Normal mortgage loan also can , just that u cant anyhow take out the money , more discplined ....
If needs to take out the money , need to inform bank and pay a service fee .
But no monthly charges at all.
hi sis,..for the mortgage loan u mentioned, are u saying that the bank allow you to pay off part of the loan and safekeep that amount which you have paid them. Later if you need the amount which you have paid, they let you have it and just charge you a service fee. I din know msia banks mortgage loan operate this way...Care to share which bank is this sis?..I would be keen to find out more....
cheers.
ADD ON: Saw LGLab's post...i think this is the semi-flexi type...interesting..
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