MaxiPlan
MaxiPlan Loan Packages catering to the needs of individuals and small businesses, including:
- Finance purchase of new commercial properties
- Subsale
- Refinancing
- Redraw
- Remortgage
The scope of commercial properties under MaxiPlan includes shophouses, shopoffices, commercial lots in shopping complex, office lots, factories, industrial buildings.
Features
Features of MaxiPlan Packages:
- Very competitive rates.
- Margin of financing of as high as 85%.
- Single or Multiple instalment option.
- Interest computed on daily rest.
- Option to pay nothing during property construction period (Pay Later).
- Option to service interest only for the 1st 5 years (Pay Less, Pay Later).
- Flexibility to pay more into the loan without any penalty or notice required.
- Flexibility to redraw back on the pre-payments in times of need, either online via m2u or over-the-counter at branches.
Who can apply
All individuals, joint applicants, residents and non-residents.
Scope
- Financing purchase of property whether completed units or units under construction
- Refinancing/Remortgage/Additional financing
- Restructuring
Rates
Financing rates are very competitive with rates as low as BLR -1.90%.
Fixed Rates packages with fixed rates of as low as 5.20% for the first 3 years.
Required documents
Please bring along the following when you visit our branch:
- For salary earners
- Monthly salary statements (last 3 months) and Borang J (last 3 years)
- For businessmen
- Financial statements (last 3 years) and Borang J (last 3 years), as well as photocopies of last 6 months' bank statements
- A photocopy of title deed, Sales and Purchase Agreement
- A copy of valuation report (where required). The valuers must be approved by the bank
Photocopy of applicant(s) NRIC
Terms & Conditions apply