Public Islamic Bank Home / Term Equity Financing-i

Home Equity Financing-i by Public Islamic Bank is a home financing based on the Shariah concept of Musharakah Mutanaqisah (Diminishing Partnership). As your partner, the Bank helps you to acquire the property and share the equity ratio with you under a Diminishing Partnership arrangement.

Your monthly instalment (rental) gradually allows you to purchase the Bank's equity in the property. As your ownership in the property grows, the Bank's equity will eventually diminishes until you fully own the property.

Financing Purpose

 • For purchase of completed / uncompleted residential properties.

 • For financing and refinancing of the residential properties

Benefits

 • Competitive financing rates and margin of finance

 • Flexible payment period

 • Redraw facility available

 • Government incentives on stamp duty

 • Multiple payment channels via internet banking, ATMs, PIBB / PBB branches

Eligibility

 • Individual / Joint Applicant


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

For further information, please call PBe Customer Support Tel: 603 2170 8000, or visit the nearest Public Bank / Public Islamic Bank branch today.

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