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Auto Loans

Auto Loan Car Loan

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Features & Benefits

  • Features & Benefits
  • Available Car Financing Plans
  • Eligibility & Documents Required
  • Fees & Charges
  • Frequently Asked Question
  • Terms & Conditions, PDS & Application Form
New, Used & Recond Vehicles

A financing plan suitable for new, used and reconditioned vehicle.

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Repayment Period & Financing

We offer loan repayment period up to 9 years and margin of financing up to 90%.

 

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Easy Payment Options Available

Hong Leong Connect, interbank GIRO (MEPS IBG), standing instruction facility (CASA auto debit), ATMs, CDMs or Hong Leong Bank branches.

 

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Choose Auto Loan Fixed/Variable rate or Industrial Hire Purchase financing packages

 

Auto Loan Fixed Rate Financing

Auto Loan Variable Rate Financing

Industrial Hire Purchase Financing

Terms Charges

Based on fixed interest rate per annum

Based on a margin above the reference rate

Based on fixed interest rate per annum flat

Instalment

Fixed monthly instalment

Amount of each instalment or the number of instalments shall be revised whenever there is a reference rate revision

Fixed monthly instalment

Early Loan Settlement

  • No penalty fee

  • Net balance due plus accrued terms charges up to the next payment due date

  • No penalty fee

  • Net balance due plus accrued terms charges up to the next payment due date

  • No penalty fee
  • Net balance due less statutory rebate for terms charges
 
  • Individual or Sole Proprietor aged 21 to 70
  • Non-individual (Business Applicant)
To apply, submit the following documents: 
Individual Applicant:
Employed Self-Employed
  • NRIC and Driving License; and
  • Latest 3 months’ salary slips;

 

AND

 

Any ONE of the following documents:

  • Latest Form BE and tax payment receipt; or
  • Latest EPF statement with at least  6 months’ contribution; or
  • Latest 3 months’ bank statement/saving passbook transaction; or
  • Letter of employment
  • NRIC and Driving License; and
  • Latest 6 months’ bank statement/saving passbook transaction; and
  • Business Registration and Form D
Business Applicant:

Sole Proprietor / Partnership

Private Limited/ Public Listed

  • Business proprietor/partner(s)’s NRIC;  and
  • Latest 6 months’ bank statement/saving passbook transaction; and
  • Business Registration and Form D
  • Certificate of incorporation; and
  • Forms 24 and 49; and
  • Memorandum and Articles of Association (M&A); and
  • Latest 6 months’ business bank statements; and
  • Director / Guarantor(s)’s NRIC

Note : Other form of income substantiation may be considered on a case to case basis. 

 

Important Notice:  Please click here for the non-exhaustive list of fees and charges

 

 

FAQs

Consent Letter / Letter of No Objection for Tribunal For Consumer Claims Malaysia

English

Terms & Conditions Auto Loan

Terms & Conditions Industrial Hire Purchase

Product Disclosure Sheet Fixed Rate

Product Disclosure Sheet Variable Rate

Product Disclosure Sheet Industrial Hire Purchase

Application Form

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