Personal Loan/Financing-i | 01 April 2023-30 June 2023
Features and Benefits
*Interest/profit rate of 3.80% p.a. is applicable for applicants with verified monthly income of RM20,000 and above, who are eligible for 60% Pay-On-Time Rebate on flat interest/profit rate of 9.50% p.a.
Interest/Profit Rate
Our rate is on a flat rate basis
| Verified Monthly Income | Flat Interest/Profit Rate | Applicable Pay-On-Time Rebate | Rate after Pay-On-Time Rebate |
|---|---|---|---|
| RM2,000 - RM7,999 | 9.50% p.a. | 30% | 6.65% p.a. |
| RM8,000 - RM19,999 | 50% | 4.75% p.a. | |
| RM20,000 and above | 60% | 3.80% p.a. |
(i) Effective interest/profit rate applicable to flat rate of 9.50% p.a. vary from 16.50% p.a. to 17.29% p.a. depending on loan/financing tenures from 2 to 5 years.
(ii) 0.50% of the Facility Amount will be deducted upon disbursement for stamp duty payable.
Enjoy up to 60% interest/profit rebate when you pay on time!
If your verified monthly income is RM20,000, and the applicable interest/profit rate is 9.50% p.a. with a total approved facility amount of RM100,000 for a financing tenure of 5 years, you are qualified for 60% Pay-On-Time Rebate as illustrated below:
- Malaysian citizens aged between 21 to 60 years old
- Minimum annual income of RM24,000
- Minimum loan/financing amount is RM5,000
- Maximum loan amount is RM250,000 for Personal Loan and maximum financing amount is RM150,000 for Personal Financing-i
- Facility tenures from 2 to 5 years
Visit HLB/HLISB nearest branch today.
