estores - buy toys, cds, books, balloons for all occasions |
Ask your bank manager about "Islamic Loans". It may be a cheaper alternative in the long run: BANK ISLAM, Bank Islam Malaysia Berhad., Darul Takaful, Jalan Sultan Ismail, 50734 KL. Tel:(603)2711 2930 Fax:(603)2694 3610: Baiti home financing scheme - up to 100% financing, interest free (no compount interest, overdue interest, yearly interest calculation, etc. No BLR, no processing fees, no security deposits, attractive profit margin, fixed repayment rate, extensive insurance (Takaful) coverage, attractive discount (ibraq), known and fixed selling price - budget within your reach. Open for all. |
| BANK | 1ST YEAR | 2ND YEAR | 3RD YEAR | 4TH YEAR | 5TH YEAR and onwards |
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enquiries from non-Malaysians welcome | Interest at daily rest, fast approval | no legal fees, stamp duty, valuation fee, processing fee | ||
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3.25% |
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BLR+0.6% thereafter | Financing up to 95% | Current BLR 6.8% |
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5.0% |
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- | - |
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BLR+0.65% thereafter | financing up to 95%, loan tenure 30 years or age 60 | no processing fees | BLR6.8% |
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2.88% |
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BLR 6.8% |
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BLR+0.60% thereafter for comleted properties | housing loan/overdraft combination BLR+1.25% |
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Subsequent years BLR+0.6% | Flexible repayment | For loans RM150,000 and above. Margin up to 90%, repayment up to 35 years or age 60, option to restructure repayment up to 5 times, fortnightly repayment scheme and redraw facility. |
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3.5% for semi-detached homes for 1st year BLR+1.5% for bungalows throughout |
BLR+0.6% thereafter | margin of finance up to 80% | BLR 6.8% | |
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2.88% | BLR+0.75% thereafter | up to 95% financing (incl of MRTA and related expenses) | loan tenure of 30 years or up to age 60 | BLR 6.7% all types of residential properties, incl refinancing |
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2.88% | BLR+0.60% thereafter | overdraft BLR+1.25% |
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'No moving costs' option available. | for completed, landed properties above RM100,000 in Penang Island, Kuala Lumpur, selected areas in Selangor and Johor Bahru | |
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a) 0%+BLR b) 0.25%+BLR |
a) thereafter 0.6%+BLR b) thereafter 0.6%+BLR |
margin up to 100% | pre-approved credit card |
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2.85% | BLR+0.6% thereafter | BLR 6.8% | margin up to 95% incl 5% MRTA/documentation/transfer cost financing | no processing fee, flexible repayment schemes, pre-approved credit card, no service charge for inter-branch payment |
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3.5% (for margin of finance 95%) 4.5% (for margin of finance 110%) |
BLR+0% |
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up to 110% financing (90% purchase price for housing loan + 20% purchase price for overdraft) | BLR 6.8% no processing fee, loan tenure up to 30 years or age 65 |
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3.98% for properties under construction 4.25% for completed properties |
BLR+0% | BLR+0.6% thereafter | no processing fee, 30 years or up to age 60 | BLR is 6.8% |
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3.5% | Cost of borrowing + 0.5% | Cost of borrowing + 1.0% | Cost of borrowing + spread of 1.5% to 2.5% thereafter | Margin of financing 90%; loan tenure up to 30 years. COB 5.15% |
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3.0% | BLR+0.6% thereafter | |||
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4.5% | 4.5% | 4.5% |
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no processing fee, financing up to 95%, free standing instruction, longer repayment period, 100% financing on MRTA premium |
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6.0%
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8.0% thereafter
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-
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loan tenure up to 30 years or age 60 (for refinancing cases, last six months repayment record must not have more than 2 times 60 days past due date |
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3.3% | BLR+0.5% | BLR+0.6% thereafter |
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Rates for COMMERCIAL & INDUSTRIAL PROPERTIES (subject to change):
| BANK | 1ST YEAR | 2ND YEAR | 3RD YEAR | 4TH YEAR | 5TH YEAR |
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Shop Flexible Loan 5.0% Factory Loan 5.75% |
BLR+0.5% BLR+0.75% |
BLR+1.0% thereafter BLR+1.0% thereafter |
financing up to 85% | |
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FINANCING PACKAGE FOR FOREIGNERS: restrictions on financing by domestic banks for property purchases by foreigners lifted.
YEAR 2001 government incentives to boost property purchases - FIC relaxations, stamp duty exemptions, lower bank rates, discounts from developers, etc.
Email comments to Webmaster: dakhoos@pc.jaring.my
last updated 16 August, 2001