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Hong Leong Bank - Revision of Portfolio Sales Products Rates
Kuala Lumpur, 8 April 2019
Dear Valued Customers,
With effect from 1st May 2019, the interest rates for portfolio sales products will be revised. Please refer below for details of the changes.
a) Balance Transfer (EIR)
Tenure |
Current Rates |
Revised Board Rate (Published Rate) |
|---|---|---|
Lifetime (Birthday Month & NTC) |
4.99% p.a. |
4.99% p.a. |
6 Months |
6.99% p.a. |
7.99% p.a. |
12 Months |
6.99% p.a. |
8.99% p.a. |
b) CFC+ (Flat Rate)
Tenure and Amount (12, 18, 24, 36, 48 & 60 months) |
Current Rates |
Revised Board Rate (Published Rate)) |
|---|---|---|
RM 1,500 - RM 10,000 |
9.88% p.a. EIR (17.01% p.a. to 17.76% p.a.) |
9.88% p.a. EIR (17.01% p.a. to 17.76% p.a.) |
RM 10,001 - RM 24,999 |
8.38%p.a. EIR (14.73% p.a. to 15.12% p.a.) |
8.88% p.a. EIR (15.53% p.a. to 16.01% p.a.) |
RM 25,000 and above |
6.38%p.a. EIR (11.48% p.a. to 11.57% p.a.) |
8.38% p.a. EIR (14.73% p.a. to 15.12% p.a.) |
c) CFC (One-time interest fee)
Tenure |
Current Rates |
Revised Board Rate (Published Rate) |
|---|---|---|
6 Months |
2.99% One-time interest fee EIR (10.18% p.a.) |
3.99% One-time interest fee EIR (13.55% p.a.) |
12 Months |
4.99% One-time interest fee EIR (9.09% p.a.) |
5.99% One-time interest fee EIR (10.88% p.a.) |
24 Months |
7.99% One-time interest fee EIR (7.49% p.a.) |
8.99% One-time interest fee EIR (8.41% p.a.) |
Media Contact
Group Corporate Affairs & Public Relations
Hong Leong Bank Berhad
DID: 03-2081 8888 ext 61916
Email: capr@hongleong.com.my
