Personal Loan/Financing-i | HLB Connect | 01 October 2022-04 January 2023
Features and Benefits
*Applicable with verified monthly income of RM8,000 and above.
Interest/Profit Rate for Online Applications
Our rate is on a flat rate basis
Verified Monthly Income |
Flat Interest/Profit Rate |
Facility Tenure |
|---|---|---|
RM2,000 – RM7,999 |
8.00% p.a. |
2 to 5 years |
RM8,000 and above |
6.00% p.a. |
Note: The effective interest/profit rates vary as follows for loan/financing-i tenure from 2 to 5 years:
(i) Flat interest/profit rate 6.00% p.a.: Effective interest/profit rates vary from to 10.85% p.a. to 11.13% p.a.
(ii) Flat interest/profit rate 8.00% p.a.: Effective interest/profit rates vary from to 14.13% p.a. to 14.68% p.a.
(iii) 0.50% of the facility amount will be deducted upon disbursement for stamp duty payable.
Illustration of Instalments
Assuming your verified monthly income is RM8,000 (applicable interest/profit rate of 6.00% p.a.) with a total approved facility amount of RM100,000 with 5 years financing tenure:
- Malaysian citizens aged between 21 and 60 years old
- Minimum annual income of RM24,000
- Minimum loan/financing amount is RM5,000
- Maximum loan/financing amount is RM250,000 (RM150,000 for Financing-i)
- Exclusively for online applications
