Personal Loan/Financing-i | 01 April 2024-31 May 2024
Need new furniture, household appliances or even a set of kitchenware?
With a personal loan, you can furnish your home with everything you need.
Apply now via our website / HLB Connect Online
with affordable rates as low as 5.00% p.a. with no collaterals required.
with a min. approved and disbursed loan amount of RM30,000.
* Applicable for applicants with a verified monthly income of RM2,000 and above and apply via HLB Connect Online.
Interest Rate for Online Application
Our rate is on a flat rate basis
| Application Channel | Customer Segment | Verified Monthly Income | Flat Interest Rate | Loan Tenure |
|---|---|---|---|---|
| HLB Website | Salaried Segment | RM2,000 – RM7,999 | 7.50% p.a. | 2 to 5 years |
| RM8,000 and above | 5.50% p.a. | |||
| Self-Employed Segment | RM2,000 – RM7,999 | 7.50% p.a. | ||
| RM8,000 and above | 5.25% p.a. | |||
| HLB Connect Online | Salaried Segment | RM2,000 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 5.25% p.a.: Effective interest rates vary from 9.58% p.a. to 9.78% p.a.
(iii) Flat interest rate 5.50% p.a.: Effective interest rates vary from 10.01% p.a. to 10.23% p.a.
(iv) Flat interest rate 7.50% p.a.: Effective interest rates vary from 13.32% p.a. to 13.80% p.a.
(v) 0.50% of the loan amount will be deducted upon disbursement for stamp duty payable.
Illustration of Instalments
For example, you are a salaried applicant with a verified monthly income of RM2,000 and above and you apply via HLB Connect Online. The applicable interest rate is 5.00% p.a. and your total approved loan amount is RM50,000 for a financing tenure of 5 years. The above example is 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.
- Employed or self-employed with a minimum annual income of RM24,000.
- Minimum loan amount is RM30,000.
- Maximum loan amount is RM250,000.
- Exclusively for online applications via HLB’s Website and HLB Connect Online only.
- For applications via HLB Connect Online, 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:
You will be prompted to upload the following 5 documents for your online application. Prepare these documents before you start your online application.
Accepted formats: .jpeg, .jpg, .pdf or .png
Max file size: 5MB per document
For Salaried Applicants (Fixed or Variable Income)
1. NRIC front
2. NRIC back
3. Latest EPF statement showing 12 months contribution OR latest 2 years Form BE with proof of tax receipt/latest 2 years LHDN summary sheet for E-Filling submission OR
4. Latest 3 months’ salary slips OR 6 months’ commission slips with salary or commission crediting
5. Optional documents (e.g., rental income, proof of bonuses paid, cash investments – FD or Mutual Funds, etc.)
For Malaysians working in Singapore (SG)
1. Latest CPF statement (Malaysians working in SG) showing 12 months contribution OR latest 2 years NOA Form
2. Proof of salary crediting for 3 months
3. Copy of SG work permit/pass/PR
For Self-Employed Applicants
1. NRIC front
2. NRIC back
3. Business Registration Document
4. Latest 1 year Form B with tax receipt OR latest 6 months company bank statements OR latest 2 years EPF statement (Sdn Bhd only)
5. Optional documents (e.g., latest 6 months’ salary slips/6 months’ commission slips with crediting proof, rental income, etc.)