In Malaysia’s crowded personal financing market, the Hong Leong Bank Personal Loan stands out by combining a high borrowing limit with a 20% cashback on interest paid, a feature few competing products offer.
Hong Leong Bank Personal Loan: best loan for large expenses without collateral
Because no collateral or guarantor is required, approval hinges on the applicant’s income and profile rather than what they own, which speeds up the process considerably for salaried Malaysians.
The 20% cashback on interest paid effectively lowers the total cost of borrowing, while a repayment tenure of up to 5 years keeps monthly instalments manageable, example instalments start from as low as RM110* a month.
Should I get a personal loan from Hong Leong Bank?
Hong Leong Bank enters 2026 fresh off being named Best Managed Bank in Malaysia at The Asian Banker Global Leadership Achievement Awards, recognition tied to its ongoing digital transformation and operational efficiency push.
For borrowers who value a straightforward, unsecured loan with a nationwide branch network plus HLB Connect Online Banking for digital applications, Hong Leong Bank offers a well-established, reputable option worth comparing against other Malaysian banks.
How to get a loan from Hong Leong Bank?
To get the Hong Leong Bank Personal Loan, you need to:
- Be a Malaysian citizen aged between 21 and 60 years old
- Earn a minimum annual income of RM24,000
- Have your identification and income documents ready for submission
Apply for the loan:
- Choose a channel: an HLB branch, the official HLB website, or HLB Connect Online Banking
- Submit your application along with the required documents
- Decide whether to add optional Takaful coverage from Hong Leong MSIG Takaful Berhad
- Wait for the bank’s approval decision and, once approved, receive the funds
FAQ
1. Can I get a loan from Hong Leong Bank without a job?
The published eligibility criteria require a minimum annual income of RM24,000, so applicants need a verifiable income source; the loan is not designed for applicants with no income at all.
2. How much will I get approved for on the Hong Leong Bank Personal Loan?
The loan offers financing up to RM250,000, but the exact amount approved depends on the applicant’s income, credit profile, and the bank’s assessment — not everyone will qualify for the maximum amount.
3. How do I pay off the Hong Leong Bank Personal Loan?
Repayment is structured as fixed monthly instalments over the chosen tenure, up to a maximum of 5 years, with instalments starting from as low as RM110* per month.
4. How do I cancel a loan application with Hong Leong Bank?
Applicants who wish to cancel or withdraw a pending application should contact Hong Leong Bank directly — either at the branch where the application was submitted or through HLB customer service — before the loan is disbursed.