BSN MyHome Youth Housing Scheme

Build the future house you always want with your significant other with BSN's conventional home loan. Enjoy RM200 off your monthly instalments with aid from the government and other cost-savings features.

BSN MyHome Youth Housing Scheme
Up to 35 years
Interest Rate
from 4.45% 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 - RM500,0004.45% p.a.
*Effective interest rate will be determined by BSN upon approval.


Minimum Annual Income
Minimum Age
  • 21 to 45 years old
Who can apply
  • Malaysians
  • First home buyers for married youth

Fees & Charges

Late Penalty Fee
1% p.a. p.a. of the outstanding amount
Withdrawal Fee
Not Applicable
Processing Fee
Early Settlement Fee
Subject to terms of agreement with bank
Redemption Letter Fee
RM50 per request
Letter for EPF Withdrawal Fee
RM20 per request

More Information

What is this product about?

BSN MyHome (Youth Housing Scheme) is an easy to apply home loan designed to help married youth to own their first home. The housing loan is calculated on a floating rate basis with your house is offered as collateral.

Subject to BSN’s due diligence, you could be financed up to 100% of the purchase price for a maximum tenure of 35 years. You also have the option to include MRTA insurance by adding 5%.

You can choose to finance any type of properties, completed or under construction, ranging between RM100,000 and RM500,000 with this facility. However, it is wise to note that the profit rate which you will get is depending on your profile and the property location. 

Who can apply for BSN MyHome (Youth Housing Scheme)?

Only married youth aged between 21 to 45 years can apply for BSN MyHome (Youth Housing Scheme), provided that their household income doesn’t exceed RM10,000 per month and must be a BSN Giro / BSN Giro-i accountholder.

What is so unique about this home loan?

As part of efforts to increase home ownership among youths, the government will give you RM200 aid money (or incentive if you will) to service your monthly instalments for a period of 2 years from the date of first disbursement.

Also, BSN will exempt 100% stamp duty on the transfer of ownership and facility documents for property price up to RM300,000.

Can I fully settle the loan early?

You may do so after the lock-in period of 5 years by writing to the bank a notice to obtain the early settlement amount, anytime during working hours and at any of BSN’s branches.

What documents do I need to prepare?

The main documents you are required to submit are the application form, your NRIC, a valid marriage certificate, stamped Sale & Purchase Agreement, Valuation Report, Copy of Title Deed and Statutory Declaration. Together with these documents, you attach the following:

If you are an employee earning a salary:

  • Latest 3-month bank statement
  • Latest 6-month salary slip/bank statement (other income)
  • EPF statement
  • Employer Confirmation Letter

If you are self-employed:

  • Company Registration
  • B/BE form + LHDN receipt
  • Company’s financial statement
  • Latest 6-month company’s bank statement
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