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BSN MyHome-i Affordable Home (AHB40)


BSN MyHome-i Affordable Home (AHB40) is design for financing purchase of first house priced up to RM300,000 per unit for working / household income groups not exceeding RM4,360 per month (B40).



» Malaysian citizen aged between 18 to 70 years old.
(Subject to a maximum age of 70 years old at the end of financing tenure).
» Single or Joint Customers (husband / wife, child / children (two generation) or siblings).
» Have the ability to pay financing monthly installments.
» Valid evidence of employment or self-employed work.
» Financing application for purchase of first house (self-occupancy).
» Not a bankrupt.
» No record of impaired financing for the past twelve (12) months.

Financing Limits

» Maximum financing of RM300,000.

Financing Period

» Up to 40 Years.
» For 2nd generation financing – reference may be made to the child age.

Profit Rate

» The effective profit rate is fixed at 3.5% per annum.

Property Price

» Property up to RM300,000.
» Only for properties in the primary market*.
  *Properties is under construction or completed by developer/contractor with Certificate of Completion (CCC).
» Purchase of property from existing owner is not allowed (sub-sale).

Margin of Financing

» Financing can be up to 110% (100% +10%)
» 100% (property) + 10% (from the purchase price inclusive of MRTT, Legal Fees, Stamp Duties, Valuation Fees) not exceeding the maximum financing amount of RM300,000.

Documents Required

» BSN application form.
» Copy of NRIC – 3 copies.
» Employer confirmation letter.
» Latest of 3 months' salary payslip.
» Latest copy of EA / EPF statement.
» Copy evidence of self-employment such as bank account statement, business license, fisherman registration card, confirmation letter Jawatankuasa Kemajuan dan Keselamatan Kampung (JKKK) and Security Committee (JKKK) or Letter of Confirmation from Group A Government Officer or other documents received by BSN from time to time.
» Evidence of home purchase.
» Statutory declaration on purchase of first home financing for self-occupancy.

Capping / Moratorium (Lock in Period)

» The moratorium period commences from the date of the last disbursement of the financing.
» If property is sold within 5 years (moratorium period) and the financing are fully settled, part of the customer Ibra' (2%) will be channeled to charity account.

Late Payment Charge

» Overdue Instalments × 1% × Number Of Days Overdue ⁄ 365.

Stamp Duty

» Principal Documents - Will be charged on ad valorem basis.
» Other Documents – RM 10.00.