Baiti Home Financing-i for PAPISMA’s Members for Sireh Residence, Kota Bharu, Kelantan

Benefits & Features

  • Financing tenure of up to 35 years or age 70, whichever is earlier
  • Effective Profit Rate as low as SBR + 1.15% p.a. (EPR = 3.90% p.a.)
  • High Margin of financing up to 100% excluding:
    • Mortgage Reducing Term Takaful (MRTT) / Mortgage Level Term Takaful (MLTT)
    • Stamp Duty
    • Legal Fees
  • Attractive Deals:
    • No lock-in period
    • No compounding elements
    • No processing fee
    • No penalty for early settlement

Eligibility Criteria

  • Malaysia citizen
  • Not a bankrupt or have any legal action
  • Gainfully employed or Profitable business for at least 3 years
  • Minimum 1 year good payment track record

Required Document

  • Photocopy of identity card
  • Sales & Purchase Agreement
For Salary Earners:
  • Latest 3 months salary slips
  • Latest 3 months salary crediting account statements
  • Employer’s Confirmation Letter
  • Annual Income Statement/ BE Form / EPF statement
  • Any other supporting income documents
For Self Employed / Businessmen:
  • Company / Business Registration
  • Lastest 6 months Bank Statements
  • Latest 3 years Financial Statements
  • Latest B Form
  • Any other supporting income documents