• Variable Home Financing-i for PR1MA Homes

High margin of financing

PR1MA Home Financing Package:

Margin of financing (MOF) up to 100% + 5% (GMTP / Legal fee / Stamp-duty)

 

Special PR1MA End Financing (SPEF) Package:

Margin of financing (MOF) up to 100% + 10%

(GMTP/Legal fee*/Stamp-duty)

*Legal fee is financed up to maximum of RM1, 500 only

Processing fee

PR1MA Home Financing Package:

Waived

 

Special PR1MA End Financing (SPEF) Package:

One-off, RM212.00 (inclusive of GST)  

Financing tenure

Enjoy financing tenure up to 35 years but customer’s age should not exceed 70 years at the end of financing period

        

Type of properties

Completed or under construction residential properties located in Malaysia under the 1Malaysia People’s Housing (PR1MA) programme

Monthly Installment Calculator

Choose the duration to find out the corresponding rates per annum.

Financing Amount (RM)

Financing Period (Years)

Profit Rate (%)

Total Amount Payable
RM 0

Eligibility

  • Individuals age 21 years and above
  • Malaysian citizens
  • Obtained valid Offer To Purchase (OTP) letter  from Perbadanan PR1MA Malaysia (PR1MA)

Requirements

  • Provide valid Offer To Purchase (OTP) letter  from Perbadanan PR1MA Malaysia (PR1MA)
  • Property purchase price of RM100, 000 to RM400, 000 for SPEF Scheme

Salaried Applicant:

  • NRIC photocopy
  • Latest 3 months' salary slip
  • EA form / EPF statement (last 2 years)
  • Sales & Purchase Agreement / Booking receipt from developer

Self-Employed:

  • NRIC photocopy
  • Latest 3 months' salary slip
  • EA form / EPF statement (last 2 years)
  • Sales & Purchase Agreement / Booking receipt from developer
  • Business registration A&D
  • Last 3 months’ bank statement

  Types of Charges Charge
Processing Fee - Property Finance / Refinance
1 HomeFlexi Smart-i RM 25.00 redraw fee per transaction regardless of the amount redrawn (via OTC/Branch & Contact Centre) (subject to GST)
2 Variable Home Financing-i NA
3 Flexi Home Financing-i RM 200 setup fees (subject to GST) and
RM 10 monthly service charge (subject to GST)
4 HomeXtra / HomeXtra Flexi Smart-i RM 25.00 redraw fee per transaction regardless of the amount redrawn (via OTC/Branch & Contact Centre) (subject to GST)
All Housing and Business Premises Financing
5 BizFlexi Smart-i RM 25.00 redraw fee per transaction regardless of the amount redrawn (via OTC/Branch & Contact Centre) (subject to GST)
6 Business Premises Financing-i N/A
7 Flexi Business Premises Financing-i RM 200 setup fees (subject to GST) and
RM 10 monthly service charge (subject to GST)
8 BizXtra Flexi Smart-i RM 25.00 redraw fee per transaction regardless of the amount redrawn (via OTC/Branch & Contact Centre) (subject to GST)
9 Vacant Land Flexi Smart-i RM 25.00 redraw fee per transaction regardless of the amount redrawn (via OTC/Branch & Contact Centre) (subject to GST)
Others
10 Request for issuance of Redemption Statement (House or Home Financing) RM53.00 (inclusive of GST) per request
11 GMTP Variable charges - One time payment
12

Stamp duties:

As per the Stamp Duty Act 1949 (Revised 1989)

i) Letter of offer: RM10.00
ii) Principal Document*: RM5.00 for every RM1,000.00
iii) Security Document: RM10.00
iv) Standing Instruction: RM10.00