Everyone needs a car in this fast paced world and to get one you need to plan and save substantially. Going for car loans is the easiest way to buy a new car of your choice as it provides you with the upfront amount you need for buying the car. Hong Leong Finance offers you flexible tenure to repay your loans at lower rates of interest and has an efficient approval process.
Atleast 21 years old
Above 21 years
Salaried or self-employed
with regular income
Earn more than the minimum
Maximum Loan up to 70%
EMIs of other loans lower
Pay off your credit card bills
Choose longer tenure loan up to 7 years
|Margin of Finance||Upto 70% of the purchase price|
|Loan Tenure||1 year to 7 years|
|Guarantor Requirement||Guarantor is required for foreigners|
Hong Leong Finance (HLF) is the largest finance company in Singapore and has a network of 28 branches. In the year 1974, HLF was listed on the Singapore Stock Exchange and since then, it has been offering financial products and services as part of Hong Leong Group Singapore. HLF helps several SMEs with customized financing solutions which enables them to become fully functional in the corporate sector.
High loan amount - Avail up to 60% of the valuation or purchase amount, whichever is higher.
Flexible loan tenure – A loan tenure of 7 years make it easy for you to repay the amount at significantly lower instalments.
Efficient Approval Process – The process of loan approval is pretty fast and effective.
The interest rates remains same throughout the tenure but the effective rates change every year. For the first year, the interest rate is 2.78% and the effective rate is 5.81%. However, the effective rates for the second, third, fourth and fifth year are 5.51, 5.39, 5.31 and 5.24 percent, respectively.
The effective rate and monthly instalments can be computed by using the loan calculator. This helps you to plan before you apply for a loan.
Nissan has presented the gymnastics sensation Max Whitlock with the all gold, 100% electric Nissan leaf as a token of appreciation for bringing home two gold medals at the RIO 2016 Olympic games.Whitlock will be presented with the keys to a Nissan Leaf completely wrapped in bright gold on his return to the U.K. Max Whitlock is the first individual from the Team Great Britain athletes to be presented with this limited edition model. Nissan is the official automotive partner of Team GB and Paralympics GB and will present the athletes of the same with the new Nissan Leaf.
22nd August 2016