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
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
The following are the non-exhaustive list of fees and charges, or visit any of our branches for further information.
| Description/ Service | Charges/ Fees* |
|---|---|
| Agency Fee | Waived |
| Stamp Duty fee |
0.5% of the approved financing amount |
| Early Settlement Notice fe |
N/A |
| Compensation Charges |
|
*Subject to Government Tax, if applicable
| Acceptable Income Documents |
Individual Applicant (Employed) |
Individual Applicant (Self-Employed) |
Private Limited Companies |
|---|---|---|---|
| Latest 3 months’ salary slips |
Latest 6 months’ bank statements or savings passbook |
Latest 3 years’ audited account |
|
| Latest Borang BE (supported by tax payment receipt) |
Latest Borang B (supported by tax payment receipt) |
Latest 6 months’ bank statements |
|
| Latest EPF statement with at least 6 months’ contribution |
Latest 6 months’ commission statements |
Latest Borang B of the directors (supported by tax payment receipts) |
|
| Latest 3 months’ bank statement / saving passbook |
N.A | N.A | |
| Letter of employment |
N.A | N.A |
