Base Lending Rates

Base Lending Rate  / Base Financing Rate 6.40% per annum
Base Rate / Islamic Base Rate   2.75% per annum

Indicative Effective Rate of a Standard RM350,000 Housing Loan for 30 Years

4.20% per annum
With effect from 24 January 2020


What is Base Rate (BR)?Disclaimer: All interest/dividend rates quoted may change without prior notice. Please contact the nearest Maybank branch for the latest rates

Base Rate (BR) is in accordance to the new reference rate framework introduced by Bank Negara Malaysia and it replaces the Base Lending Rate (BLR) as the pricing for retail loans effective 2nd January 2015. Under this new framework, banks will use funding costs and the Statutory Reserve Requirement (SRR) cost imposed by Bank Negara Malaysia as its benchmark to quote their base rate. Maybank's BR is computed based on its average cost of funds plus the SRR cost, and is applicable for both conventional loans and Islamic financing.

What would trigger a change in the Base Rate?

The BR will be adjusted when there are changes in monetary policy eg Overnight Policy Rate (OPR) and/or changes in the funding conditions eg movement in KLIBOR.