Hong Leong Islamic Current Account One-i

A unique, integrated Hong Leong Bank savings and checking account which allows you to earn high profits on minimum balance. Zero charge on OTC visits.

Hong Leong Islamic Current Account One-iHigh Profit Return
Profit Rate
0.05% to 0.3% p.a.
Account Type
Islamic
Service Charge
RM5
Min. Deposit
RM500
Phone Banking
Available
Account Statement
Available

Profit Rate

What you earn based on the amount that you have in your account

Min. AmountMax. AmountProfit Rate
RM100,001RM500,0000.05% p.a.
RM500,001No maximum0.3% p.a.

Features

What would make it different?

Online Banking
HongLeong Connect
Mobile App
PIDM Protected
Up to RM250,000

Fees & Charges

Service Charge
RM5 monthly waived with monthly average balance of RM1,000
MEPS Withdrawal Fee
RM1
Early Closure Fee
RM20
Dishonoured Cheque Fee
RM150
Stop Payment Cheque Fee
RM10

Requirements

Minimum Age
  • 18 years old
Minimum Initial Deposit
RM500
Who can apply
  • Malaysians

More Information

What is Hong Leong Islamic Current Account One-i about?

This current account adopts the Shariah principle of Tawarruq, i.e. an arrangement consists of multiple sales and transactions.

Your profit will be calculated daily based on the agreed minimum balance in your account and will be credited monthly.

With this current account, you can enjoy the convenience of cheque writing for making large and frequent payments in a day. 

What are the highlights of this Islamic current account?

Simply put, the Hong Leong Islamic Current Account One-i enables you to manage and grow your wealth efficiently. That's not all, you can also:

  • Earn higher return, potentially up to 0.8% p.a., on your deposit
  • Avail yourself of phone banking and Internet banking via HongLeong Connect around the clock
  • Access easily to your account at over 280 branch networks, 200 ATM services and 2,500 MEPS throughout Malaysia.

Who can apply for this current account?

This current account can be opened as personal or joint account. 

Both Muslim and non-Muslim individuals aged 18 years and above are eligible to open Hong Leong Islamic Current Account One-i.

You don't need an introducer for this current account opening. All you need is a minimum initial deposit amount of RM500.

Are there fees and charges?

For personal account, the issuance of cheque book will cost you RM10 (exclusive of Stamp Duty of 15 Malaysian cent per leaf) from the third application made within a month.

Now, if you don't maintain your average balance of minimum RM1,000 every month, you will be slapped with a RM5 service charge - so it might not be a good idea to withdraw from this checking account too often.