HSBC Amanah Personal Financing-i

  • Loan amount up to 6k-150k
  • Tenure2-5 Years
  • Age 21-60 Years
  • Min Income 36k
  • Gov. Employee, GLC & Private sector
  • A few business days

Borrow RM Monthly Repayment
RM


Interest Rate

%
How Long
My monthly income
As a

HSBC Amanah Personal Financing-i

Hassle-free Islamic financing with no hidden fees, no guarantor, and affordable monthly payment. High financing up to RM150,000 for HSBC customers with RM3,000 minimum salary.

 

    • Financing up to RM150k
    • Up to 5 years tenure
    • Unsecured Islamic Financing

 

How much the bank charges you based on your loan amount & loan period

Financing Value                  Financing Period       Your Income           Profit Rate

RM6000 – RM150000       24 to 60 months         min. RM36000      7% p.a.

 

Fees & Charges

There are always fees but how much are they?

Profit Rate / APR - As low as 7% p.a., depending on financing amount and period

Late Payment Charge - 1% from current outstanding amount

 

Requirements

Are you eligible for this personal financing?

Minimum annual income - RM36000

Minimum age - 21 years old

Maximum age - 60 years old

Who can Apply - Malaysians , Permanent Residents

 

Frequently Asked Questions about HSBC Amanah Personal Financing-i

Things you might want to know

HSBC Amanah Personal Financing-i is a Syariah compliant personal financing plan based on the concept of Commodity Murabahah. Your financing amount can be used for just about everything - pay for your child's college fees, family holiday, or hospital bills.

 

What is the financing amount?

You can finance from RM6,000 up to a maximum of RM150,000 at 7% p.a. for existing HSBC or HSBC Amanah customers. However, new-to-bank applicants can finance up to RM120,000.

Once you have established a credit history by making prompt payment, top-ups to your financing amount can be made in multiples of RM500 (subject to approval).

 

Do I need a guarantor or collateral?

You don’t have to pay a deposit, pledge any collateral, or need to bring along a guarantor for this financing plan.

 

Who is eligible to apply or the HSBC Amanah Personal Financing-i?

Anyone aged between 21 to 60, is a Malaysian or have PR status, and a monthly salary of no less than RM3,000 can apply for this financing.

The monthly salary of RM3,000 will apply to existing HSBC/ HSBC Amanah account holders. Otherwise, the minimum monthly salary required is RM5,000 per month.

 

How soon can I get the financing amount?

HSBC Amanah may take a few working days to process your application. You will get instant cash credited into your account with HSBC Amanah upon approval.

 

How do I pay the monthly payment?

Your payment schedule will be handed to you when your financing plan has been approved.

You will be required to open a savings or current account with HSBC Amanah, as the bank would prefer you to have a standing instruction to automatically deduct the monthly payment from the account - that way, you'll never be late!

 

Can I settle my financing early?

Yes, you can make early settlement at any point of time during the financing period. No penalty is imposed on the early settlement. However, HSBCwould require a 1 month notice.

 

What do I need to apply for HSBC Amanah Personal Financing-i?

If you are salaried, you will need the following documents:

 

Fixed Income

Variable Income

  • Copy of your Identification Card

Submit ANY one of the following:-

  • Photocopy of current or previous month’s payslip or bank statement showing at least 3 months salary credit into account
  • Photocopy of latest Form BE with tax payment receipt attached, EA orEPF statement
  • Photocopy of appointment (if employed less than 3 months)
  • Copy of your Identification Card

Submit ANY one of the following:-

  • Photocopy of latest 3 months payslip or bank statement showing at least 3 months salary credit into account
  • Photocopy of latest Form BE with tax payment receipt attached or latest EPFstatement or Yearly Commission Statement from employer

If you are self-employed, you are required to prepare the following documents:

 

Self-employed

  • Copy of your Identification Card

Submit ANY one of the following:-

  • Photocopy of latest Form B with tax payment receipt or CP02 attached or the latest EPF statement
  • Photocopy of audited financial statement or Profit and Loss account
  • Photocopy of your Business Registration form

HSBC reserves the right to request for additional income document as deemed necessary.