Other Features

• Profit Rate: 3.10% p.a.
• New Base Rate: 2.27 %
• Loan Type: Flexi Loan
• Lock in Period: 3 years

Eligibility

• Loan Tenure: Up to 35 Years
• Margin of Finance: 90% + 5% for MRTA financing with insurance
• Suitable for: Completed & under-construction properties, refinancing
• Public Islamic Bank home loans are open for all Individual and joint applicants above the age of 21 years old.

Documents

• Application Form
• NRIC / Identity Card
• Copy of Sales and Purchase or Booking Receipt or Letter of Offer from Developer
• Copy of Individual Title Deed
• Property Valuation Report (for completed properties)
• Latest 3 consecutive months of salary slips / vouchers
• Latest 6 consecutive months of commission statement
• Latest EPF statements (with 3 consecutive months or more transaction history)
• Latest EA form
• Latest 6 months Bank Statement
• Letter of Confirmation of Employment and Remuneration