HLB Connect | Personal Loan/Financing-i | 16 January 2024-02 February 2024
Whether it’s for a home renovation, education fees or festive getaway, HLB Personal Loan/HLISB Personal Financing-i turns your plans into reality. Apply now to enjoy flat financing rate at 5.50% p.a. with no collaterals required.
*capped at a maximum amount of Ringgit Malaysia Two Hundred Fifty (RM250).
Interest/Profit Rate for HLB Connect Online Application
Our rate is on a flat rate basis
| Application Channel: HLB Connect Online | ||
| Verified Monthly Income | Flat Interest/Profit Rate | Facility Tenure |
| RM2,000 and above | 5.50% 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 5.50% p.a.: Effective interest/profit rates vary from 10.01% p.a. to 10.23% p.a.
(ii) 0.50% of the facility amount will be deducted upon disbursement for stamp duty payable.
Illustration of Instalments
For example, you are an applicant with a verified monthly income of RM2,000 and above and you apply via HLB Connect Online. The applicable interest/profit rate is 5.50% p.a. and your total approved facility amount is RM25,000 for a financing tenure of 5 years. The above example is illustrated below:
*Monthly instalment amount will be rounded up to the nearest RM5.
** Rebate will be rounded down to the nearest Ringgit Malaysia One (RM1) and capped at a maximum amount of Ringgit Malaysia Two Hundred Fifty (RM250).
Any adjustment due to rounding will be reflected towards the end of the facility tenure.
Eligibility
● Open to selected customers who received an invitation via SMS or HLB Connect App notification from Hong Leong Bank or Hong Leong Islamic Bank.
● Malaysian citizens aged between 21 to 60 years old
● Minimum annual income of RM24,000
● Minimum loan/financing amount is RM5,000
● Maximum loan amount is RM250,000 for Personal Loan and maximum financing amount for Personal Financing-i is RM150,000.
● Exclusively for applications via HLB Connect Online only
● 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:
