Personal Loan/Financing-i | HLB Connect | 09 September 2022-09 September 2022
Features and Benefits
*Applicable for applications made through Connect Online Banking on 9 September 2022.
Interest/Profit Rate
Our rate is based on a flat rate basis
Facility Amount | Verified Monthly Income | Flat Interest/ Profit Rate | Facility Tenure |
|---|---|---|---|
RM5,000 – RM250,000 (up to RM150,000 for Financing-i) | RM2,000 and above | 5.00% p.a. | 2 to 5 years |
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) 0.50% of the facility amount will be deducted upon disbursement for stamp duty payable.
Illustration of Instalments
Assuming your total approved facility amount is RM5,000 with 5 years financing tenure at a flat interest/profit 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/financing amount is RM5,000
- Maximum loan amount is RM250,000 (RM150,000 for Financing-i)
- Exclusively for applications via Connect Online Banking on 9 September 2022 only
- Applicant must hold at least 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)
