Features & Benefits
Multiply Your Investment Power
- Up to 2.5 times your trading limit
- Up to a maximum of 2.5 times against Cash/Fixed Deposits
- Need not sell existing investments or withdraw existing deposits
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- Up to 2.5 times your trading limit
- Up to a maximum of 2.5 times against Cash/Fixed Deposits
- Need not sell existing investments or withdraw existing deposits
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Collateral Accepted
- Cash / Fixed Deposits pledged to Hong Leong Bank.
- Acceptable quoted shares on BURSA Malaysia Main and ACE Market.
- Selected Unit Trust funds distributed by Hong Leong Bank.
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- Cash / Fixed Deposits pledged to Hong Leong Bank.
- Acceptable quoted shares on BURSA Malaysia Main and ACE Market.
- Selected Unit Trust funds distributed by Hong Leong Bank.
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High Margin of Financing
Up to 60% margin of financing
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Up to 60% margin of financing
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Flexible Repayment
- No fixed repayment is required provided there is no Margin Call. Interest on outstanding balance is capitalized on a monthly basis.
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- No fixed repayment is required provided there is no Margin Call. Interest on outstanding balance is capitalized on a monthly basis.
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Eligibility
- Individuals aged between 18 to 70, and
- Malaysian or
- Malaysian with Permanent Residency of a country outside Malaysia, and stays more than 182 days per calendar year in Malaysia, or
- Non-Malaysian with Permanent Residency in Malaysia, and stays more than 182 days per calendar year in Malaysia.
- Investment holding companies incorporated/registered in Malaysia or approved by Malaysian authority.
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- Individuals aged between 18 to 70, and
- Malaysian or
- Malaysian with Permanent Residency of a country outside Malaysia, and stays more than 182 days per calendar year in Malaysia, or
- Non-Malaysian with Permanent Residency in Malaysia, and stays more than 182 days per calendar year in Malaysia.
- Investment holding companies incorporated/registered in Malaysia or approved by Malaysian authority.
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Low cost of Financing
- Competitive interest rate
- No rollover fees
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- Competitive interest rate
- No rollover fees
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Cash Drawdown
- SMF loan allows you to perform a cash drawdown for the purchase of shares listed on Bursa Malaysia and share related advances.
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- SMF loan allows you to perform a cash drawdown for the purchase of shares listed on Bursa Malaysia and share related advances.
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Extensive List of Panel Brokerage Firms
- Wide range of panel stock broking partners to suit your investment needs.
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- Wide range of panel stock broking partners to suit your investment needs.
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Click here for the non-exhaustive list of fees and charges, or visit any of our branches for further information.
Q: Do I have to trade with specific brokerage firms?
A: Yes, Hong Leong Bank has a comprehensive list of licensed brokerage firms in Malaysia. You can either open a new share trading account or continue to use your existing share trading account with your brokerage firm as long as it is on our panel.
Q: How do I qualify for the SMF Loan Application?
A: Hong Leong Bank 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’s requirements.
Q: What documents do I need to submit to Hong Leong Bank?
A: Applicants are required to furnish the following documents:
Individual
- Fully completed Asset Financing Application Form
- Customer Information Form (CIF Form)
- Copy of NRIC (front and back)
- Latest 2 yrs complete set of income tax with tax return (eg: B/ BE) OR Latest 2 yrs of EA form for PLC / MNC / GLC employee OR Latest 3 month salary slip with latest 3 months bank statement / EPF statement on the salary / PCB crediting
- Tenancy agreement, latest utilities bill which show applicant name & latest 3 months bank statement which show the rental crediting. (if any)
- MCD Statement / Online Shares Portfolio (if any)
- Additional income documents / information (if required)
Corporate (Investment Holding Company only)
- Pure Investment holding company (no commercial operating / trading activities)
- Company with RM 2.00 paid up capital is not acceptable
- All Directors’ must be become personal guarantee
- Fully completed AFS Application Form
- Consent for Disclosure of Credit Info Form (Appendix II) - Directors
- Customer Information Form – Entity / Company
- Customer Information Form - Directors; each copy
- Declaration of UBO
- Memorandum & Article of Association
- Form 9, 24, 44, 49 & annual return
- Latest 2 years audited accounts
- Latest 3 months company bank statement
- NRIC of directors and guarantor
- Guarantor’ income evidences (eg: EA form / Borang B / 3 months bank statement & etc)
- Latest Margin Statement (if any)
- Latest MCD statement (if any)
- Additional income doc / info (if required)
Documents required after approval:
- Company board Resolution (after approval)
- Form 34 & 40 (after approval)
Q: How long is the approval valid for?
A: Approval is valid for 14 days. However, Hong Leong Bank 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 limit and approved margin of financing.
Q: Is there any credit limit for SMF application?
A: The minimum loan size is RM 50K per customer, whilst the maximum is subject Management approval.
You may contact us at:
03-2081 1672
03-2081 1678
03-2081 8770
Alternatively, please email us at:- hlbbsmfdept@hlbb.hongleong.com.my
