Personal Loan/Financing-i | HLB Connect | 05 January 2023-31 March 2023
Features & Benefits
*Applicable for applications submitted through HLB Connect Online with funded facility amount of RM50,000 and above only.
Interest/Profit Rate for HLB Connect Online Application
Our rate is on a flat rate basis
Application Channel: HLB Connect Online
Funded Facility Amount | Flat Interest/Profit Rate | Facility Tenure |
|---|---|---|
RM5,000 – RM49,999 | 6.00% p.a. | 2 to 5 years |
RM50,000 and above | 5.00% p.a. |
Note: The effective interest/profit rates vary as follows for loan/financing-i tenure from 2 to 5 years:
(i) Flat interest/profit rate 5.00% p.a.: Effective interest/profit rates vary from 9.15% p.a. to 9.32% p.a.
(ii) Flat interest/profit rate 6.00% p.a.: Effective interest/profit rates vary from 10.85% p.a. to 11.13% p.a.
(iii) 0.50% of the facility amount will be deducted upon disbursement for stamp duty payable.
Illustration of Instalments
Assuming you apply via HLB Connect Online and your funded facility amount is RM50,000 for 5 years financing tenure with applicable interest/profit rate of 5.00% p.a. as illustrated below:
*Monthly instalment amount will be rounded up to the nearest RM5.
Any adjustment due to rounding will be reflected towards the end of the facility tenure.
- 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 for Personal Financing-i is RM150,000.
- Exclusively for applications via HLB Connect Online only
- Applicant must hold at least one (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)
Click here to login and apply. Then, follow the steps below:
