Interest/Profit Rate for Online and Connect Online Banking Applications

Our rate is based on a flat rate basis

Application Channel: Online (Bank’s Website)

Application Channel: Connect Online Banking

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 7.00% p.a.: Effective interest/profit rates vary from 12.50% p.a. to 12.91% p.a.

(iii) 0.50% of the facility amount will be deducted upon disbursement for stamp duty payable.

Illustration of Instalments

Assuming your verified monthly income is RM5,000 (applicable interest/profit rate of 5.00% p.a) with a total approved facility amount of RM100,000 with 5 years financing 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 online applications and applications via Connect Online Banking only
• For applications via Connect Online Banking, 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)

For Connect Online Banking, 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 tax receipt proof/Latest 2 years LHDN summary sheet for E-Filing 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.)

Note:
Malaysians working in SG

Please submit your latest CPF statement (Malaysians working in SG) showing 12 months contribution OR latest 2 years NOA Form + 3 months salary crediting proof. Malaysians working in SG must also attach a copy of work permit/pass/PR proof.

For Self-Employed Applicants 

1. NRIC front

2. NRIC back

3. Business Registration Document (SSM or Form 9,24,49/Practicing License for Professionals + Practicing cert/Latest 2 years Business License Renewal Proof for Sabah/Sarawak)

4. Latest 1 year Form B with tax receipt OR latest 6 months company bank statements Or Latest 2 years EPF statement 21/22 (Sdn Bhd only)

5. Optional documents (e.g., Latest 6 months salary slips / 6 months commission slips with crediting proof, rental income, etc.)

Please click here to view the monthly repayment/payment table.