Fees & Charges - Retail Loans

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

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

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)

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% p.a. will be additionally levied on any amount in arrears, from the time of default until the time such amount(s) in arrears are paid

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

Additional / Remedial Rate @ 63 days overdue

BLR + 2.5% p.a.

*Prescribed Rate + 2.00% p.a.

BR + 5.35% p.a.

KLIBOR + 4.00% p.a.

Default Rate @ 85 days overdue

1% p.a.

Remain unchanged

Revision to Original Interest Rate

 6 months continuous prompt repayment of monthly installments

Upon full account regularization.

Note: Interest rate will be revised downwards at the end of the month in which all arrears are settled and the new installment amount will only take effect in the following month.

Stamp Duty

i. Letter of Offer

Ad Valorem

0.5% of facility limit

ii. Memorandum of Deposit

RM 10.00

iii. Letter of Guarantee (if applicable)

RM 10.00

Statutory Declaration / Attestation Fee

Per Charged (Per borrower / guarantor)

General

Commitment Fee

(applicable to facility > RM250,000)

1 % p.a. on daily unutilized amount of the Overdraft line

Excess Fee

1 % p.a. above prescribed rate on the amount in excess of the facility limit