Financing-i

Home Financing-i SJKP

Bank Rakyat in collaboration with SJKP provide the best home financing to help you own your dream home.

Concept

Tawarruq

Purposes

• Under Construction
  
• Completed / Auction / Subsale

Requirements

• 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.

Margin of Financing

Up to 100% including MRTT / Lawyer's Fee / Valuation Cost & Stamp Duty

Profit Rate

Standard Base Rate (SBR): 3.00%

MRTT = Mortgage Reducing Term Takaful

Financing Tenure

Maximum financing period 35 years or aged 65years; whichever is earlier.

Fees & Charges

Payment Methods

• Biro PerkhidmatanAngkasa
  
• Salary Deduction
• Savings Account-iDeduction
• Electronic Payment

Required Documents

Product Disclosure Sheet

• PDS Home Financing-i 

Illustration Payment Schedule

• Payment Schedule Home Financing-i SJKP Goverment & GLC 
  
• Payment Schedule Home Financing-i SJKP Private & Self-Employed