Personal Loan/Financing-i Kick Start Campaign

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  • Personal Loan/Financing-i Kickstart campaign Online Exclusive 6.00% p.a. offer
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hlb kick start campaign online exclusive

Personal Loan | 22 July 2019-31 October 2019

Kickstart your goals with online exclusive rate @ 6.00% p.a

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  Features and Benefits

Apply for a Personal Loan / Financing –i anytime, anywhere

Enjoy exclusive low flat rate of 6.00% p.a.

Note: Effective Interest/Profit Rates vary from 10.85% p.a. to 11.13% p.a. depending on the loan/financing-i tenures of 2 – 5 years.

Affordable instalments for tenure of 2-5 years

Fast approval within 48 hours

Eligibility

  • Malaysian citizens aged between 21 and 60 years old
  • Minimum annual income of RM24,000
  • Minimum loan/financing amount is RM5,000
  • Maximum loan/financing amount is RM250,000 (RM150,000 for Financing-i)
  • Exclusively for online applications only

 

Interest/Profit Rate and Instalments

Interest / Profit Rate 

Our rate is on a flat rate basis

Loan/Financing -i Tenure

Personal Loan/Financing-i Amount

(RM)

Flat Interest/Profit Rate

2 years – 5 years

RM5,000 – RM250,000 (Personal Loan)

RM5,000 – RM150,000 (Personal Financing-i)

6.00%p.a

Note: Effective Interest/Profit Rates vary from 10.85% p.a. to 11.13% p.a. depending on the loan/financing-i tenures of 2 – 5 years.

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 and you choose to pay over 5 years:

Illustration of Instalments

Fees & Charges

Refer to the Fees and Charges applicable below to Personal Loan/Financing-i.

For more information, you may refer to our Product Disclosure Sheet available here for Personal Loan and here for Personal Financing-i.

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

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

How to apply

How to apply
Click Here
  • Terms & Conditions EN
  • Terms & Conditions - BM
  • Terms & Conditions - CHI
  • General Personal Loan Terms & Conditions - EN
  • General Personal Financing-i Terms & Conditions - EN
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For enquiries, connect with us online or drop by your nearest Hong Leong Bank Branch.


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