• BSN MYHOME-i (RESIDENTIAL PROPERTY)
    Get your dream home with ease

    Eligibility

    For Individual / Joint Applicant

    • Malaysian citizen aged 21 years old and above (not exceeding 70* years old at the end of financing period)
    • With regular income and capable of making payment
    • With proof of property purchase or owns a property
    • Property located in MF 6¹ and above areas
    • Under Construction and Completed  Property

    For Organisation

    • 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

    Shariah Concept

    The Shariah concept used is Tawarruq (Commodity Murabahah) which consists of two sale and purchase contracts. The first involves the sale of an asset by a seller to a purchaser on a deferred basis. Subsequently, the purchaser of the first sale will sell the same asset to a third party on a cash and spot basis.

    Apply Now
    BSN MYHOME-i (RESIDENTIAL PROPERTY)
    Get your dream home with ease

    Eligibility

    For Individual / Joint Applicant

    • Malaysian citizen aged 21 years old and above (not exceeding 70* years old at the end of financing period)
    • With regular income and capable of making payment
    • With proof of property purchase or owns a property
    • Property located in MF 6¹ and above areas
    • Under Construction and Completed  Property

    For Organisation

    • 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

    Shariah Concept

    The Shariah concept used is Tawarruq (Commodity Murabahah) which consists of two sale and purchase contracts. The first involves the sale of an asset by a seller to a purchaser on a deferred basis. Subsequently, the purchaser of the first sale will sell the same asset to a third party on a cash and spot basis.

    Apply Now

Our BSN MyHome-i (Residential Property) helps you get your dream home at low profit rates to suit your financial needs.

FEATURES & BENEFITS

  • Financing tenure up to 35 years or not more than 70 years old* at the end of the financing period (whichever first).
  • Up to 95% financing (subject to Terms & Condition) depending on purchase price from the developer (inclusive of MRTT).
  • Easy to apply - provided at all BSN Main Branches nationwide.
  • Convenient payment channels: 
    1. BSN Branches nationwide
    2. Standing Instructions / Savings Account
    3. Interbank GIRO (IBG)

FINANCING OPTIONS

  • For residential property still under construction
  • For completed property purchased from owner (sub-sale)
  • For purchase of bungalow lot and building the house thereon
  • Mortgage Refinancing

PACKAGES OFFERED 

  • BSN MyHome-i (Residential Property)
  • BSN MyHome-i (CES Packages)
  • Mortgage Refinancing-i Package
  • BSN MyHome-i (Redraw Facility)
    *subject to the Terms & Conditions

DOCUMENTS REQUIRED

Guarantor: If required, mandatory documents are similar to 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

PACKAGES OFFERED

Package

Details

Second Charge Package

Especially for Government Servants and other Government Agencies entitled for a home financing.

As an additional financing, 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 old and above).

Enjoy a longer financing period.

Children pursuing studies at Diploma level and above and would graduate in three (3) years time.

Parent still have steady/fix income for a period of five (5) years.

CORPORATE STAFF HOME FINANCING-i PACKAGE

This financing plan is a cooperation between BSN and Employers which provides staff amenities.

MORTGAGE REFINANCING PACKAGE

You may get cash extra in between the current housing financing and current property value.

REDRAW FACILITY PACKAGE

You may withdraw the accumulated excess payment made towards the monthly installment.
*subject to the Terms & Conditions

PROFIT RATES

Financing Amount


 

Tenure


 

Effective Profit Rate (EPR)

Completed and Under Construction Property

Non-FEC

FEC

RM100,000 and belowWhole TenureSBR + 3.85%SBR + 3.85%

> RM100,000 until

< RM300,000

SBR + 1.45%SBR + 1.60%

RM300,000 until

< RM500,000

SBR + 1.35%SBR + 1.50%

RM500,000 and above

SBR + 1.25%SBR + 1.40%

NOTES:

  • Additional 0.15% from the above profit rate for financing without Takaful.
  • Non Finance Entry Cost (Non-FEC) is 90% + 5% MRTT;
  • Finance Entry Cost (FEC) is applicable for first and second time house buyer with Margin of Financing (MOF) of up to 90% from property purchase price + 10% (5% MRTT + 5% legal and valuation fees).
  • Redraw Facility – Minimum financing amount is RM100,000.00.

Get Started with our Financing Calculator

Wish to know how much you would be paying every month? Let us help you get started. 

{{lang == 'en' ? 'Kindly enter your financing details' : 'Masukkan butiran pembiayaan anda di sini'}}

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{{lang == 'en' ? 'Disclaimer :' : 'Penafian :'}}
{{lang == 'en' ? ' This calculator serves as an estimate only. It is provided for illustrative purposes and is based on the accuracy of information provided. It does not constitute a quote. BSN shall not be responsible for any inaccuracies or errors resulting from the use of this calculator.' :'Kalkulator ini berfungsi sebagai anggaran sahaja. Ia disediakan untuk tujuan ilustrasi dan adalah berdasarkan ketepatan maklumat yang diberikan. Ia bukan merupakan sebut harga. BSN tidak akan bertanggungjawab terhadap sebarang ketidaktepatan atau kesilapan yang disebabkan oleh penggunaan kalkulator ini.'}}

LATE PAYMENT CHARGES (LPC) 

Late Payment Charges will be charged based on Ta’widh (Compensation).

During financing PeriodLate Payment Charges (LPC) of 1% per annum will be imposed on the overdue monthly instalment payment in the event you fail to pay any monthly instalment within the stipulated period from the first disbursement of the financing until its maturity date.
After the completion of financing periodPrevailing daily overnight Islamic Interbank Money Market (IIMM) rate will be charged for failure to pay the total outstanding balance after maturity or upon judgment obtained, whichever earlier.

FEES & CHARGES

  • EARLY SETTLEMENT
    You may settle your financing at any time by submitting a written notice to the Bank.
  • STAMP DUTY
    Principal Documents - Will be charged on ad valorem basis.
    Other Documents - RM10.00

NOTES:

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OR download our Application Form HERE.

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