Personal Banking

Financing-i / Home Financing-i SJKP
Bank Rakyat in collaboration with SJKP provide the best home financing to help you own your dream home.
Tawarruq
  • Under Construction
  • Completed / Auction / Subsale
  • Malaysian Citizen

i.Applicants with Fixed Income; OR
ii.Applicants with Non Fixed Income; OR
iii.Applicants who run a business

  • Age not less than 18 years old on the date of application and not more than 65 years old at the end of financing tenure
  • First Home Buyer and for Living

i. Applicants must submit a declaration letter stating that  the financing application is a first home and for living by themselves.

  • Income verification, through:

i.Saving account statement with latest 3 Month with a minimum of RM1,000.00 per month and verified by ‘Jawatankuasa Kemajuan dan Keselamatan Kampung’ (JKKK) or to obtain approval from government staff under category A / Penghulu / KetuaKampung.

  • Joint Applications are allowed between siblings or parents with children on conditions both applicants does not own any house
  • If one of the applicants is fixed income earner, the application can be considered with conditions that the income of  applicants with non fixed income  must be higher than applicants with fixed income.
 
Up to 100% including MRTT / Lawyer's Fee / Valuation Cost & Stamp Duty
Package
Pofit Rates

SKJP

SBR + 1.90%

Standard Base Rate (SBR): 2.50%

MRTT = Mortgage Reducing Term Takaful

Maximum financing period 35 years or aged 65years; whichever is earlier.
ITEMS CHARGE
Wakalah Fee RM28.30
Custodian of security documents after full settlement. RM10.00 per set per month (inclusive 0% GST)
Issuance of statement for EPF withdrawal. RM15.00 per document (inclusive 0% GST)

  • Biro PerkhidmatanAngkasa
  • Salary Deduction
  • Savings Account-iDeduction
  • Electronic Payment
 
Application Category Dokuments
Fixed Income Copy of MyKad; Or
Authority Card (Police / Army ) and
Income Verification Letter from JawatankuasaKemajuandanKeselamatanKampung (JKKK) or government staff under category A / Penghulu / KetuaKampung.
Copy of 3 Months Salary Statement
3 Months Bank Statement
EA Form / KWSP Statement
Employer Confirmation Letter
Non-Fixed Income  
Copy of MyKad; Or
Authority Card (Police / Army ) and
Income Verification Letter from JawatankuasaKemajuandanKeselamatanKampung (JKKK) or government staff under category A / Penghulu / KetuaKampung.
Latest 6 Months Bank Statement (Individual / Business)
Business Registration / Form 24 or 49
Form B & Payment Receipt
Property Documents Sale Purchase Agreement
Copy of Title
The Letter of Purchase Form from Developer
Advance Payment Receipt
Sale Memorandum: Auction
Valuation Report: Completed / Auction / Subsale


Copy of Title
The Letter of Purchase Form from Developer
Advance Payment Receipt
Sale Memorandum : Auction
Valuation Report: Completed / Auction /
Subsale

Please be informed that we have enhanced our Home Financing-i Terms & Conditions to give a better and clear understanding to our customers. The revised Home Financing-i Terms & Conditions will take effect on 1st September 2019. For more information please click on the FAQ