Apply for Islamic Auto Financing-i by Hong Leong Bank Islamic - Apply online!

Apply online for Hong Leong Bank Islamic Auto Financing-i. Get car loan for interest rate as low as 2.63%.Find the lowest rate and save more on your monthly repayments!

  • Minimum Monthly Salary RM 2,000
  • Minimum Loan Amount RM 10,000
Islamic Auto Financing-i
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Product Details


Interest rate

Interest Rate

Condition Origin Maximum Tenure Margin Of Finance Interest Rate
Condition:
New
Origin:
Local
Maximum Tenure:
9 years
Margin Of Finance:
90%
Interest Rate:
2.63% and above
Condition:
New
Origin:
Foreign
Maximum Tenure:
9 years
Margin Of Finance:
90%
Interest Rate:
2.63% and ae
Requirements

Requirements

Minimum Annual Income
Minimum Annual Income:
RM 24,000
Minimum Age
Minimum Age:
21 years old
Maximum Age
Maximum Age:
70 years old
Fees and charges

Fees and Charges

 
Description New Vehicles Used Vehicles
Stamp Duties (Guarantor) RM 10.00 RM 10.00
Late Payment Fee 1% on outstanding amount 1% on outstanding amount
Ownership, registration and handling charges RM3.00 RM3.00
Supplemental Agreement/ Letter of Set-Off/ Charge over Cash Deposit/ Assignment Agreement RM 10.00 RM 10.00
Duplicate HP agreement/ Duplicate AP Documents/ Invoice/ Insurance Cover Note/ Puspakom report/ Guarantee agreement RM 10.00 RM 10.00
Duplicate registration card/ vehicle ownership claim (VOC) RM 10.00 RM 10.00
Consent letter to Authorities - transfer of vehicle to East M’sia or vice versa RM 20.00 RM 20.00
Transfer of vehicle fees  N/A RM150
JPJ Runner fees  N/A Up to
RM100