Promotions | Personal Financing-i | 01 July 2024-30 September 2024
*Profit rate of 2.975% p.a. is applicable for customers with a verified monthly income of RM8,000 who have their financing disbursed to their HLISB Current Account-i and/or Savings Account-i (“HLISB CASA-i”), and who are eligible for 65% Pay-On-Time Rebate on flat profit rate of 8.50% p.a.
Profit Rate
Our rate is on a flat rate basis
Verified Monthly Income |
Disbursement to non HLISB CASA-i |
Disbursement to HLISB CASA-i |
||||
|---|---|---|---|---|---|---|
Flat Profit Rate |
Applicable Pay-On-Time Rebate |
Rate after Pay-On-Time Rebate | Flat Profit Rate | Applicable Pay-On-Time Rebate |
Rate after Pay-On-Time Rebate |
|
RM2,000 – RM7,999 |
10.50% p.a. |
20% |
8.40% p.a. | 8.50% p.a. | 20% |
6.80% p.a. |
RM8,000 and above |
55% | 4.725% p.a. | 65% |
2.975% p.a. |
||
(i) Effective profit rate applicable to flat rate of 10.50% p.a. vary from 18.04% p.a. to 19.02% p.a. depending on financing tenures from 2 to 5 years.
(ii) Effective profit rate applicable to flat rate of 8.50% p.a. vary from 14.92% p.a. to 15.55% p.a. depending on financing tenures from 2 to 5 years.
(iii) 0.50% of the Facility Amount will be deducted upon disbursement for stamp duty payable.
(iv) To enjoy the Pay-On-Time Rebate, please ensure to:
a. Pay your monthly instalment promptly by the due date.
b. Maintain a cumulative daily balance of RM500 in your HLISB CASA-i for the first thirteen months from your instalment due date (only applicable for financing-i disbursements to HLISB CASA-i)
Enjoy up to 65% interest/profit rebate when you pay on time!
For example, you are a customer with a verified monthly income of RM8,000 and above and disbursement is to HLISB CASA-i. The applicable profit rate is 8.50% p.a. and your total approved facility amount is RM100,000 for a financing tenure of 5 years. You also qualify for 65% Pay-On-Time Rebate. The above example is illustrated below:
- Malaysian citizens aged between 21 to 60 years old
- Employed or self-employed with minimum annual income of RM24,000
- Minimum financing amount is RM5,000
- Maximum financing amount is RM150,000 for Personal Financing-i
- Facility tenures from 2 to 5 years
Visit HLB/HLISB nearest branch today.
