Bank Islam My First Home Scheme

Bank Islam My First Home Scheme is to finance the purchase of residential property for own occupation up to RM500,000 which is can be under construction or completed house.

 • High Margin of financing up to 100% + 10% for Takaful:
MRTT/MLTT – Mortgage Reducing Term Takaful/ Mortgage Level Term Takaful
 • HOT – Houseowner/Householder Takaful Plan
 • Profit Rate as low as SBR + 1.15% p.a.
 • Financing Tenure of up to 35 years or age 70, whichever is earlier
 • No lock-in period
 • No compounding elements
 • No processing fee
 • No penalty for early settlement

Eligibility Criteria

 • Malaysia citizen

 • Young adults, age not exceeding 35 years old

 • First time buyer for home occupied

 • Single customer income not exceeding RM5,000 per month and for joint customer income not exceeding RM10,000 per month

 • Customer must be gainfully employed

Document required:

 • as per Baiti Home Financing


NOTE: Please be advised that the product mentioned above may change from time to time, as the market and industry evolve.

To find out more about Bank Islam My First Home Scheme, please contact the Contact Centre at 603 26 900 900 or visit the nearest Bank Islam branch.

undo Bank Islam