Personal Loan | HLB Connect | 01 January 2021-31 March 2021
Apply for a Personal Loan/Financing–i anytime, anywhere
Enjoy exclusive low flat rate from 5.00% p.a.*
Affordable instalments for financing tenures from 2 to 5 years
*Applicable with a verified monthly income of RM5,000 and above. For applications via Connect Online Banking, rate is applicable to a verified monthly income of RM2,000 and above.
Interest/Profit Rate for Online Applications
Our rate is on a flat rate basis
Facility Amount | Verified Monthly Income | Flat Interest/Profit Rate | Facility Tenure |
---|---|---|---|
RM5,000 – RM250,000 (up to RM150,000 Personal Financing-i) | RM2,000 – RM4,999 | 7.00% p.a. | 2 to 5 years |
RM5,000 and above | 5.00% p.a. |
Note: The effective interest/profit rates vary as follows for loan/financing-i tenure from 2 – 5 years:
(i) Flat interest/profit rate 5.00% p.a.: Effective interest/profit rates vary from to 9.15% p.a. to 9.32% p.a.
(ii) Flat interest/profit rate 7.00% p.a.: Effective interest/profit rates vary from to 12.50% p.a. to 12.91% p.a.
0.50% of the facility amount will be deducted upon disbursement for stamp duty payable.
Interest/Profit Rate for Connect Online Banking Applications
Our rate is on a flat rate basis
Facility Amount | Verified Monthly Income | Flat Interest/Profit Rate | Facility Tenure |
---|---|---|---|
RM5,000 – RM250,000 (up to RM150,000 Personal Financing-i) | RM2,000 and above | 5.00% p.a. | 2 to 5 years |
Note: Effective interest/profit rates vary from 9.15% p.a. to 9.32% p.a. depending on loan/financing-i tenures from 2 years to 5 years.
0.50% of the facility amount will be deducted upon disbursement for stamp duty payable.
Illustration of Instalments
Assuming your total approved facility amount is RM5,000 with 5 years financing tenure at flat interest/profit rate 5.00% p.a.:

Description/Service | Charges/Fees* |
---|---|
Stamp Duty Fee | 0.50% of the disbursed facility amount for every approved facility. |
Late Payment Charge (applicable to Personal Loan) | 1.00% p.a. on the arrears of outstanding for each facility (daily rest basis). |
Early Settlement | No charges/fees to be imposed provided 3 months’ written notice is given to the Bank prior to the early settlement. Otherwise, payment of 3 months’ interest on the amount redeemed is applicable. (For Personal Financing-i, payment in lieu of notice is not applicable – customers are required to provide 3 months’ written notice should they opt for early settlement). |
Compensation Charges (applicable to Personal Financing-i) | For default payment during facility tenure = 1.00% p.a. on the overdue instalment amount.
For default payment causing the facility to be terminated or brought to court = 1.00% 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. |
*Subject to Government Tax, if applicable
- Malaysian citizens aged between 21 and 60 years old
- Minimum annual income of RM24,000
- Minimum loan/financing amount is RM5,000
- Maximum loan/financing amount is RM250,000 (RM150,000 for Financing-i)
- Exclusively for online applications and applications via Connect Online Banking only
- For applications via Connect Online Banking, applicant must hold at least 1 valid and active individual Hong Leong Bank Current/Savings Account or /Hong Leong Islamic Bank Current/Savings Account-i (joint and corporate accounts are not eligible)

For Connect Online Banking, click “Apply Online” and choose to apply via Connect Online Banking. Then, follow the steps below:
