Well I don't recommend the Hong Leong Bank for everything banking, even for the mortgage loan.

I tell you guys why, please don't take those reason seriously.

1. Online Banking: I hate Hong Leong Connect online banking, when it comes to shows transaction history, what the hell is this?! They spilt between banking account and debit card transactions history! Look, banking account transaction shows on normal transaction history, but debit card transactions shows on a separate transaction history called "debit card transactions history"! My maybank online banking don't have those issues so far, all banking and debit card transactions always shows in just single transaction history, not a separate ones.

2. Cash withdrawal and account linking: Hong Leong Bank accounts and debit card has some problems, when only one account (i mean one pay & save account) linked to a single debit card, when it comes to withdrawal, a pay & save savings account shows as current account, not a savings account?! WTF?! I through it was a savings account! This is so weird! And when i use the hlb debit card with one pay & save account linked to withdrawal cash at any meps atm, I had need to choose current, not savings. Stupid! My maybank debit card has 1 savings account linked, but when withdraw cash at any meps atm, I only need to choose savings, not current, no problem. I still have Hong Leong bank debit card and banking account because my mom still forced me to use that bank so i don't have a chance to do that but luckily I'm now stop using Hong Leong bank debit card and banking account unless i went to HLB branch to deposit my cash and then use hlb online banking or atm to transfer my money from HLB to Maybank.

3. Cash deposit machine: As I said, Hong Leong bank has a worst cash deposit machine I ever seen! it keeps out of service in all branches consistently! This is so stupid! Of course when I went to HLB branch alma, I saw there is too long queue because of two machines has some differences, only 1 machine works and 1 machine still maintenance.

That's all the reason why I don't want to recommend Hong Leong bank for everything, even for loans and credit cards! If you don't care about banking experience, by all means go for HLB, but for lot of people, I would recommend the others malaysian bank such as maybank, cimb, public bank and rhb for everything banking.

hi All

i have a question about semi flexi house loan Hong Leong bank. Let say my loan is 400k and i decided to pump in an amount RM100k into advance payment, will it reduces my interest rate on monthly basic? or should i do partially settlement?

which one is better?

Yes for the RM100k that you pumped in will reduce principal hence reduce interest

you mean pump 100k into advance payment can reduce principal and interest?

you mean pump 100k into advance payment can reduce principal and interest?

Any advance payment need to write in to inform HLB first before we can do so right?  As I paid extra using online transfer to my bank account but end up it shown as excess payment instead of offset the principal. Anyone can enlighten? Thanks

Any advance payment need to write in to inform HLB first before we can do so right?  As I paid extra using online transfer to my bank account but end up it shown as excess payment instead of offset the principal. Anyone can enlighten? Thanks

This what i understand from loan officer below.
If it full flexi, you may place it at current account to reduce interest. This is an example in link below how it helps to reduce your daily interest daily.

https://www.hlb.com.my/en/personal-banking/...tgage-plus.html

for some bank which do not have separate current account. Then they deposit directly into loan account. Same concept.

If you insist on advance payment direct on loan account (reduce principal) Then you must only do it through counter. Otherwise, i think additional amount on monthly installment does not goes to reduce interest or principal. It will just collecting there and auto-deduct for next installment.

actually hlb increase their base rate from 4.03 to 4.13 in january 2019. i as one of their house loan borrower didnt get inform about the raise of the br. even the recent 0.25 drop also didnt inform.

borrow 500k, now still at 4.4%, public bank already offer at 4.15%.

They can appeal for you isn’t it ? Just give them sometime to appeal for you?

Hello sifus. I want to ask about this HL semi flexi loan. Property still in construction so now still paying interest. But I always received the statement after the payment due date. May I know how do we know how much interest to pay each months to avoid late charges if the statement balance always come after the payment due date?

Hello sifus. I want to ask about this HL semi flexi loan. Property still in construction so now still paying interest. But I always received the statement after the payment due date. May I know how do we know how much interest to pay each months to avoid late charges if the statement balance always come after the payment due date?

I got from CIMB -2.2    So low meh? Others bank offer -2.3 and -2.35, but still not sure.
How is HLB full flex? Any one taking such loan?

I got one full flex with HLB, 4.05%, every month RM10 for the fee

I got one full flex with HLB, 4.05%, every month RM10 for the fee