Hong Leong Islamic Personal Financing-i

Hong Leong Bank Berhad


Financing Amount: RM5000 – RM250000
Financing Tenure: 2 to 5 Years
Profit Rate: 12.50% p.a – 12.50% p.a
Loan Features: Fast Approval, Islamic, Unsecured
Employment: Government Employee, Private Sector Employee, Self Employed
Minimum Yearly Income: RM24000
Age Eligibility: 21 to 60 Years Old
Debt Consolidation: No
Hong Leong Islamic Personal Financing-i

Hong Leong Islamic Personal Financing-i is an unsecured Islamic personal loan by Hong Leong Islamic Bank. Hong Leong Islamic Bank is a division of Hong Leong Bank Berhad. This Shariah-compliant personal financing plan from Hong Leong offers several features such as high financing amount and 48 hours of loan approval. Hong Leong Islamic Personal Financing-i is available to the private sector employee and self-employed.

Hong Leong Islamic Personal Financing-i Features

Some of the features offered by Hong Leong Islamic Bank through their Hong Leong Islamic Personal Financing-i includes:

  • Flexible financing amount
    Financing amount start from RM5,000 to RM250,000.
  • Flexible financing tenure
    Financing tenure for Hong Leong Personal Financing-i start from 2 years up to 5 years.
  • Fixed profit rates
    Hong Leong Personal Financing-i has a fixed profit rate of 12.50% p.a.
  • Fast Approval
    Hong Leong Islamic only takes 48 hours approval after application.
  • No processing fee and stamp duty charge
    Unlike other bank personal loan in Malaysia, Hong Leong Islamic will not charge any processing fee or stamp duty upon loan approval.
  • No early settlement charges
    There is no early settlement charges if you decide to pay the full amount earlier than the agreed tenure.
  • Optional Takaful coverage
    Hong Leong Islamic offer Takaful Insurance coverage as optional.

Requirements & Eligibility

Below are the requirements for Hong Leong Islamic Personal Financing-i.

General requirements

  • Malaysian PR
  • Age between 21 and 60 years old.
  • Minimum monthly income is RM2,000, or minimum annual income is RM24,000.
  • Not blacklisted by AEON or any other banks in Malaysia.
  • Not under Special Attention Account (SAA) – Pemerhatian Khas.
  • Not under the Debt Management Programme by AKPK.

For private employee

  • Have been working for more than 6 months with the employee.
  • Able to provide 6 months or more EPF statement.

For self-employed

  • Registered business with Suruhanjaya Syarikat Malaysia (SSM) for more than 1 year.
  • Registered bank’s current account.

Not eligible to apply?

If you didn't meet the requirements to apply, you can use our "Check Eligibity Form" to find the best personal financing plan for you.

Documents Needed

Since Hong Leong Islamic Personal Financing-i is open to public sector, private sector, and self-employed – document varies according to qualifications.

Salaried Employee

  1. Copy of NRIC (front and back).
  2. Latest 3 months salary slips.
  3. Latest 3 months bank account statement (salary credited).
  4. Latest 6 months EPF(KWSP) statement.

Self-Employed

  1. Copy of NRIC (front and back).
  2. Business Registration Certificate.
  3. Latest 6 months current account statements
  4. Latest BE Form/BE e-Form with valid tax payment receipt.

Repayment Schedule/Table

We are still updating the installment/repayment table for Hong Leong Islamic Personal Financing-i. Sorry for the inconvenience.

Charges & Fees

As have been stated earlier, Hong Leong Islamic does not impose any processing fee, stamp duty fee and early termination fee for this loan. However, there is a late payment charge of 1% from current outstanding amount.

How to Apply

Important!

Before applying, make sure you have read the Requirements & Eligibility section above. There's no point in applying if you are not eligible to apply for this loan.

You can apply for Hong Leong Islamic Personal Financing-i by visiting any of Hong Leong Bank Berhad branch.

You can also apply online from the comfort of your home or office using iMoney service. It’s free and in some cases you will get quicker result with higher approval rate. Read more below.

Apply Hong Leong Islamic Personal Financing-i with iMoney

Do you know you can apply Hong Leong Islamic Personal Financing-i through iMoney? The process is 100% online without you having to leave your office or home.

Just submit your name, phone number and iMoney will call you within 24 hours and guide you step by step through the application process. And their service are 100% Free of Charge.

If you would like a hassle-free Hong Leong Islamic Personal Financing-i application, give iMoney a try. Click APPLY NOW button and apply for Hong Leong Islamic Personal Financing-i through iMoney right now.

You will be redirected to iMoney website. On the website, choose Hong Leong Islamic Personal Financing-i and click Apply Now to proceed with your application.

Hong Leong Islamic Personal Financing-i Review

Hong Leong Islamic Personal Financing-i is an attractive Islamic personal loan from Hong Leong Islamic. Available to private sector employee, government and GLC employee, and self-employed, this personal loan plan is one of the most flexible Islamic personal loans in Malaysia. The maximum financing amount is RM250,000 – which is suitable for those looking for high financing amount. Another attractive feature of Hong Leong Personal Financing-i is loan approval within 48 hours after application. The only disadvantage of this loan is minimum financing amount only start from RM5,000 – making it not suitable for someone looking for minimum financing.

Hong Leong Islamic Personal Financing-i

Pros

  • 48 hours of loan approval.
  • High financing amounts up to RM250,000.
  • No processing fees.
  • No duty stamp charge.
  • No early settlement fees.
  • Optional Takaful coverage.

Cons

  • Minimum financing amount only starts from RM5,000.
  • Maximum financing tenure of only 5 years.

Our Rating

4

Out of 5

Frequently Ask Questions on Hong Leong Islamic Personal Financing-i

Below are some of the frequently ask question regarding Hong Leong Islamic Personal Financing-i

What is Hong Leong Islamic Personal Financing-i?

Hong Leong Islamic Personal Financing-i an Islamic Personal Financing plan from Hong Leong Bank Berhad.

Who can apply for Hong Leong Islamic Personal Financing-i?

Hong Leong Islamic Personal Financing-i is offered to Malaysian Citizen aged between 21 and 60, working in the Public Sector, Private Sector, Self Employed with a minimum annual income of RM24000. Please refer to the “Requirements and Eligibility section” for the complete requirements.

How much can I borrow from Hong Leong Islamic Personal Financing-i?

You can borrow from RM5000 up to RM250000. However, final approval amount will depends on several factor such as your income, credit score, etc.

How long is the financing tenure?

Hong Leong Islamic Personal Financing-i offer a financing tenure from 2 to 5 years. However, maximum financing tenure will depends on Hong Leong Bank Berhad final decision.

How can I apply for Hong Leong Islamic Personal Financing-i?

Please refer to the “How to Apply Section” above.

How long do I have to wait for result?

Usually you will get your Hong Leong Islamic Personal Financing-i application’s result in 48 hours after you have submitted the required documents.

How much do I have to pay every month?

Please refer to the “Loan Repayment Schedule” above.

Can I apply Hong Leong Islamic Personal Financing-i for Debt Consolidation?

No, this loan is not available for debt consolidation.

Can I apply if I am blacklisted in my CTOS report?

Sorry, you can’t apply for Hong Leong Islamic Personal Financing-i if you are blacklisted in your CTOS report. However, if you are blacklisted by non-financial institution such as telecommunication companies, easy payment scheme, etc, you are eligible to apply.

Can I apply if I have a bad credit score in my CCRIS report?

Sorry, you are not eligible to apply for Hong Leong Islamic Personal Financing-i if you have outstanding credit in your CCRIS report.

Can I apply if I’m under AKPK Debt Management Programme?

Unfortunately no. You cannot apply any bank loans if you are under the AKPK Debt Management Programme.

I have other questions regarding Hong Leong Islamic Personal Financing-i

Please leave your question in the comment section below. We will reply to them as soon as possible.

Got Questions Regarding Hong Leong Islamic Personal Financing-i?

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