BSN Pembiayaan Perumahan Rakyat

Making it easier for everyone to afford a home - a housing loan created for people with a variable income or who are self-employed.

BSN Pembiayaan Perumahan Rakyat
Up to 35 years
Interest Rate
from 4.05% 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
RM25,000 - RM100,0005.85% p.a.
RM100,001 - RM300,0004.05% p.a.
*Effective interest rate will be determined by BSN upon approval.


Minimum Annual Income
Minimum Age
  • 18 to 60 years old
Who can apply
  • Malaysians
  • Self-employed

Fees & Charges

Late Penalty Fee
1% p.a. p.a. of the outstanding amount
Processing Fee
Early Settlement Fee
2.5% within 3-years retention period
Redemption Letter Fee
RM50 per request
Letter for EPF Withdrawal Fee
RM20 per request
Insurance Types
  • MRTA
  • MRTT
  • Liability Reducing Term Takaful

More Information

What do I need to know about BSN Pembiayaan Perumahan Rakyat ?

Pembiayaan Perumahan Rakyat (PPR) is a home loan designed for those with irregular source of income and who are self employed to own a house with financing amount up to RM300,000.

BSN will be able to finance up to 100% of the value of the property, which is inclusive of MRTA/MRTT or TLRT.

What fees and charges do I need to pay?

MRTA fees5% from the total loan amount
Sales & Purchase Agreementnot more than 2% of total loan amount
Valuation feegreater than RM100
Disbursement feesRM100 ( varies according to state and type of property)
Transfer of Ownership Title feegreater than RM100
Processing feeWaived

Do I need insurance cover?

It is highly recommended to take up the Group Mortgage Reducing Term Assurance (MRTA) to hedge the risk of losing your family's property due to unforeseen circumstances. The fee for this policy is included in the 100% financing margin.

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 interest rate may result in higher monthly repayment
  • Important note: Your property may be foreclosed if you DO NOT keep up repayments on your BSN Pembiayaan Perumahan Rakyat account.

Why should I take BSN Pembiayaan Perumahan Rakyat?

  • With a standing instruction your repayments will be deducted from the home loan automatically!
  • You can use Interbank GIRO to pay your mortgage bill, so you can deal with your finances at the ATM machine or online.
  • 100% of the property value can be covered by the bank - how convenient is that?

Who can apply for this loan?

  • Malaysian citizen.
  • Age of 18 years old and above.
  • Financing amount up to RM300,000 only.
  • For financing of first home and for own residence only.

What documents are needed when applying?

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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