Hong Leong Personal Loan

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Mach from Hong Leong
2 working days approval !
Lowest monthly installment starting from RM 190.97
Up to RM 250,000 financing available.
Malaysian Citizens only


Hong Leong Personal Loan
From 12% annual interest
Lowest monthly installment starting from RM 133.33
No guarantor and collateral needed
Aged from 21 years to 60 years old
Minimum monthly income of RM 2,000
From 1 year to maximum 5 years tenure
From RM 5,000 to RM 250,000 financing available.
Malaysian Citizens only


Hong Leong personal loan is unsecured which requires no collateral or guarantor. This personal loan comes with 1% monthly interest which is around 12% per annum which is pretty high . The personal loan interest rates are fixed interest which means that the rates would remain for the entire tenure irregardless of changes in Base Rate  from the bank. This would be a double edge sword in which you can enjoy good rates if there are rise in interest rates or you will have to pay the same rate if the Interest Rate goes down. You can get better rates if you have good credit records with higher amount of financing.  Do take in mind that 12% p.a could translate to somewhere 24% p.a. (EIR) which is pretty hefty as compared to other bank’s personal loans in Malaysia. The choice would be yours if you are in desperate need of loan.

You will be able to loan from RM 5,000 to RM 250,000 from 1 to 5 years of repayment. You will need to pay the lowest RM 133.33 monthly repayment for RM 5,000 loan spreaded over 5 years. Hong Leong boast a 48 hours quick approval which is good for those who are in need of a quick loan. The money will be disburse to your account once your loan has been approved. This is a Syariah Islamic compliant based loan


To be eligible for the loan, you will need to be 21 years old to 60 years old by the end of financing while having a minimum monthly wage of   RM 2,000. This loan is only available for Malaysian citizens only.

Charges and fees

Hong Leong requires no processing fees for this loan. However there will Stamp Duty which is based on 0.5% of the amount borrowed. A 1.0% p.a penalty will be charged for any delayed payments. There are no early settlement fees for this loan. There is a 6% GST charge for any service charges of the loan.


The following documents are needed for the loan application

For employed

  • Photocopy IC ( Front & back)
  • Most recent 3 months payslip
  • Most recent EPF statements
  • Most recent bank statement where salary is credited.

For Self employed

  • Photocopy IC ( Front & back)
  • Most recent income tax B/BE form with receipts
  • Copy of Company Registration
  • Most recent EPF statement
  • Most recent Company and Personal bank statement (Minimum 90 days)

Repayment Table

The payment table for this loan is available below