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Group Consumer Banking > Consumer Financing > Hong Leong Hire Purchase Financing-i
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For more details, please contact Hong Leong Call Centre @ +603-76268899 or visit our nearest HLISB/HLB branches.

Hong Leong Hire Purchase Financing-i

Hong Leong Hire Purchase Financing-i (HP-i) is a scheme, which provides a total car financing package to satisfy your needs. It adopts the Shariah Principle of Al Ijarah Thumma Al-Bai (AITAB). Our comprehensive Islamic Hire Purchase facility would meet the total expected benefits from car buyer like competitive rate, comprehensive motor insurance scheme and convenience renewal of road tax.





Hong Leong Hire Purchase Financing-i Terms

New & Used Vehicles

  Type of Vehicle/
Age of Vehicle		 Margin of Financing Financing Duration
Passenger Cars, MPVs & 4 X 4 vehicles
New Vehicles Up to 90% Up to 108 months
Used Vehicles
(Up to 4 years old) 		Up to 90% Up to 108 months
Used Vehicles
(Up to 7 years old)		 Up to 85% Up to 84 months
Used Vehicles
(8 to 10 years old)		 Up to 80% Up to 84 months
Van Vehicles (Van for all goods carrying vans with GVW/BDM up to 2540kg and passenger carrying vans private registered)
New Vehicles Up to 85% Up to 108 months
Used Vehicles
(Up to 5 years old)		 Up to 80% Up to 84 months
Used Vehicles
(6 to 8 years old)		 Up to 75% Up to 72 months
4 X 4 Pick Up Vehicles
New Vehicles Up to 85% Up to 108 months
Used Vehicles
(Up to 5 years old)		 Up to 80% Up to 84 months
Used Vehicles
(6 to 8 years old)		 Up to 75% Up to 72 months
Commercial Vehicles (Goods carrying vans above 2540kg up to 5000kg, pick-ups and lorries up to 5000kg)
New Vehicles Up to 80% Up to 60 months
Used Vehicles
(Up to 3 years old)		 Up to 70% Up to 36 months
Other Vehicles
Kindly refer to our nearest branches.
Note :  1) Conditions apply.
           2) Terms subject to change without notice.
3) Subject to qualification.

 
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