You'll benefit from BSN's GIRO Home Loan with low interest rates and package options for just about everyone

    • Up to 35 years
    • Term loan
    • Floating Interest Rate
    • 3 years lock in period
    • Up to 90% margin of finance
    • 30 days approval
  • You BorrowEstimated Interest Rate
    up to RM1000005.60% p.a.
    RM100001 - 2999993.30% p.a.
    more than RM3000003.20% p.a.

    *Effective interest rate will be determined by BSN upon approval.

View product disclosure sheet.

Fees & Charges

There are always fees but how much are they?

Late Penalty Fee
1% p.a. of the outstanding amount
Processing Fee
No Fee
Early Settlement Fee
Subject to terms of agreement with bank
Redemption Letter Fee
RM50.00 per request
Letter for EPF Withdrawal Fee
RM20.00 per request
Insurance Types
  • MRTA


Are you eligible for this BSN home loan?

Minimum annual income
Minimum age
21 years old
Maximum age
70 years old
Who can Apply
  • Malaysians

Frequently Asked Questions about BSN GIRO Home

Things you might want to know

What do I need to know about BSN Giro Home?

In a world full of mortgage products the BSN GIRO Home loan might be the odd one out, offering a strong alternative for people who are looking something different and affordable in a very competitive market. For starters, this home loan has packages tailor-made for all kinds occupations, income and age groups, each having their own unique perks.

Second Charge Package
  • Especially for Government Servants and other Government Agencies entitled for a home loan.
  •  As an additional loan, in case the existing loan is insufficient.
2 Generations Package
  • Joint loan consisting of two generations parent(s) and child (still in a learning institution and aged 21 years or over).
  • Enjoy a longer loan period.
  • Children pursuing studies at Diploma level and above and would graduate in three years time.
  • Parent still have steady/fix income for a period of five years.

Additionally, there is an option for the bank to offer zero moving cost (ZEC) to absorb all your initial entry costs, where all set-up charges, such as legal and valuation fees will be absorbed by the bank.

This is excellent for folks who are struggling to come up with the money to pay the in the initial periods of the tenure, which unlike other home loans, can go up to 35 years!

BSN will be able to finance 90% of the value of the property, but that figure can be bumped up to 95% when you include your MRTA.

What are my obligations with BSN Giro Home?

To help get the rakyat get onto the property ladder this home loan follows a multi-tiered system, after two years your repayments will switch to new interest rate until the end of your tenure. Remember, you can choose the option to take request the bank to finance your entry costs to help you manage the extra costs of moving into a new home.

What does the insurance cover?

Group Mortgage Reducing Term Assurance ( MRTA) is highly recommended to hedge the risk of losing your family's property due to unforeseen circumstances. Fire insurance is also compulsory.

What are the potential risks?

The interest rate on this loan may go up or down according to changes in the BR. An increase in market interest rates may result in higher monthly repayment.

Why should I go with BSN GIRO Home for my mortgage?

There's a few reasons why - 5 in fact!

  • This loan offers you a longer than usual tenure of 35 years. This would allow you to pay less for a longer period of time, giving you more room to breathe financially.
  • You are given the chance to waive your miscellaneous fees and charges, if you don't want to go through the headache of dealing with lawyers and the like!
  • BSN offers a BR slightly lower than the competition, which is 3.95%. This save a significant amount over time considering some banks compound their interests daily.
  • With a standing instruction, it would be impossible to miss repayment deadlines for the month - unless you have zero funds in your account.
  • As with its namesake, this loan allows you to use Interbank GIRO to make payment, which means you can pay your mortgage bill at the ATM machine or online!

Who can apply for this loan?

If you are a salaried applicant:
NRIC photocopy
Latest 3 months salary slip
Letter of Employment
Sales & Purchase Agreement/Booking receipt from developer
Valuation report
Copy of the Title Deed

If you are a self-employed applicant:
NRIC photocopy
Latest 3 months salary slip
Latest 6 months salary slip
Form 24 & 49
Sales & Purchase Agreement/Booking receipt from developer
Valuation report
Copy of the Title Deed

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