Hong Leong Islamic Junior Savings Account-i

With just RM1, you can start on the right foot for your child's future savings. Cash rewards will be given to straight A achievers in major school examinations.

Hong Leong Islamic Junior Savings Account-i
Profit Rate
0% to 1.5% p.a.
Account Type
Islamic
Min. Deposit
RM1

Profit Rate

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

Min. AmountMax. AmountProfit Rate
RM1RM50,0001.5% p.a.
RM50,001No maximumNo interest

Features

What would make it different?

Online Banking
Hong Leong Connect
PIDM Protected
Up to RM250,000
ATM Card
Available

Fees & Charges

ATM Card Issuance Fee
RM8
MEPS Withdrawal Fee
RM1
Early Closure Fee
RM20

Requirements

Maximum Age
18 years old
Minimum Initial Deposit
RM1
Who can apply
  • Malaysians
  • Foreigners

More Information

What's great about the Hong Leong Junior Savings Account-i?

Hong Leong Junior Savings Account-i is a simple and effective way to educate your child in managing expenses.

  • Auto Reload -  The amount predetermined by a parent or guardian will be automatically reloaded whenever the balance falls below RM50.
  • ATM Convenience - Withdrawals can be made locally or outstation via MEPS, VISA or PLUS. You can also reload mobile phone credit at any Hong Leong Bank & Hong Leong Islamic Bank ATM.
  • Free and Easy - Management Keep track of your child's expenses via Connect Online for a debit card statement.

How will my children be rewarded with this savings account?

Children who excel in UPSR, PMR, SPM are entitled for cash incentives of RM100, RM250, and RM350 respectively with Hong Leong Junior Savings Account-i.

How can I set up this account for my kid?

There will be a minimum of two account holders, whereby one of the account holders is the beneficiary and aged below 18 years old. 

The trustee(s) must be the junior’s parent(s) or legal appointed guardian(s). 

The parent(s) or legal guardian will remain as primary account holder and will transact all the transaction on behalf of the beneficiary (junior).

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