Monthly repayment of RM32.77 is based on transfer amount of RM1,000 at 5.99% p.a. with 36 months instalment period.
The monthly repayment amount is calculated based on:
[Balance Transfer Plus amount + (Balance Transfer Plus amount x interest rate per annum x repayment tenure in years)] / repayment tenure in months
For example:
The monthly repayment for a Balance Transfer Plus amount of RM1,000 with a tenure of 36 months and an interest rate of 5.99% p.a.
= [RM1,000+ (RM1000 x 5.99% x 3 years)] / 36 months
= RM32.77
