Principal Prepayment for HLB Auto Loan Customers
Kuala Lumpur, 17 April 2026
Principal Prepayment for HLB Auto Loan Customers
Dear Valued Customers,
Please be informed that effective 17 April 2026, HLB Auto Loan customers (applicable to both Fixed Rate and Variable Rate customers) can perform Principal Prepayment over the counter to reduce the principal balance of their Auto Loan account.
With this new update, the following documents will be updated:
Kindly refer to the table below for details regarding these updates:
| Item |
Changes |
|---|---|
|
Terms & Conditions of Hire Purchase Agreement |
Added new section - Section 6 Principal Prepayment |
|
Product Disclosure Sheet (Auto Loan Variable Rate) |
Updated Section 1 to define Eligible Outstanding Balance |