HSBC Amanah Personal Financing-i
Shariah-compliant financing up to RM250,000, with profit rates from 4.88% p.a.
Calculate your monthly repayment
Fees and Charges
Eligibility
- Permanent residents
- Salaried employee
- Self-employed
- A copy of your IC (both sides)
- Latest EPF statement
- Latest 3 months salary slip
- Latest commission statement
- Latest 3 months bank statement
- Latest Form BE with official tax payment receipt
- A copy of your IC (both sides)
- Your business registration form/valid trading license
- Latest 6 months bank statement
- Latest EPF statement
- Form B with tax payment receipt or CP02 attached
Financing Repayment Table
| Financing Amount | Financing Tenure | Min. Income | Profit Rate |
|---|---|---|---|
| RM 6,000 - RM 250,000 | 24 - 84 months | min. RM 102,000 | 4.88% p.a. - 10.75% p.a. |
Terms and Conditions
Product Review by CompareHero
What makes HSBC Amanah Personal Financing-i different?
HSBC Amanah offers two pricing tiers for HSBC Amanah Personal Financing-i, depending on whether the applicant already banks with HSBC.
HSBC Amanah Personal Financing-i is a Shariah-compliant financing plan. Once approved, the money is disbursed almost right away, with no collateral or guarantor needed.
Existing HSBC Amanah account holders earning at least RM8,500 a month can borrow between RM6,000 and RM250,000 under HSBC Amanah Personal Financing-i, over a tenure of up to 7 years, at profit rates from 4.88% to 10.75% per annum.
Applicants with an existing HSBC or HSBC Amanah Premier account, and at least RM300,000 in total relationship balance, can access the same HSBC Amanah Personal Financing-i financing range at a flat profit rate of 4.88% per annum, with monthly payments starting from RM124. This tier is not eligible for the Premier Perks@Work programme.
How much can be financed under HSBC Amanah Personal Financing-i?
The exact amount and rate for HSBC Amanah Personal Financing-i depend on income, tenure, and the financing amount chosen.
Financing ranges from RM6,000 to RM250,000, over a tenure of 24 to 84 months. Profit rates range from 4.88% to 10.75% per annum, depending on the financing amount, tenure, and the applicant's annual income.
What fees or charges apply to HSBC Amanah Personal Financing-i?
HSBC Amanah Personal Financing-i doesn't charge processing or stamp duty fees.
- Processing fee: none
- Stamp duty: none
- Early termination fee: none
- Late payment fee: 1% on the outstanding amount
What is the monthly payment for HSBC Amanah Personal Financing-i?
Repayments for HSBC Amanah Personal Financing-i are usually deducted automatically from an HSBC Amanah account.
The monthly payment depends on the financing amount, tenure, and profit rate. It can be as low as RM124, based on a 5-year tenure and a financing amount of RM6,000.
Applicants need to open a Savings or Current Account with HSBC Amanah, since the bank prefers to deduct payments automatically through Standing Instruction. A 1% late payment fee applies if an instalment isn't paid on time.
Can HSBC Amanah Personal Financing-i be settled early?
Early settlement of HSBC Amanah Personal Financing-i is allowed, but a notice period applies.
Yes, at any point during the tenure, with no penalty. Applicants just need to give HSBC Amanah 1 month's written notice first.
Who can apply for HSBC Amanah Personal Financing-i?
Eligibility for HSBC Amanah Personal Financing-i comes down to citizenship or residency, age, and income.
Malaysians with a valid IC, or permanent residents, aged 21 to 60, with a minimum monthly income of RM8,500 (RM102,000 a year), can apply.
What documents are needed to apply for HSBC Amanah Personal Financing-i?
The documents required for HSBC Amanah Personal Financing-i differ by employment status.
Salaried employees or commission earners:
- Copy of MyKad (both sides)
- Latest original EPF statement, plus one of: latest 3 months' pay slips, latest commission statement, latest 3 months' bank statements, or latest Form BE with tax payment receipt
Self-employed:
- Copy of MyKad (both sides)
- Business registration form or valid trading licence, plus one of: latest 6 months' bank statements, latest original EPF statement, or Form B with tax payment receipt / CP02 attached
Foreign passport holders:
- Must work for a multinational, public-listed, government, semi-government company, or an HSBC corporate lending employer
- Copy of passport
- Work permit valid for at least 1 year at the time of application
- Letter of employment confirmation from the employer
- Latest 3 months' salary slip or bank statement
HSBC may ask for extra income documents if needed.
Can someone with a poor credit history apply for HSBC Amanah Personal Financing-i?
CCRIS and CTOS work differently, even though they're often mentioned together.
Credit history with other banks and lenders plays a role in the HSBC Amanah Personal Financing-i approval decision. CCRIS records a borrower's credit facilities, such as outstanding credit cards, personal loans, home loans, and car loans, along with how well they've been repaid. CTOS is a separate agency that pulls together similar financial information, often using CCRIS data along with other public and legal records, to produce a credit score. Neither one blacklists anyone; they just record repayment history.
Applicants who've had late or missed payments in the past should focus on paying on time going forward. HSBC Amanah is more likely to approve someone who can show they're managing their money responsibly, rather than taking on more debt.