiming says:

    sad thing….dgn naiknya BLR ni…adakah dividen ASB akan naik jgk?cm 10 thn dulu

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  2. zackdanial says:

    Kalau ada yang buat loan OD agst W2020 dah in the red . Last year W2020 paid 6.30 now BLR dah 6.6 . Have to cancel my OD .

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  3. botak says:

    seperti dijangkakan,…

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  4. pokoksawit says:

    Buat masa nie, loan ASB masih lagik untung. Dlm 5.3%.

    Inilah masalahnya investment using debt intruments.
    Yang kaya sebenarnya ialah Banker…..
    hai labu….labu…..

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  5. tinez900 says:

    gula naik, BLR naik…lepas ni apa pulak yg akan naik. petrol?…

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  6. jiming says:

    tinez900: gula naik, BLR naik…lepas ni apa pulak yg akan naik. petrol?…

    lepas ni angin plak naik…naik angin

      (Quote)

  7. k-1 says:

    Darah TINGGI naik BRO..

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  8. zam says:

    Thanks owner for the info. Mintak kebenaran untuk tampal ke blog saya?
    Thanks. will credit bebas-hutang.com…

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  9. Mail says:

    Bank ni macam tokey emas. Harga naik atau turun, dia tetap untung. Boleh untung segera pulak tu!… Moralnya, jadilah tokey emas atau pemilik bank….

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  10. bluffy says:

    matii~~~~ :P

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  11. firdaus says:

    bagus r,nek la lagi

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  12. dien says:

    zackdanial:
    Kalau ada yang buat loan OD agst W2020 dah in the red . Last year W2020 paid 6.30 now BLR dah 6.6 . Have to cancel my OD .

    tgok gak pa u buat dgn od asw tu..klo bleh gain 10% profit..still untung wat..lain la klo beli sport rim kete heheh..

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  13. Mohammed Ibrahim says:

    hi

    for getting a loan whome should i get in touch

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  14. Shukor says:

    AIA offer home loan fixed rate@ 4.85% (zero moving cost). Limited time only

      (Quote)

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