HSBC Malaysia is among the largest international banks with world-class financial services and products including Retail Banking, Wealth Management, Commercial Banking, and Global Banking and Markets.
|profit rate||from 7.50% per annum|
|minimum loan amount||RM50,000|
|maximum loan amount||RM250,000|
|minimum loan duration||24 months or 2 years|
|maximum loan duration||84 months or 7 years|
- For Existing-To-Bank (ETB) customers only
Fees & Charges
|Financing amount||Regular fixed interest rate|
|RM6,000 - RM19,500||12.5% p.a.|
|RM20,000 - RM49,500||11.5% p.a.|
|RM50,000 - RM150,000||10.5% p.a.|
[last updated: 3 July 2020]
|Category||Documents to prepare|
any of the following where necessary
any of the following where necessary
HSBC Bank Malaysia Berhad, or also known as Hongkong and Shanghai Banking Corporation Limited was established in 1884 with its first office located in Penang. The bank soon expanded across the country and it currently employs 4000 Malaysians with over 60 branches nationwide.
HSBC is also in the top 10 largest banks in the world according to assets and market cap. As of now, HSBC’s total assets rank in top 10 biggest banks globally and among top 20 largest public companies in 2016 according to Forbes magazine.
With excellent banking services and financial products, HSBC is among the most trusted financial institutions in Malaysia.
Compare all HSBC personal loans today and apply on CompareHero.
HSBC Amanah Personal Financing-i is a term financing facility with mixed monthly instalments.
It is based on the Commodity Murabahah, an arrangement to buy and sell Syariah compliant commodities.
In this process, all the cost and profit margin are transparent and agreed upon by all parties in the transaction.
The current promotion runs from 15 April 2020 - 30 June 2020. You can apply for an HSBC Amanah Personal Financing-i to enjoy up to RM2,000 Cash Back (2% Cash Back) with exclusive flat rate from as low as 6.75% p.a.
This promo is applicable to Existing-To-Bank (ETB) customers only.
Islamic personal financing follows Islamic banking principles, making it Syariah-compliant.
The loan does not have fixed or floating interest rates or fees (riba/usury) for the loan of the money, as prohibited by the Islamic banking principles.
There is also no concept of compounding interest calculation, therefore late settlement of Islamic personal financing could incur lower charges than conventional personal loans
Yes, all who are eligible can apply for HSBC Amanah Personal Financing-i, regardless whether they are Muslim or non-Muslim.
You need to be 21 years old and above and not more than 60 years old upon the loan maturity date.
Holds a Malaysian citizenship or PR status.
Minimum salary of RM3000 monthly if you are an existing HSBC Amanah customer, or minimum RM5,000 monthly if you are a new-to-bank customer.
Minimum amount - RM6,000
Maximum amount - RM120,000 (for new customers)
Maximum amount - RM150,000 (for existing customers)
Minimum duration - 2 years
Maximum duration - 5 years (for new customers)
Maximum duration - 7 years (for existing customers having a deposit, mortgage or credit card with HSBC Amanah)
The profit rate is different according to the amount of financing required
No, the financing is only for an individual sole account, joint account is not allowed.
None, the processing fee is currently waived.
Yes, early settlement at any point of time during the financing tenure is allowed with 1 month notice period.
No penalty is imposed for early settlement.
No, the instalment amount and the selling price agreed initially is final.
You can make payment via your deposit account. A standing instruction from your deposit account will be established to the facility account at the point of financing disbursement.