Home Financing-i refers to the fixed rate financing currently being practiced.
This product is applied under the concept of Bai Bithaman Ajil (BBA)
When it comes to fixed rate home financing, Home Financing-i is indeed a wise choice, and especially
advisable for homebuyers who prefer a fixed monthly budget.
Fixed payment means that you know exactly how much to pay throughout the tenure, whether by
a single instalment sum or in-line with the multi-tiered rates. It is useful for those working
on a monthly budget.
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Non - ZEC |
ZEC |
Charges |
Customer pays the legal fees, valuation fees and stamp duties. |
Bank pays the legal fees, valuation fees and stamp duties up to 3% of the
approved loan amount or RM20k, whichever is lower.
The minimum financing amount to qualify for the ZEC is RM100,000. |
Scope |
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Financing purchase of residential properties, whether completed
units or units under construction |
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Refinancing/Remortgage/Additional Financing |
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Construction of Bungalows |
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Conversion from conventional to Islamic financing |
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Restructure |
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Features and Benefits |
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No capitalization of profit (compounding of monthly profits) |
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Competitive financing rates and margin of financing |
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Third party financing is allowed |
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Fixed financing cost throughout the tenure of financing |
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Settle monthly payments with ease and convenience through
our extensive network of payment and delivery channels. |
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Eligibility |
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Open to all, irrespective of race or religion (individuals,
joint, residents and non-residents) |
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• ZEC: Zero Entry Cost
All terms and conditions apply
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