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Multiply Your Investment Power
Up to 2.5 times trading limit Need not sell existing investments or withdraw existing deposits
High Margin of Financing
Up to 60% margin of financing
Reasons why you should capitalize on our SMF packages now!
With the volatility of the stock market and not knowing when the next market boom will hit, you would need to have a ready pool of financial resources at your immediate disposal to further invest in opportunities as they roll along.
Collateral Accepted
Cash / Fixed Deposits pledged to Hong Leong Bank Acceptable quoted shares on Bursa Malaysia Unit Trust funds managed by Hong Leong Asset Management
Trading Limit
Up to a maximum of 2.5 times against Cash / Fixed Deposits Up to a maximum of 1.5 times against Shares / Hong Leong Asset Management’s unit trusts
Investment Power is Multiplied
SMF loan is the only facility that gives you a higher leverage to trade shares
Non-liquidation of Assets
Existing assets do not need to be liquidated to raise capital for shares trading. Thus, it increases clients' holding powers
Flexible Repayment
No fixed repayment is required provided there is no Margin Call. Interest on outstanding balance is capitalized on a monthly basis.
Cash Drawdown
SMF loan allows you to perform a cash drawdown upon 24-hour notification
Time & Effort Savings
Hong Leong takes care of prompt payment to remisiers & saves client the hassle of ensuring payment reaches remisier on time.
Extensive List of Panel Stock Broking Partners
Wide range of panel stock broking partners to suit your investment needs.
Q: Do I have to trade with specific brokerage firms?
A: Yes. Hong Leong Bank Berhad has a list of panel broking firms to select from. You can continue to use your present remisier as long as the stock broking firm that he/she is attached to is on our panel of stockbrokers.
Q: How do I qualify for the SMF Loan Application?
A: Hong Leong Bank Berhad will evaluate each loan application based on its merits and demerits. Generally, the approval is based on applicants' personal resources, repayment capabilities, past payment patterns, legislative, collateral to be pledged and Hong Leong Bank Berhad's requirements.
Q: What are the collaterals that Hong Leong Bank Berhad accepts?
A: Hong Leong Bank Berhad accepts collateral in the form of :-
- Cash / Fixed Deposits pledged to Hong Leong Bank
- Acceptable quoted shares on Bursa Malaysia
- Unit Trust funds managed by HLGUT
Q: What documents do I need to submit to Hong Leong Bank Berhad?
A: Applicants are required to furnish the following documents:
Individual
- SMF Application Form
- Photocopy of NRIC
- Latest Form BE / Income Tax Assessment
- Salary slips (3 months)
- Banks statements (3 months)
- CDS Statement (if initial collateral is quoted shares)
- Unit Trust Statement (if initial collateral is unit trusts)
Corporate (Investment Holding Company only)
- SMF Application Form
- Business Registration
- Memorandum and Articles
- Form 9, 24, 44 & 49 and Annual Returns
- Audited Financial Statement
- Bank Statements (3 months)
- Company Profile
- Company Resolution (Stating the authorized personnel to trade on behalf of the company)
Q: How long is the approval valid for?
A: Approval is valid for 14 days. However, Hong Leong Bank Berhad reserves the rights to withdraw the loan approval and / or to vary the loan terms and conditions without prior notice.
Q: How do I make my monthly payments?
A:There are no fixed repayments as long as your margin does not breach the approved margin limit.
Q: Is there any credit limit for SMF application?
A:Yes, the minimum credit limit you may apply is RM50,000 while the maximum is RM5,000,000 per customer.
- Individual age between 21 and 65
- Malaysian or non-Malaysian residing in Malaysia with PR status
