AmBank Flexi Home Financing-i

Shariah-compliant variable rate home financing plan with a maximum capped profit rate that allows you to enjoy market rates yet remain protected

    • Up to 35 years
    • Full-Flexi Islamic financing
    • Floating Profit Rate
    • 3 years lock in period
    • Up to 95% margin of finance
    • 30 days approval
  • You BorrowEstimated Profit Rate
    RM100000 - 2000004.45% p.a.
    more than RM2000014.25% p.a.

    *Effective profit rate will be determined by AmBank upon approval.

Fees & Charges

There are always fees but how much are they?

Late Penalty Fee
1% p.a. of the outstanding amount
Withdrawal Fee
Processing Fee
Early Settlement Fee
2% of the remaining balance
Redemption Letter Fee
RM53.00 per request
Letter for EPF Withdrawal Fee
RM21.20 per request
Cancellation Fee
RM50 per account upon acceptance of letter of offer
Insurance Types
  • MRTT
  • Fire Insurance

*inclusive of 6% GST


Are you eligible for this AmBank home financing?

Minimum annual income
Minimum age
18 years old
Maximum age
70 years old
Who can Apply
  • Any nationality

Frequently Asked Questions about AmBank Flexi Home Financing-i

Things you might want to know

What is AmBank Flexi Home Financing-i?

Flexi Home Financing-i is a conventional Islamic term loan. Based on the concept of Bai Bithaman Ajil ( BBA), the mortgage interest is a variable rate pegged to the IBR , with a capped profit rate to save you from the risk of a higher IBR.

Subject to credit approval and agreement on payment terms AmBank will be able to finance up to 95% of the value your house. You can also opt for an additional 5% financing to go towards MRTT.

What are my commitments with this home loan?

The major commitment will be your monthly installments. AmBank’s penalty fees for late payment are quite strict. If you somehow fail to make payment for two consecutive months, they might raise your interest rate, resulting in higher overall repayments.

Do I really need the insurance?

Group Mortgage Reducing Term Takaful ( MRTT) is highly recommended to protect against the risk of losing your family's property due to unforeseen circumstances. It is also compulsory to have fire insurance.

What are the risks associated with these kinds of home loans?

The profit rate on this mortgage may vary if the IBR changes, an increase in interest rate may result in higher monthly repayment If you have problems meeting your loan obligation, feel free to contact AmBank to discuss payment alternatives.

Thankfully, you will be shielded from a very high IBR with a capped profit rate policy set up by the bank.

What documents are needed when applying?

If you are an employee earning a salary:

NRIC photocopy
Salary slips (last 3 months)
EA form/ EPF statement (last 2 years)
Sales & Purchase Agreement/ Booking receipt from developer

If you are self-employed:

NRIC photocopy
Salary slips (last 3 months)
EA form/ EPF statement (last 2 years)
Sales & Purchase Agreement/ Booking receipt from developer
Business registration A&D
Last 3 months bank statement

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