Penalties and Charges
1% Late Payment Penalty Charge
When it is imposed
The penalty charge will be imposed if payment is made later than 30 days after the bill date
How it is calculated
The amount is calculated based on 1% (simple interest) of the outstanding bill amount, multiplied by number of days outstanding.
For example: Total billed amount: RM1,000.00 Bill date: 1 May 2010 Date of payment: 10 June 2010
Days outstanding: 10 days Penalty charge: 1000 x 1% x 10/30 : RM3.33
How to Avoid it
Please pay your bill within 30 days from the bill date.