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Fees & Charges - Retail Loans

Retail Loans

Description / Service Charges / Fees*

Hong Leong MortgagePlus

i. Set up fee

ii. Monthly maintenance fee

 

RM200.00

RM10.00

Withdrawal of Advance Payment Fee

RM50.00 per request

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 fee (request for photocopy)

RM2 per page, min RM10

Additional loan statement

i. Up to 1 year

 

 

ii. More than 1 year

 

RM10.00 per request

RM2.00 per page

 

 

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

Stamp Duties

As per Stamp Duty Act 1949 (revised 1989).

Legal Fees

As per the scale in the Solicitors’ Remuneration Order (SRO)

Disbursement Fees

Disbursement Fees including but not limited to registration fee, search fee, government tax and any other taxes or levy as per the scale fees charged by the respective authorities and/or legal firms.

Valuation Fees

As per the Seventh Schedule (Rule 48) of the scale fees set by the Board of Valuers, Appraisers and Estate Agents Malaysia.

Processing Fees

One-time fee shall be charged for approved loan. Currently all processing fees are waived

Miscellaneous Fees

Miscellaneous Fees including but not limited to online IBG payment, IBG via ATM machine, cheque processing fee and any other fees or charges that may be imposed by the respective relevant authorities from time to time with prior notice.

Overdraft Commitment Fee
(Interest payable on unutilized OD in excess of RM250,000)

1% p.a. on the unutilized Overdraft amount

*Subject to Government Tax, if applicable

Description / Service

Charges / Fees*

Trading/Agency fee

Waived

Withdrawal of advance payment fee

RM50.00 per request/withdrawal

Early settlement charges

Actual cost incurred by the Bank at the point of early settlement

For HLISB, it shall reflect the costs incurred by the Bank as a direct result of early settlement. Such costs may include:

a)costs that have not been recovered because a financing contract with discounted rate during the lock-in period is terminated early; and

b) initial costs that have not been recovered In the event the applicant(s) / customer(s) settle in full the facilities during the lock-in period, the rebate shall be reduced based on the cost above. The rebate calculation is as per below: Rebate = remaining unearned profit - early settlement charges*

 i) *cost that have not been recovered because a financing contract has a structure with discount elements at the initial period of financing; and/or

 ii) *initial costs that have not been recovered (e.g. zero moving cost products)

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 financing prior to financing disbursement

RM2,000.00

Redemption Statement fee

RM50.00 per request

Note: Applicable for residential financing under individuals only (for HLISB)

Letter of confirmation for EPF withdrawal fee

RM20.00 per request

Security document retrieval (per request) – request for photocopy

RM2 per page, min RM10

Late payment charge/ Compensation charges (for HLISB)

1% pa on the financing amount in arrears

The following are applicable for HLISB:

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

Stamp Duties

As per Stamp Duty Act 1949 (revised 1989).

Legal Fees

As per the scale in the Solicitors’ Remuneration Order (SRO)

Disbursement Fees

Disbursement Fees including but not limited to registration fee, search fee, government tax and any other taxes or levy as per the scale fees charged by the respective authorities and/or legal firms.

Valuation Fees

As per the Seventh Schedule (Rule 48) of the scale fees set by the Board of Valuers, Appraisers and Estate Agents Malaysia.

Processing Fees

One-time fee shall be charged for approved financing. Currently all processing fees are waived

Processing Fee is not applicable for HLISB.

Miscellaneous Fees

Miscellaneous Fees including but not limited to online IBG payment, IBG via ATM machine, cheque processing fee and any other fees or charges that may be imposed by the Bank and/or the respective relevant authorities from time to time with prior notice.

Additional financing statement
 

i. Up to 1 year

 

 

 

 

ii. More than 1 year

 

 

RM10.00 per request

RM2.00 per page

 


 

RM10.00 per request

RM5.00 per page

*Subject to Government Tax, if applicable

Description / Service

Charges / Fees*

i. e-Ownership transaction fee for registration of ownership claim

RM3.00

ii. Monthly maintenance fee (Cruise Control)

RM10.00

Stamp Duty for Hire Purchase Agreement

i. Hirer

RM10.00

ii. Guarantor

RM10.00 per guarantor

iii. Supplemental Agreement/ Letter of Set-Off/ Charge over Cash Deposit/ Assignment Agreement

RM10.00

Ad-hoc services

 

i. Duplicate HP agreement/ Duplicate AP Documents/ Invoice/ Insurance Cover Note/ Puspakom report/ Guarantee agreement/ Supplemental agreement/ Letter of Set-off (LOSO)/ Charge Over Cash Deposit

RM2.00 per page; min RM10.00

ii. Duplicate registration card/ vehicle ownership claim (VOC)

RM2.00 per page; min RM10.00

iii. Consent letter to Authorities - transfer of vehicle to East M’sia or vice versa

RM20.00 per request

iv. Transfer of vehicle fees (used car)

 

-    Passenger vehicles

RM150.00/ RM40.00 (E.M.)

-    Commercial vehicles

RM110.00/ RM40.00 (E.M.)

v. JPJ Runner fees (used car)

Up to RM100.00

*Subject to Government Tax, if applicable

Description / Service Charges /Fees*
General
BURSA Central Depository System (CDS)
Account Opening Fee
RM10.00 per
account opened
Stamp Duty 
i. Letter Offer  RM10.00
ii. Memorandum of Deposit RM10.00
iii. Letter of Set-Off (if applicable) RM10.00
iv. Letter of Mandate (if applicable) RM10.00
v. Letter of Guarantee (if applicable) RM10.00
vi. Share Financing Agreement Ad valorem
0.5% of facility limit
Statutory Declaration / Attestation Fee  Per Charged (per borrower/ guarantor)
Miscellaneous
Deposit of Certificate 
 i. Service Fee  RM5.00 per counter  
ii. Transport Fee  RM10.00 per trip
iii. BURSA CDS Fee  RM10.00 per certificate
Transfer-out of shares (Ordinary) RM10.00 per counter
i. BURSA CDS Fee  RM 10.00 per transfer per counter
Withdrawal Fee for retrieving physical scrips from CDS 
i. Service Fee   RM5.00 per counter 
ii. Transport Fee  RM10.00 per trip
iii. BURSA CDS Fee  RM15.00 per 1000 shares or part thereof
Dividend / Distribution mandated to HLB 
i. Net Dividend / Distribution of RM10 and below  RM2.50
ii. Net Dividend / Distribution above RM10  RM5.00 
Rights Issue/ Restricted Issue/ Offer for Sale  
 i. Service Fee   RM5.00 per PAL
ii. Transport Fee  RM10.00 per trip
iii. Stamp Duty  RM10.00 per PAL
Excess Application / Restricted Issue/ Offer for Sale for Rights Issues (if applicable) RM5.00 per PAL
Dividend Reinvestment Plan (DRP)
 i. Service Fee   RM5.00 per DRP
ii. Transport Fee  RM10.00 per trip
iii. Stamp Duty  RM10.00 per DRP
Conversion / Redemption of Securities
 i. Service Fee   RM5.00 per Application
ii. Transport Fee  RM10.00 per trip
iii. Registrar Fee Vary
Takeover / Mandatory General Offer (MGO)
i. Service Fee  RM20.00 per counter
ii. Transport Fee  RM10.00 per trip
iii. BURSA CDS Fee  RM 10.00 per transfer per counter
Execution of Proxy Form
 i. Service Fee  RM5.00 per form executed 
ii. Transport Fee  RM10.00 per trip
Replacement for Lost Tax Certificate 
 i. Service Fee   RM5.00 per certificate
ii. Registrar Fee Vary
BURSA CDS Statement Request Fee
RM1.00 per page or part thereof up to 100 pages and

RM0.30 per page above 100 pages 
Early Redemption Penalty 2% of facility limit 
(applicable to SMF only for redeeming out the loan within lock-in period)
 

Dormant Account Reactivation Fee

RM5.00 per CDS account

Lodgement of Form 34

i) Lodgement Fees (SSM)

ii) Consultation Fees (Lawyer)

 

Per Charged

(per lodgement)

*Subject to Government Tax, if applicable

Note: PAL = Provisional of Allotment Letter

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 No charges/fees provided 3 months prior written notice is given to the bank or payment of 3 months interest on the amount redeemed in lieu of notice

*Subject to Government Tax, if applicable

Description / Service

Charges / Fees*

Withdrawal of advance payment fee

RM50.00 per request

Redemption Statement

RM50.00 applicable to residential/non-residential property financing

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

Stamp Duties

As per Stamp Duty Act 1949 (revised 1989)

Legal Fees

As per scale in the Solicitor’s Remuneration Order (SRO)

Disbursement fees

Disbursement Fees including but not limited to registration fee, search fee, government tax and any other taxes or levy as per the scale fees charged by the respective authorities and/or legal firms

Valuation Fees

As per the Seventh Schedule (Rule 48) of the scale fees set by the Board of Valuers, Appraisers and Estate Agents Malaysia

Miscellaneous Fees

Miscellaneous Fees including but not limited to online IBG payment, IBG payment via ATM machine, cheque processing fee and any other fees or charges that may be imposed by the respective relevant authorities from time to time with prior notice

Overdraft Commitment Fee

1% p.a. on the unutilised Overdraft amount

*Subject to Government Tax, if applicable

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