Personal Loan/Financing-i | HLB Connect | 17 January 2023-17 January 2023
Features and 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/Profit 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/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 Banking and your funded facility amount is RM50,000 for 5 years financing tenure at a flat 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 is RM150,000 for Personal Financing-i
- 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:
