Personal Loan/Financing-i | 01 January 2024-31 March 2024
*Interest/profit rate of 3.40% p.a. is applicable for self-employed customers with a verified monthly income of RM8,000 who have their financing disbursed to their HLB/HLISB Current Account/Current Account-i and/or Savings Account/Savings Account-i (“HLB CASA/HLISB CASA-i”), and who are eligible for 60% Pay-On-Time Rebate on flat interest/profit rate of 8.50% p.a.
Interest/Profit Rate
Our rate is on a flat rate basis
Verified Monthly Income |
Flat Interest/Profit Rate |
Applicable Pay-On-Time Rebate |
Rate after Pay-On-Time Rebate |
||
|---|---|---|---|---|---|
Disbursement to non HLB CASA/HLISB CASA-i |
Disbursement to HLB CASA/HLISB CASA-i |
Disbursement to non HLB CASA/HLISB CASA-i |
Disbursement to HLB CASA/HLISB CASA-i |
||
RM2,000 – RM7,999 |
9.50% p.a. |
9.00% p.a. |
20% |
7.60% p.a. |
7.20% p.a. |
RM8,000 and above |
60% |
3.80% p.a. |
3.60% p.a. |
||
(i) Effective interest/profit rate applicable to flat rate of 9.00% p.a. vary from 15.71% p.a. to 16.43% p.a. depending on loan/financing tenures from 2 to 5 years.
(ii) Effective interest/profit rate applicable to flat rate of 9.50% p.a. vary from 16.50% p.a. to 17.29% p.a. depending on loan/financing tenures from 2 to 5 years.
(iii) 0.50% of the Facility Amount will be deducted upon disbursement for stamp duty payable.
(iv) To enjoy the Pay-On-Time Rebate, please ensure to:
a. Pay your monthly instalment promptly by the due date.
b. Maintain a cumulative daily balance of RM500 in your HLB CASA/HLISB CASA-i (only applicable for loan/financing-i disbursements to HLB CASA/HLISB CASA-i)
Interest/Profit Rate
Our rate is on a flat rate basis
Verified Monthly Income |
Flat Interest/Profit Rate |
Applicable Pay-On-Time Rebate |
Rate after Pay-On-Time Rebate |
||
|---|---|---|---|---|---|
Disbursement to non HLB/HLISB CASA/CASA-i |
Disbursement to HLB/HLISB CASA/CASA-i |
Disbursement to non HLB/HLISB CASA/CASA-i |
Disbursement to HLB/HLISB CASA/CASA-i |
||
RM2,000 – RM7,999 |
9.00% p.a. |
8.50% p.a. |
20% |
7.20% p.a. |
6.80% p.a. |
RM8,000 and above |
60% |
3.60% p.a. |
3.40% p.a. |
||
RM8,000 and above |
N.A. |
5.00% p.a. |
N.A. |
N.A. |
N.A. |
(i) Effective interest/profit rate applicable to flat rate of 5.00% p.a. vary from 9.15% p.a. to 9.32% p.a. depending on loan/financing tenures from 2 to 5 years.
(ii) Effective interest/profit rate applicable to flat rate of 8.50% p.a. vary from 14.92% p.a. to 15.55% p.a. depending on loan/financing tenures from 2 to 5 years.
(iii) Effective interest/profit rate applicable to flat rate of 9.00% p.a. vary from 15.71% p.a. to 16.43% p.a. depending on loan/financing tenures from 2 to 5 years.
(iv) 0.50% of the Facility Amount will be deducted upon disbursement for stamp duty payable.
(v) To enjoy the Pay-On-Time Rebate, please ensure to:
a. Pay your monthly instalment promptly by the due date.
b. Maintain a cumulative daily balance of RM3,000 in your HLB CASA/HLISB CASA-i (only applicable for loan/financing-i disbursements to HLB CASA/HLISB CASA-i) for the first 13 months of instalment.
Enjoy up to 60% interest/profit rebate when you pay on time!
For example, you are a salaried customer with a verified monthly income of RM8,000 and above, and your financing is disbursed to an HLB CASA/HLISB CASA-i. The applicable interest/profit rate is 9.00% p.a. and your total approved facility amount is RM100,000 for a financing tenure of 5 years. You also qualify for 60% Pay-On-Time Rebate. The above example is illustrated below:
- 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 is RM150,000 for Personal Financing-i
- Facility tenures from 2 to 5 years
Visit HLB/HLISB nearest branch today.