|Get the home of your dreams with BSN AN NAIM Home Financing-i.|
Based on the Shariah contract Bai’ Bithaman Ajil (BBA) which finances an asset on a deferred and installment basis with a pre-agreed payment period. The sale price will include a profit margin agreed upon by both parties.
|»||Loan tenure up to 35 years or not more than 70 years old* at the end of the loan period (whichever first).|
|»||Up to 95% financing (subject to Terms & Condition) depending on purchase price from the developer (inclusive of MRTA).|
|»||Zero Moving Cost / Zero Entry Cost|
|»||Below market Interest rates|
|»||Easy to apply - provided at all BSN Main Branches nationwide.|
|»||Convenient payment channels:|
|»||For residential property still under construction|
|»||For completed property purchased from owner (sub-sale)|
|»||For purchase of bungalow lot and building the house thereon.|
|»||For purchase of shophouse or commercial lot.|
|For Individual / Joint Applicants|
|»||Malaysian citizen aged 21 years old and above (not exceeding 70* years old at the end of loan period)|
|»||With regular income and capable of making repayment|
|»||With proof of property purchase or owns a property|
|»||Property located in MF 6¹ and above areas|
|»||nder Construction Property – limited only to selected Premier Developers²|
|»||Completed Property – open to all|
» *Eligibility for age limit of 70 years old is subject to Bank's Terms & Conditions.
» ¹MF: Marketability Factor.
» ²Terms and Conditions apply.
» Organisations; either sole proprietor, partnership, private company or public company
owned by Malaysian citizen (under the Partnership Act 1961 or Company Act 1965).
» Operated for at least two (2) years.
» Stable financial record.
|For Individual / Joint Applicant|
|»||Copy of NRIC (applicant's / joint applicant's)|
|»||Pay Slip - original copy and copies of latest three (3) months » Latest 3 months’ Bank Statement|
|»||Latest 6 months’ Bank Statement (other income)|
|»||Latest EPF Statement|
|»||Employer Confirmation Letter|
|»||J Form / Latest Income Tax Declaration|
|»||Copy of Sale and Purchase Agreement and / or property documents|
|»||Copy of Evaluation Report (for property purchase) from panel valuer registered with the Bank|
|»||Organisation Bank Statement for the period of six (6) months|
|»||Organisation Financial Statement for last two (2) years approved by authorised Audit Body|
|»||B/BE Form & LHDN Receipt|
|»||Business Registration Certificate (SSM)|
|»||Memorandum & Articles of Association (M&A) / Form 24, Form 44 & Form 49|
|»||Board of Director Resolution|
|*Guarantor: If required, mandatory documents are similar to applicant.|
|Second Charge Package||» Especially for Government Servants and other Government Agencies entitled for
a home financing
» As an additional loan, in case the existing financing is insufficient
|2 Generations Package||» Joint financing consisting of 2 generations parent(s) and child (still in a learning institution
and aged 21 years and above)
» Enjoy a longer financing period
» Children pursuing studies at Diploma level and above and would graduate in three (3)
» Parent still have steady/fix income for a period of five(5) years.
» Eligibility for age limit of 70 years old is subject to Bank's Terms & Conditions.
|This financing plan is a cooperation between BSN and Employers which provides staff amenities.
|You may get cash extra in between the current housing financing and current property value, with a cost-free transfer.|
» Cost inclusive of legal fees, stamp duty, charge cost and property evaluation cost.
» Current BR at 4.10% (subject to change).
|No||Financing Amount||Tenure||Completed||Under Construction|
|Non Zero Moving Cost (NZMC)|
|BR + 2.85%|
> RM 100,000.00
|Year 1 - 2||Zero Moving
|Non Zero Moving
|Non Zero Moving
|BR + 0.65%||BR + 0.55%||BR + 0.40%||BR + 0.30%|
|Thereafter||BR + 0.65%||BR + 0.55%|
|Year 1 - 2||BR + 0.60%||BR + 0.45%||BR + 0.30%||BR + 0.30%|
|Thereafter||BR + 0.60%||BR + 0.45%|
|»||You may settle your loan at any time by submitting a written notice to the Bank.|
In the event that the early settlement is made during the lock-in period, the early settlement charges, comprising legal costs and other expenses paid by the Bank under ZMC package, would be levied.
» Within the Facility Period
Overdue instalment(s) x Average Financing Rate (AFR) x No. of overdue day(s)
» After the Facility Period
Outstanding principal x Average Financing Rate (AFR) x No. of overdue day(s)
|»||Late payment charges consist of Ta’widh (compensation) and Gharamah (penalty). Gharamah shall be channeled by the Bank to the approved charity organisations.|
|»||Average Financing Rate (AFR) refers to the rate as may be determined by the Bank and subject to change from time to time.|
» Principal Documents - Will be charged on ad valorem basis.
» Other Documents – RM 10