AmBank Home Loan PR1MA (SPEF)

First home? Second? AmBank can finance up to 100% of the property value under PR1MA home financing. You can choose whether to repay via stepped up financing or EPF ring fencing.

AmBank Home Loan PR1MA (SPEF)
Up to 35 years
Interest Rate
from 4.5% p.a.
Loan type
Term loan
Interest Type
Fixed/Floating interest rate
Lock In Period
5 years
Margin of finance
up to 100%
Approval in
30 days

Interest Rate

The interest paid based on the home loan amount borrowed

You borrowEstimated Interest Rate
RM100,000 - RM400,0004.5% p.a.
*Effective interest rate will be determined by AmBank upon approval.


Minimum Annual Income
Minimum Age
  • 21 to 55 years old
Who can apply
  • Malaysians

Fees & Charges

Late Penalty Fee
1% p.a. p.a. of the outstanding amount
Withdrawal Fee
Not Applicable
Processing Fee
Early Settlement Fee
Not applicable for this facility
Redemption Letter Fee
RM50 per request
Letter for EPF Withdrawal Fee
RM50 per request

More Information

What can I get from AmBank Home Loan PR1MA (SPEF)?

This conventional home loan is suitable for homebuyers seeking to take advantage of variable interest rate and higher financing limit to finance the purchase of your PR1MA house, completed or under construction.

Subject to approval, you can borrow up to 100% of the property’s value with options to repay using your EPF Account 2, with or without ring fencing.

What is EPF Ring Fencing option?

It is a flexibility to draw down your EPF Account 2 for the purpose of servicing your monthly instalment. Under this scheme, the bank will be able to determine the amount of borrowing you can get, whether higher or lower, based on the future income that’ll be credited into the Account 2.

It is also wise to note that under Ring Fencing option, you will no longer able to make other pre-retirement withdrawals such as Health, Education, Age 50 and Hajj Pilgrimage until your PR1MA (SPEF) loan is fully settled.

Do I need any insurance coverage?

You are obliged to take up MRTA and Fire Insurance coverage under this home financing facility. AmBank will provide quotations through its own panel of insurers. You can also use your own insurance provider, however, at your own cost.

Who is eligible to apply?

This house loan is aimed at Malaysians aged between 21 to 55 years, whose annual salary not less than RM30,000.

What documents do I need to prepare?

First, you need to have several property documents such as a valid Offer To Purchase (OTP) letter from PR1MA followed by Sale & Purchase Agreement, Booking Receipt, Copy of Title and Valuation Report.

If you are an income earner:

  • Copy of NRIC
  • Copy of 3-month payslips
  • Latest EA form / EPF statement

If you are self-employed:

  • Copy of NRIC
  • Copy of 3-month payslips
  • Latest EA form / EPF statement
  • Last 3-month bank statement
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