SJKP Housing Scheme (PG)
Benefits & Features
- To finance the purchase of under construction / completed residential property of up to RM500,000
- Margin of Financing up to 100% excluding :
- Mortgage Reducing Term Takaful (MRTT) / Mortgage Level Term Takaful (MLTT) – (compulsory)
- HOT (Houseowner/Householder Takaful Plan) – (if applicable)
- Stamp Duty
- Legal Fees
- Valuation Fees
|
Total Financing Amount |
Profit Rate (SBR @ 2.75% p.a.) |
|---|---|
| RM300,000 and below | SBR + 2.00% p.a. (EPR = 4.75% p.a.) |
| More than RM300,000 – RM500,000 | SBR + 2.10% p.a. (EPR = 4.85% p.a.) |
Eligibility Criteria
- Malaysian citizen
- Age 18 years and above
- First time house buyer for own occupancy which include the following segments:
- Fixed income earners
- Non-fixed income earners
- Self-employed individual
- Gig workers
- Maximum monthly income is RM11,000 per applicant
Required Document
- Fixed Income Earner:
- Latest 3-month Salary Slip
- Latest 3-month Salary Crediting Statement
- Latest EPF Statement
- Employment Confirmation Letter (ECL)
- *Non-Fixed Income Earner / Self-Employed Individual:
- Company / Business Registration (where applicable)
- Latest 6-month Bank Statement
- Latest 6-month Payment Voucher / Receipt / Statement
- Latest B Form + Tax Payment Receipt (where applicable)
- *Gig Worker:
- Latest 6-month Bank Statement
- Latest 6-month Payment Voucher / Receipt / Statement
- Latest B Form + Tax Payment Receipt (where applicable)
- Letter of Employment Contract
Note:
*To furnish confirmation letter on proof of self-employment or income stream issued by Jawatankuasa Kemajuan dan Keselamatan Kampung (“JKKK”) or similar body or Category A government servants and/or Penghulu/Ketua Kampung or any relevant supporting documents accepted by the Bank.
