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 above
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

 
  New Vehicles Used Vehicles
Stamp Duties (Hirer)
Stamp Duties:
RM 10
Stamp Duties:
RM 10
Stamp Duties (Guarantor)
Stamp Duties (Guarantor):
RM 10
Stamp Duties (Guarantor):
RM 10
Late Payment Fee
Late Payment Fee:
1% on outstanding amount
Late Payment Fee:
1% on outstanding amount
Ownership, registration and handling charges RM3 RM3
Supplemental Agreement/ Letter of Set-Off/ Charge over Cash Deposit/ Assignment Agreement RM 10
RM2.00 per page
RM 10
RM2.00 per page
Duplicate HP agreement/ Duplicate AP Documents/ Invoice/ Insurance Cover Note/ Puspakom report/ Guarantee agreement RM 10
RM2.00 per page
RM 10
RM2.00 per page
Duplicate registration card/ vehicle ownership claim (VOC) RM 10 RM 10
Consent letter to Authorities - transfer of vehicle to East M’sia or vice versa RM20.00 per request RM20.00 per request
Transfer of vehicle fees  N/A RM150
JPJ Runner fees  N/A Up to
RM100