Personal Loan | 01 November 2019-07 January 2020
Features and Benefits
Enjoy 2% savings on interest/profit*
25% rebate on total interest/profit for paying on time
*Applicable to the Effective Interest/Profit Rates (EIR/EPR) on the Personal Loan/Financing-i Consolidation facility which will be charged at 2.00% p.a. lower than the consolidated EIR/EPR on the facilities the customer wishes to consolidate with minimum flat rate of 7.50% p.a.
Gift upon Disbursement for HLISB Personal Financing-i Facility effective 1 December 2019
Approved and Disbursed HLISB Personal Financing-i Amount | Gift | No of Units Available |
---|---|---|
RM5,000 – RM49,000 | Kingston Data Traveller (Thumb drive) | 50 units |
RM50,000 – RM150,000 | Swan 20” Luggage Bag (Cabin Size) | 80 units |
The Gift is limited to a total of fifty (50) units of Kingston Data Traveller and eighty (80) units of Swan 20” Luggage Bag throughout the Campaign Period and will be awarded based on a first-come, first-served basis.
Interest / Profit Rate
Our rate is on a flat rate basis
Loan/Financing -i Tenure | Personal Loan/Financing-i Amount | Flat Interest/Profit Rate | Pay on Time Rebate Applicable |
---|---|---|---|
2 years – 5 years | RM5,000 – RM250,000 (Personal Loan) RM5,000 – RM150,000 (Personal Financing-i) | 7.50% p.a. – 12.00% p.a. | 25% |
Note: Effective Interest/Profit Rates vary from 13.32% p.a. to 21.57% p.a. depending on loan/financing-i tenures of 2 – 5 years.
0.50% of the facility amount will be deducted upon disbursement for stamp duty payable.
Get 25% rebate on total interest/profit when you pay on time!
Assuming your approved facility amount is RM5,000 charged with applicable flat interest/profit rate at 8.00% p.a., choose to pay over 5 years and are eligible for the rebate:



Description/Service | Charges/Fees* |
---|---|
Stamp Duty Fee | 0.50% of the disbursed facility amount for every approved facility |
IBG Fee | A nominal fee of RM2.00 will be charged on every Interbank Giro (IBG), if any |
Late Payment Charge (Applicable to Personal Loan) | 1% 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% p.a. on the overdue instalment amount
For default payment causing the facility to be terminated or brought to court = 1% 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
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