Maybank Islamic Home Loan Flexi Loan

Maybank Islamic offers a comprehensive variety of Shariah-compliant Islamic home financing packages with fixed, variable rates to choose from, with and without lock in periods. Maybank also has come out with various tools to ease their customers. One of it is the MayBank home loan calculator. For the convenience of their customers, Maybank provides exclusive Maybank home loan calculator to help you make the right decision.

Most noteworthy among these packages are Commodity Murabahah Home Financing-i and MaxiHome-i which have no lock-in periods and early settlement penalties. The Commodity Murabahah Home Financing-i, a variable rate Islamic home loan with a ceiling rate to protect against BR (Base Rate) fluctuations.

Maxi Home-i is a full-flexi home loan that comes with a linked current account. Regularly depositing extra amounts into the account helps reduce interest payments and can reduce the loan tenure over the long run. If you are uncertain about what is the minimum amount you need, you can always estimate that amount using Maybank home loan calculator.

What Documents Will I Need to Prepare?

You will be need to provide a list of supporting documents for your application for Maybank Islamic Home Loan to begin the application process. The list of documents are:

* 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