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- TenureUp to 35 years
- Profit Ratefrom 4.57% p.a.
- Loan typeTerm islamic financing
- Interest TypeFixed/Floating profit rate
- Margin of financeup to 90%
- Approval in30 days
- Overview
A remortgage plan based on the Islamic concept of Tawarruq with a capped interest rate and tiered financing to help you lower your home monthly instalments.
- Features
Criteria Details Shariah Compliant YES Loan Type Term Interest Type Fixed/Floating Recommended Insurance Types MRTT, Long Term Houseowner Takaful
- Fees And Charges
Criteria Details Late Penalty Fee (%) 1 EPF Letter Withdrawal Fee (RM) 20 Redemption Letter Fee (RM) 50
- Interest
Minimum Months Maximum Months Minimum Amount (RM) Maximum Amount (RM) Minimum Income (RM) Maximum Income (RM) Interest Rate (%) 60 420 100,000 - 24,000 - 4.57
- Eligibility
Criteria Details Minimum Age (Years) 18 Max Age (Years) 70 Minimum Annual Income (RM) 24,000
- Who Can Apply
Criteria Details Malaysians YES Non-Malaysians NO