Tuesday, 11 August 2020,   20 Zulhijjah 1441H

Personal Banking

Home > Personal Banking Loans BSN MyHome > Program Perumahan Rakyat


BSN MyHome (Program Perumahan Rakyat)


BSN MyHome (Program Perumahan Rakyat) is designed to help those who are self-employed or with irregular income to own a home.


Requirements

»  Malaysian citizen aged between 18 to 60 years old.
»  Individual / Joint Applicants.
»  Proof of self-employment.
»  Minimum Income RM1,000 per month.
»  For financing of first home and for own residence only.
»  Financing only for low cost or average properties.

 

Features & Benefits

»  Financing up to RM300,000.
»  Financing margin up to 100% (inclusive of MRTA / MRTT & TLRT).
»  Financing period up to 35 years.

 

Interest Rates

Loan Amount
(RM)

Tenure
(Year)

Effective Interest Rate (EIR)

Completed Property

Under Construction Property

RM 100,000 and below

Whole tenure

 

BR + 3.00%

BR + 3.00%

>RM100,000
 up to RM300,000

1 - 2

 

BR + 1.20%

BR + 0.95%

Thereafter

BR + 1.20%

 

Late Payment Charge

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


Stamp Duty

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