Personal Loan/Financing-i | HLB Connect | 13 December 2022-13 December 2022
Features & Benefits
*Only applicable for applications submitted via HLB Connect Online banking with funded amount of RM50,000 and above.
**Cashback is capped to the first 50 funded applications.
Interest Rate for HLB Connect Online Banking Application
Our rate is on a flat rate basis
Application Channel: HLB Connect Online Banking | ||
|---|---|---|
Funded Facility Amount | Flat Interest 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 rates vary as follows for loan tenure from 2 to 5 years:
(i) Flat interest rate 5.00% p.a.: Effective interest rates vary from 9.15% p.a. to 9.32% p.a.
(ii) Flat interest rate 6.00% p.a.: Effective interest 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 Banking and your approved facility amount is RM50,000 for 5 years financing tenure at a flat interest rate of 5.00% p.a.:
*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 and 60 years old
- Minimum annual income of RM24,000
- Minimum loan amount is RM5,000
- Maximum loan amount is RM250,000
- Exclusively for applications via HLB Connect Online Banking 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:
