BSN MyHome

If buying a dream home is the next step in your life, BSN will help make it happen for you with this conventional home loan with low interest rates.

BSN MyHome
Up to 35 years
Interest Rate
from 4.4% p.a.
Loan type
Term loan
Interest Type
Floating interest rate
Lock In Period
5 years
Margin of finance
up to 90%

Interest Rate

The interest paid based on the home loan amount borrowed

You borrowEstimated Interest Rate
up to RM100,0006.85% p.a.
RM100,001 - RM300,0004.6% p.a.
RM300,001 - RM500,0004.5% p.a.
more than RM500,0014.4% p.a.
*Effective interest rate will be determined by BSN upon approval.


Minimum Annual Income
Minimum Age
  • 21 to 70 years old
Who can apply
  • Malaysians

Fees & Charges

Late Penalty Fee
1% p.a. p.a. of the outstanding amount
Processing Fee
Early Settlement Fee
Redemption Letter Fee
RM50 per request
Letter for EPF Withdrawal Fee
RM20 per request

More Information

What is BSN MyHome about?

Also known as BSN MyHome (Residential Property), the BSN MyHome is a variable rate basis home loan for financing a purchase of property either completed or under construction, refinancing or subsale. This home loan is a secured loan which requires you to offer your house as a security.

Depending on your loan approval, BSN can provide financing up to 90% of the property value for a maximum tenor of 35 years, or when you reached 70 years old, whichever comes first.

What is the home loan interest rate?

The interest rates vary depending on the loan amount applied and the borrowing period. You can refer to the table below for BSN MyHome interest rates. 

The maximum facility however, is based on the assessment of your financial standing, provided that it matches with your eligibility or payment capability.

Loan AmountTenureInterest Rate
RM100,000 and belowWhole tenureBR + 3.00%
RM100,001 to RM300,000Whole tenureBR + 0.75%
RM300,001 to RM500,000Whole tenureBR + 0.65%
RM500,001 and aboveWhole tenureBR + 0.55%

*Current BSN Base Rate is 2.60%.

How to repay my monthly instalments?

There are 2 straightforward ways you can choose from: (1) you can walk in to any BSN branches and pay it over-the-counter; or (2) you can manage it online via Standing Instruction or InterBank Giro.

Can I fully settle the financing before maturity?

Yes you can. But you have to submit a written notice to BSN to obtain the early settlement amount, after which the payment can be made at any time during working hours and at any of the bank’s branches.

Do I need an insurance coverage?

You are required to sign up for Mortgage Reducing Term Takaful (MRTA) to protect your interest in the event of death of permanent disability during the loan tenure. Also, you can apply for Houseowner or Fire Insurance to cover for loss and damage to your home and contents. 

You can check out some of the Home Insurance products here at RinggitPlus.

What documents do I need to prepare?

The main documents you are required to submit are BSN MyHome application form, your NRIC and a copy of Sale & Purchase Agreement. You should also supplement them with the following documents:

For individuals and joint applicant:

  • Latest original and copies of 3-months salary slip
  • Latest 3-months bank statement
  • Latest EPF statement
  • Employer Confirmation Letter
  • J Form or Latest Income Tax Declaration
  • Latest 6-months bank statement (other income)
  • Copy of Evaluation Report from panel valuer registered with BSN (for property purchase).
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