Home Improvement loan

Home Improvement
Product Features
Applicable to owners of completed properties

For More Information
contact Marketing Department at:

Ody ( 6017 ) 3632103

Azman Zain (6012) 628 9921

Marketing (603) 2095 4000 (Ext 770/676)

* Eligible to MBSB existing/other financial institutions housing loan customers (i*)

* Financing Amount

o Up to 15 times monthly salary, subject to a minimum of RM3, 000 and up to a maximum of RM50,000

* Repayment tenure

* Up to 7 years

* Hassle-free application

* Application at 23 MBSB branches nationwide and fast approval (ii*)

* No creation of 2nd charge

* Low monthly repayments

* Profit rate

* Attractive fixed rate

* Security deposit

* Equivalent to 3 months installment amount (to be included in the financing amount)

* Processing fee

Up to RM10,000 - RM100

RM10,001 to RM50,000 - RM200

* Eligibility criteria

o Applicant must be at least be 21 years old and not exceeding 55/56 (ii*) years old upon expiry of the facility

o Malaysian citizen

o Minimum income of RM1,000 (i*) ONLY (Joint income is applicable to husband and wife ONLY)

o Applicant must be a confirmed employee in any of the following:

+ Government Sector

+ MBSB's approved list of companies (iii*)

* Other requirements

o Guarantor (i*):

+ Waived for Government staff

+ One (1) eligible guarantor of non-Government staff

o Participation in Group Reducing Term Takaful Plan

* Supporting documents for applicant(s) & guarantor(s)

o Original IC

o Employer's confirmation letter

o Latest 3 months pay slip

o Latest 3 years Income Tax Form J

Notes:

i* Subject to terms and conditions.

ii* To qualified applicant and subject to submission of required documents

iii* Applicant must be a confirmed staff of MBSB's approved list of companies. Application can be made directly at any of MBSB's branches or through the employer's Human Resources Department.

For More Information
contact Marketing Department at:

Ody ( 6017 ) 3632103

Azman Zain (6012) 628 9921

Marketing (603) 2095 4000 (Ext 770/676)

Alternatively, you may visit our branches nearest to you today.