Enjoy as low as 4% p.a interest with Monday exclusive personal loan promo. Interest applicants must apply from RM 100,000 up to RM 250,000 of financing.

How this works?

Customer would have to apply personal loan with Hong Leong Bank website on Monday between 1st and 14 February 2019. On average the interest charged would be at 8.00% p.a.  which translate to around 14.13% effective interest rates depending on the tenure of the loan.  One would have to apply from RM100,000 to RM 250,000 financing facility.

Rebate

Approved prospects would also enjoy a 50% rebate of their total interest if they paid their loan installments on time.

Above is the example of rebate that would be enjoyed by borrower for a sum of RM 100,000 and financing tenure of 5 years. This rebate period would start at the 8th months of the loan to 55th months of the loan. Qualified rebate borrowers will be notified by the bank on 6th month of their loan tenure based on the mailing address as submitted during the loan application process.

Hong Leong personal financing features a fast 48 hours approval. Application is open to Malaysia citizens between 21 an 60 years old according to loan tenure with no existing personal loan or hold more than 1 facilities with Hong Leong bank.  The minimum eligible monthly salary is RM 2,000. All installment would be rounded to the nearest RM5.

Charges

There is a 0.50% stamp study fees based on the loan amount.