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 Online confirmation for e-Pengeluaran |
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% 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 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 |
1% p.a. on the unutilized Overdraft amount |
*Subject to Government Tax, if applicable
Please be informed that with effect from 2nd August 2019, the repricing rate and default rate shall be changed as below:-
Rate Charge |
Existing |
Revised |
||
---|---|---|---|---|
Days Past Due |
Rate |
Days Past Due |
Rate |
|
Repricing Rate |
63 |
Prescribed Rate + 2% |
100 |
Prescribed Rate + 2% |
Default Rate |
85 |
+ Additional 1% |
Removed |
Removed |
Revision to Original Interest Rate |
Upon full account regularization |
Account is paid to below 90 days past due |
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% 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 |
*Subject to Government Tax, if applicable
Please be informed that with effect from 1st October 2018, the additional interest charged for accounts which are overdue in payments by 63 days or more, will be reduced as follows:-
Revision of Interest |
Existing |
Changes |
---|---|---|
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. |
*Prescribed Rate = Contracted / Net Interest rate e.g. BLR (current BLR is 6.89%) - 2.4%= 4.49%
Description / Service |
Charges / Fees* |
---|---|
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 |