MBSB Home Loan Term Loan


New Base Rate

4.45%(BR + 0.55%)

Bank Interest Rate

5 years

Lock In Period


Monthly Repayment

Is a MBSB Home Loan Right for Me?

MBSB offers various exclusive MBSB housing loans products. One of the popular home loan products is called MBSB Home Financing, which is available for completed and under construction properties. Zero entry cost packages are available for all loans above RM150,000. MBSB also offers you MBSB home loan with competitive rates in the market.

The margin of financing for MBSB home loans can go up to 100% and loan tenure is available for a maximum of 35 years (in accordance to the latest ruling by Bank Negara Malaysia) or up to age 70, whichever comes earlier. This MBSB housing loan also includes the MRTA financing of 5%. Purchase of Mortgage Reducing Term Assurance (MRTA) and Personal Accident Insurance (PA) from MBSB is compulsory. Another key feature of this MBSB housing loan is its fast approval. MBSB Home Loan has a lock in period of 5 years, which is one of the longest lock-in-periods in the market. This particular MBSB home loan also waives the processing fees for residential property. To repay your monthly MBSB home loan instalment, there are various payment channels including online payment through Maybank2u and CIMB Clicks.

Like any other financial institutions, MBSB housing loans also impost certain charges and fees such as stamp duties, legal fees and valuation fees. You will also face the late payment charge if you do not make repayment on time. Therefore, you need to really commit when you sign up for MBSB housing loans.

What Documents Will I Need to Prepare?

For your MBSB Home Loan application, you will need to provide some supporting documents to allow the bank to process your application. These documents are listed below:

* 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