AmBank My First Home Scheme

For young adults entering workforce in the private sector, you can now own your first home effortlessly via AmBank with financing up to 100% and zero processing fee

AmBank My First Home Scheme
Up to 35 years
Interest Rate
from 4.5% p.a.
Loan type
Term loan
Interest Type
Floating interest rate
Lock In Period
3 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
  • 18 to 35 years old
Who can apply
  • Malaysians
  • Salaried employee
  • Self-employed

Fees & Charges

Late Penalty Fee
1% p.a. p.a. of the outstanding amount
Processing Fee
Early Settlement Fee
2% on original loan amount if redeemed within first 3-years
Redemption Letter Fee
RM50 per request
Letter for EPF Withdrawal Fee
RM20 per request

More Information

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