Fees & Charges - Retail Loans

Retail Loans

Description / Service Charges / Fees*
Hong Leong MortgagePlus
i. Set up fee RM200.00
ii. Monthly maintenance fee RM10.00
Redemption Statement RM50.00 applicable to house or home financing (for individuals)
Letter of confirmation for EPF withdrawal RM20.00 per account / request
Security document retrieval (per request) – request for photocopy RM2.00 per page, min RM10.00
Additional loan statement
i. Up to 1 year RM10.00 per request
RM2.00 per page
ii. More than 1 year RM10.00 per request
RM5.00 per page
Request for pricing variation 0.1% of outstanding balance, subject to minimum of RM100.00 and a maximum of RM200.00
Termination Fee for cancellation of loan prior to loan disbursement RM2,000.00
Late payment charge 1% pa on the loan amount in arrears

*Subject to Government Tax, if applicable

Description / Service Charges / Fees*
Trading fee Waived
Withdrawal of advance payment fee RM50.00 per request
Early settlement charges Actual cost incurred by the Bank at the point of early settlement
Compensation charges - For default payment during facility tenure = 1% p.a. on the overdue instalment amount

- For default payment causing the facility to be terminated or brought to court = 1% p.a. on the outstanding balance (outstanding principal plus accrued profit)

- For default payment after expiry of facility tenure = BNM Islamic Interbank Money Market (“IIMM”) rate on the outstanding balance (outstanding principal plus accrued profit)

 -For default payment post judgment = IIMM rate on the basic judgment sum
Termination Fee for cancellation of financing prior to financing disbursement RM2,000.00
Redemption Statement fee RM50.00 per request
Letter of confirmation for EPF withdrawal fee RM20.00 per request
Security document retrieval (per request) – request for photocopy RM2 per page, min RM10 and max RM60.00
Additional financing statement RM10.00 per request

*Subject to Government Tax, if applicable

Description / Service Charges / Fees*
i. Administrative fee RM35.00
ii. Incidental charges (Used car) RM350.00
iii. Set-up fee (Cruise Control) RM200.00
iv. Monthly maintenance fee (Cruise Control) RM10.00
Stamp Duties
i. Hirer RM10.00
ii. Guarantor RM10.00 per agreement
e-Ownership Transaction Fee  
i. Registration of ownership claim RM3.00
ii. Change request RM3.00
Ad-hoc services
i. Duplicate letter - release of ownership claim RM100.00 per letter
ii. Consent letter to JPJ - change of vehicle engine number RM50.00 per letter
iii. Letter to JPJ - duplicate registration card RM50.00 per letter
iv. Letter to JPJ - interchange of vehicle registration number RM50.00 per letter
v. Duplicate HP agreement RM2.00 per page; min RM10.00
vi. Duplicate registration card RM2.00 per page; min RM10.00
vii. Consent letter to Authorities - transfer of vehicle to East M’sia or vice versa RM20.00 per request
viii. Road tax renewal RM10.00 per case
ix. Transfer and ownership claim fee to JPJ RM150.00
x. Compensation Charges a. For default payment during facility tenure = 1% p.a. on the overdue instalment amount;
b. For default payment causing the facility to be terminated or brought to court = 1% p.a. on the outstanding balance (outstanding principal plus accrued profit);
c. For default payment after expiry of facility tenure = BNM Islamic Interbank Money Market (“IIMM”) rate on the outstanding balance (outstanding principal plus accrued profit);
d. For default payment post judgment = IIMM rate on the basic judgment sum.

*Subject to Government Tax, if applicable

Description / Service Charges / Fees*
Documentation Fee RM50.00 (upon loan acceptance)
Statutory Declaration RM5.00 per borrower/guarantor
Deposit of Certificate
i. Service Fee RM5.00 per counter
ii. Transport Fee RM10.00 per trip
Transfer-out of shares RM10.00 per counter
Withdrawal Fee for retrieving physical scrips from CDS
i. Service Fee RM5.00 per counter
ii. Transport Fee RM10.00 per trip
Dividend Claims/Collection of Warrants mandated to HLB
i. Net Dividend of RM10 and below RM2.50
ii. Net Dividend above RM10 RM5.00
Corporate Action Fees ( Rights Issue / Dividend Reinvestment / Conversion of Securities )
i. Service Fee RM5.00 per PAL/DRP
ii. Transport Fee RM10.00 per trip
Excess Application for Rights Issues RM5.00 per PAL
Takeover / General Offers
i. Service Fee R20.00 per counter
ii. Transport Fee RM10.00 per trip
Execution of Proxy Form
i. Service Fee RM5.00 per form executed
ii. Transport Fee RM10.00 per trip
Replacement for Lost Tax Certificate RM5.00 per certificate
CDS Statement Request RM5.00 per request

*Subject to Government Tax, if applicable

Description / Service Charges / Fees*
Stamp Duty Fee 0.5% of loan amount funded for every approved loan
IBG Fee A nominal fee of RM2.00 will be charged on every Interbank Giro (IBG), if any
Late Payment Charge 1% per annum on the arrears of outstanding for each loan (daily rest basis)
Early Settlement Fee 3 months prior written notice is required or payment of 3 months interest on the amount redeemed in lieu of notice

*Subject to Government Tax, if applicable

For enquiries, connect with us online or drop by your nearest Hong Leong Bank Branch.