Hong Leong Bank Personal Loan Reviews and Comparison - Seedly
Seedly logo
Seedly logo
 

Hong Leong Bank Personal Loan

  • Overview
  • Reviews (0)
  • Questions (0)
  • More Details
Personal Loans/Hong Leong Bank Personal Loan

Hong Leong Bank Personal Loan

No rating yet
0 reviews

Plans (5)

Slide 1 of 5
  • Hong Leong Bank Personal Loan (1 Year Tenure)

    11.75%
    EFFECTIVE INTEREST RATE
    4.88%
    FLAT INTEREST RATE
    1.5% of principal amount, subjected to min. of S$100
    PROCESSING FEE
  • Hong Leong Bank Personal Loan (2 Year Tenure)

    10.62%
    EFFECTIVE INTEREST RATE
    4.75%
    FLAT INTEREST RATE
    1.5% of principal amount, subjected to min. of S$100
    PROCESSING FEE
  • Hong Leong Bank Personal Loan (3 Year Tenure)

    10.13%
    EFFECTIVE INTEREST RATE
    4.88%
    FLAT INTEREST RATE
    1.5% of principal amount, subjected to min. of S$100
    PROCESSING FEE
  • Hong Leong Bank Personal Loan (4 Year Tenure)

    9.83%
    EFFECTIVE INTEREST RATE
    4.88%
    FLAT INTEREST RATE
    1.5% of principal amount, subjected to min. of S$100
    PROCESSING FEE
  • Hong Leong Bank Personal Loan (5 Year Tenure)

    9.60%
    EFFECTIVE INTEREST RATE
    4.88%
    FLAT INTEREST RATE
    1.5% of principal amount, subjected to min. of S$100
    PROCESSING FEE

    Hong Leong Bank Personal Loan (1 Year Tenure)

    11.75%
    EFFECTIVE INTEREST RATE
    4.88%
    FLAT INTEREST RATE
    1.5% of principal amount, subjected to min. of S$100
    PROCESSING FEE

Details

About Hong Leong Bank HL Personal Loan

  • Low interest rates from 4.88% p.a. to 8.88% p.a.
  • Effective Interest Rates (EIR) of 10.62% to 17.77% p.a.
  • Borrow up to 4 x your monthly income
  • Tenure of 1 year to 5 years
  • A one-time processing fee of 1.5% on the approved loan amount (or min S$100)
  • Interest charged by the reducing balance method
  • One of the highest loan limits available in Singapore from a minimum of $5,000 to $250,000 maximum.
  • No need for a guarantor
  • Not available for foreigners
  • Heavy penalty for late repayment
Read More about Hong Leong Bank Personal Loan
Reviews (0)

0.0

0 Reviews

  • 5
    0
  • 4
    0
  • 3
    0
  • 2
    0
  • 1
    0

Most Recent

  • Most Helpful
  • Most Recent
  • Low to High
  • High to Low
Most HelpfulMost RecentLow to HighHigh to Low
No reviews found.
Questions (0)

Recent Activity

  • Recent Activity
  • Unanswered
  • Trending
Recent ActivityUnansweredTrending
No questions found.

Interest Rates for Bank of Hong Leong Bank HL Personal Loan

assuming interest rates are 4.88% throughout for a loan amount of S$11,000

Tenure (years)

Interest Rate

Effective Interest Rate (EIR) p.a.

1

4.88%

11.75%

2

4.88%

10.62%

3

4.88%

10.13%

4

4.88%

9.83%

5

4.88%

9.60%

Easily calculate your monthly instalments with the Hong Leong Bank Personal Loan Calculator here under the tab Affordable Monthly Instalments

Features: Pros and Cons of Hong Leong Bank HL Personal Loan

  • Low interest rates from 4.88% p.a. to 8.88% p.a.
  • Effective Interest Rates (EIR) of 10.62% to 17.77% p.a.
  • Borrow up to 4 x your monthly income
  • Tenure of 1 year to 5 years
  • A one-time processing fee of 1.5% on the approved loan amount (or min S$100)
  • Interest charged by the reducing balance method
  • One of the highest loan limits available in Singapore from a minimum of $5,000 to $250,000 maximum.
  • No need for a guarantor
  • Not available for foreigners
  • Heavy penalty for late repayment
  • More details on Hong Leong Bank Personal Loan page.

Other fees: what else to look out for?

  • Overdue/default interest: 5% p.a. + HLBS Prime ( current prime rate is at 5.75% p.a.)
  • Early repayment fee: 3% of the redemption amount

Eligibility: who can apply for HL Bank Personal Loan?

  • Singaporean or Singapore Permanent Resident
  • 21 - 60 years old
  • Minimum annual income of S$30,000

Contact Hong Leong Bank:

Tel: +65 +68180503

Email: Contact Form

Address: 7 Wallich Street, #B1-25 and B1-26 Guoco Tower, Singapore 078884