OCBC Home Loan Flexi Loan


New Base Rate

4.20%(BR + 0.37%)

Bank Interest Rate

3 years

Lock In Period


Monthly Repayment

Is an OCBC Home Loan Right for Me?

The highlight of this OCBC home loan product is you can make payment on your loan principal in order for you to pay less interest. Whenever you make your payment on OCBC home loan, you must state that is for capital repayment. This kind of payment only can be made by cheque, cash deposit or over the counter at any OCBC branch. Take note that you cannot make a capital repayment through online transfer.

OCBC also offers a Graduated Home Loan programme catering to young working adults who are first time home buyers. This OCBC home loan gives you repayments that start pretty low. Borrowers are offered the flexibility of fixed or variable pricing (or a combination of both). Affordable starting repayments (interest only repayments) enable young homebuyers to ease into the home loan repayment and financial management process.Other OCBC packages includes a special housing scheme for lower value properties and overseas property financing.

OCBC home loan packages provide a margin of financing of up to 90% + 5% for loan tenures of up to 35 years (in accordance to the latest ruling by Bank Negara Malaysia) or age 70 whichever is earlier. Extra 5% financing for MRTA is possible, provided the borrower purchases a policy from Great Eastern Insurance.

Am I Eligible for an OCBC Home Loan?

OCBC Home Loan is available for all Malaysians above 21 years of age. If you want to apply through the Skim Rumah Pertamaku (My First Home Scheme), you have to be below age 35.

What Documents Will I Need to Prepare?

If you have applied for an OCBC Home Loan, you will be asked to provide some supporting documents in order for 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