AFFIN And IKEA Offer Financing For Renovations And Furnishing

Iman Aminuddin

6th July 2026 - 2 min read

AFFIN Bank has partnered with IKEA Malaysia on financing for home renovation and furnishing. The partnership covers AFFIN’s home renovation financing known as AFFIN Home Reno/-i, and instalment plans that AFFIN cardmembers can use on IKEA purchases.

Financing Up To 120% Of Property Value

AFFIN Home Reno/-i covers interior and exterior renovation works, including tiling, roofing, plumbing, and wiring. Removable items such as furniture and appliances are not included.

The financing is available for properties valued at RM150,000 and above, and can cover up to 120% of the property’s value, enough to include both the home financing and the renovation costs together.

The repayment tenure runs up to 35 years, or until you reach age 70, whichever comes first.

Instalment Options For IKEA Purchases

AFFIN cardmembers get two options at IKEA. The first is a 0% Easy Payment Plan on eligible purchases made through IKEA payment terminals, spread over 6, 12, or 24 months. On a RM5,000 purchase, that works out to about RM833 a month over six months, or RM208 a month over 24.

The second is a Flexi Payment Plan, which applies to purchases from RM500 with repayment over 6, 12, or 24 months. Both are available at IKEA Damansara, Cheras, Tebrau, and Batu Kawan, and the campaign runs all year round.

Choosing The Right Plan

AFFIN Home Reno/-i is tied to your property and can run for decades, which makes it a good fit for major works like rewiring or structural changes. A longer tenure keeps the monthly repayment low, though it does mean paying over a longer period, so it works best for larger, lasting improvements.

The IKEA instalment plans suit smaller, everyday purchases like furniture. They are short, and the Easy Payment Plan is interest-free as long as you keep to the schedule, which makes them a simple way to spread a one-off cost.

Matching the plan to the size of your purchase is the way to get the most out of it, and it helps to compare your financing options against your budget before deciding.

Iman Aminuddin

Iman writes about personal finance with curiosity. She is interested in the stories behind money, the hesitation around big decisions, and the small habits that shape financial futures. Off the clock, she is either dissecting a film or climbing her way up the leaderboard in her favourite games.

0 0 votes

Article Rating