Hong Leong Islamic Personal Financing-i
| Pay | Profit Rate | Max. Financing Amount | Total payment |
| RM 917 / mth | 10.00% p.a. | RM 150,000 | RM 11,000 |
| Pay | Profit Rate | Max. Financing Amount | Total payment |
| RM 917 / mth | 10.00% p.a. | RM 150,000 | RM 11,000 |
After been rejected by 4 banks…Finally my personal loan get approved!!! thanks to Ms.Karen (Hong Leong) Mach application via online… easy and fast!!! Love It!
Hong Leong’s Islamic Personal Financing-i is a Shariah-compliant loan designed for individuals with low income. It provides financing with affordable repayment terms and a fixed interest rate.
| Feature | Details |
|---|---|
| Profit Rate | 10.00% p.a. (Fixed at 1.00% per month) |
| Financing Amount | Minimum: RM5,000 Maximum: RM150,000 |
| Approval Duration | Up to 2 business days (48 hours) |
| Repayment Period | Maximum financing tenure is 7 years |
| Example | Loan Amount: RM5,000 Monthly Repayment: RM458 Total Payment: RM5,500 |
| Total Profit Payable | RM500 (for RM5,000 loan) |
| Late Payment Charges | 1% on the outstanding loan amount |
| Early Settlement | Not available |
| Debt Consolidation | Not available |
| Fee | Amount |
|---|---|
| Processing Fees | RM15 |
| Stamp Duty | 0.5% of the loan amount |
| Late Payment Charges | 1% of the outstanding loan amount per annum and arrears |
For a RM5,000 loan over 1 year at 10% p.a. (1% per month):
Hong Leong’s Islamic Personal Financing-i is ideal for individuals looking for an affordable personal loan, with fixed interest rates and flexible terms. It is suitable for those who meet the minimum salary requirement of RM2,000, and the loan approval process is quick, within 2 business days. However, note that early settlement is not available, and there is a processing fee of RM15.