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Property Financing-i
Learn about our Shariah compliant property financing solutions and let us help you purchase your property through our range of financing solutions that provide flexibility and convenience to suit your financing needs.
- Competitive financing rates
- Applicable for a wide range of residential and commercial properties - either a completed unit or under construction
- High margin of financing
- Financing of Mortgage Reducing Term Takaful (MRTT) and legal fees
- Flexible Takaful coverage; MRTT and/or assignment of Family Takaful
- Fast approval
- No early settlement charges
- No compounding of profit and other charges
- Financing payment can be made at any of MBSB Bank's nationwide branches or alternatively via electronic payment via Interbank Giro/Instant Transfer or Standing Instruction / Auto Debit.
- For the purpose of disclosure requirement our indicative effective financing rate for standard housing financing with financing amount of RM 350,000 for 30 years with no lock-in period stands at 3.95%.
Packages
Residential Property Financing
Standard Home Financing-i
Financing Amount
- Financing amount below RM500,000
Features / Benefits
- No processing fee
- No early settlement charges
- Granting of rebate for early settlement
- No compounding of profit and other charges
- Financing of Mortgage Reducing Term Takaful (MRTT) and legal fees
Ultimate Home Financing-i
Financing Amount
- Financing amount of RM500,000 and above
Features / Benefits
- No processing fee
- No early settlement charges
- Granting of rebate for early settlement
- No compounding of profit and other charges
- Financing of Mortgage Reducing Term Takaful (MRTT) and legal fees
My First Home Scheme-i
Property Value / Price
- Residential properties (Completed & Under-construction) with minimum property value/price of RM100,000 and up to RM500,000
Features / Benefits
- No processing fee
- No early settlement charges
- Granting of rebate for early settlement
- No compounding of profit and other charges
- Financing of Mortgage Reducing Term Takaful (MRTT) and legal fees
My First Home Scheme-i
– First Time House Buyer (FTHB)
(Lower Income Group)
– First Time House Buyer (FTHB)
(Lower Income Group)
Property Value / Price
- Residential properties (Completed & Under-construction) with minimum property value/price of RM100,000 and up to RM300,000 purchased for owner occupation
Features / Benefits
- No ancillary cost
- Granting of rebate for early settlement
- No compounding of profit and other charges
- Financing of Mortgage Reducing Term Takaful (MRTT) and legal fees
Commercial Property Financing
Standard Home Financing-i
Financing Amount
- Financing amount below RM500,000.
Features / Benefits
- No early settlement charges
- Granting of rebate for early settlement
- No compounding of profit and other charges
- Financing of Mortgage Reducing Term Takaful (MRTT) and legal fees
Ultimate Home Financing-i
Financing Amount
- Financing amount of RM500,000 up to RM10 million.
Features / Benefits
- No early settlement charges
- Granting of rebate for early settlement
- No compounding of profit and other charges
- Financing of Mortgage Reducing Term Takaful (MRTT) and legal fees
For more information regarding Property Financing-i products, please visit our nearest MBSB Bank branch or contact our Customer Service at 03-2096 3000 for more information.
Documents Required
Salaried Applicant
- Photocopy of MyKad/Passport and Work Permit (for Non Residents)
- Latest BE Form and Tax Receipt/EA Form
- Latest 3 months Savings/Current Account Statements (salary being credited)
- Latest 3 months salary slip
- Letter of Employment
- Latest EPF statement
- Sale and Purchase Agreement
Self-Employed Applicant
- Photocopy of MyKad/Passport for Applicant/Director
- Business Registration/Form 9, 24, 49, B&D/M&A
- Latest B Form and Tax Receipt
- Latest 6 months current account statements (Company and Personal)
- Latest 3 years P&L Accounts/Audited/Management Accounts
- Sale and Purchase Agreement
Documents Download
Security Documents Template
| Item | Document |
|---|---|
| Instructions | Download |
| Commodity Murabahah Property Financing-i Checklist | Download |
| Verbal AQAD and Sample of Date & Time to be Recorded | Download |
| ATTACHMENT FORMAT - HF4,HF5,HF7 | Click Here |
| BBA ISLAMIC FINANCING-i | Click Here |
| CONVENTIONAL (P.O.C) | Click Here |
| DOCUMENTS ISLAMIC FINANCING -I (TAWARRUQ) | Click Here |
| Item | Document |
|---|---|
| Annexure-i (1st Party with Title - Open) | Download |
| Annexure-i (3rd Party with Title - Open) | Download |
| Deed of Assignment (1st Party-i) | Download |
| Deed of Assignment (Rental Proceeds) | Download |
| Power of Attorney | Download |
| Property Purchase Agreement (With or Without Title) | Download |
| Property Sale Agreement (With or Without Title) | Download |
| Item | Document |
|---|---|
| Annexure (1st & 3rd Party) | Download |
| Deed of Assignment (Rental Proceeds) | Download |
| Deed of Assignment (1st & 3rd Party) | Download |
| Facility Agreement - Part A | Download |
| Guarantee | Download |
| LOSO (Tawarruq) (1st Party) | Download |
| LOSO (Tawarruq) (3rd Party) | Download |
| MOD (Tawarruq) (1st Party) | Download |
| MOD (Tawarruq) (3rd Party) | Download |
| Power of Attorney (1st & 3rd Party) | Download |
Property Financing Calculator
How much should you be paying for your home financing? Complete the fields below to determine your monthly instalments for your home financing.
*Please note that you do not have to use commas (example: type in 100000 and not 100,000)
CPR is at 11%
Disclaimer:
MBSB Bank accepts no liability for any inaccuracies and omissions on its website, and any decision made by users based on the information contained on MBSB Bank website is the sole responsibility of the person concerned.