Personal Financing-i
Cash you need for the things you want to do
HOW DOES IT BENEFIT YOU
HOW DOES IT BENEFIT YOU
48-hour approval & low monthly instalments
20% cashback on profit
No guarantor or collateral required
HOW DOES IT WORK
HOW DOES IT WORK
1. Check your eligibility
Ensure you meet the eligibility criteria below, then calculate your monthly instalment
Malaysian citizens only
Aged between 21 and 60 years of age
Minimum income of RM24,000 per annum
2. HLISB will carry out multiple sale and purchase transactions
Personal Financing-i is based on Tawarruq principle. By applying, HLISB will purchase a commodity with a price equivalent to your financing amount, and thereafter sell the commodity with a profit to you on deferred payment. Then, you will appoint HLISB as your agent to sell the commodity to a third party to obtain cash for you.
3. The cash will be yours
Pay your monthly instalment to HLISB according to agreed tenure of financing
MORE INFORMATION
| Individual Applicant (Employed) | Individual Applicant (Self-Employed) | ||||
|---|---|---|---|---|---|
| Fixed Income | Variable Income | Sole-Prop / Partnership / Private Limited / Public Listed | |||
| MNC | Non-MNC | MNC | Non-MNC | ||
| Identification Documents | NRIC front and back | NRIC front and back | |||
| 1.Business Registration to proof minimum 2 year Business Operations or 2. Professional/Practicing Certificate and Proof of Business Operating 2 years or 3. Latest 2 years Business License for Sabah/Sarawak. |
|||||
| Acceptable Income Documents | Latest 1 month payslip or | Latest 3 months payslips + 3 months bank statements to prove salary crediting or EPF/CPF or | Latest 6 months payslips or | Latest 6 months salary slips + 6 months bank statements to prove salary crediting/EPF/CPF or | Latest 6 months business bank statements or |
| Latest 3 months personal bank statements (with proof of latest 3 months salary crediting) or | Latest 6 months commissions slips or | Latest 6 months commissions slip + 6 months' bank statements to prove salary crediting or EPF/CPF or | Latest 1 year Form B with payment receipt/latest 2 years BE form with matching payment receipts or | ||
| Latest EPF/CPF statement (with proof of latest 3 months crediting) or | Latest EPF/CPF statement (with proof of latest 3 months crediting) or | Latest EPF/CPF to prove last 6 months crediting or | Latest EPF/CPF (with proof of latest 6 months crediting) or | Latest 6 months EPF contribution (only for Sdn Bhd companies only). | |
| Latest EA form/IR for Malaysians working in Singapore (EA or IR must be dated last 12 months from print out date) or | - | - | - | - | |
| Latest 2 years Form BE with matching payment receipts/Latest 2 years NOA for Malaysians working in Singapore | Latest 2 years Form BE with matching payment receipts/Latest 2 years NOA for Malaysians working in Singapore | Latest 2 years Form BE with matching payment receipts/Latest 2 years NOA for Malaysians working in Singapore | Latest 2 years Form BE with matching payment receipts/Latest 2 years NOA for Malaysians working in Singapore | - | |
| Optional Documents | Rental income (valid Tenancy Agreement with latest 3 months bank statement crediting proof and latest 1 month Utility Bill) | ||||
| Proof of 2 years bonuses | - | ||||
| Cash Investments (FD, Mutual Funds, etc.) | - | ||||
