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

    • Up to 35 years
    • Term Islamic financing
    • Floating Profit Rate
    • 3 years lock in period
    • Up to 92% margin of finance
    • 30 days approval
  • You BorrowEstimated Profit Rate
    RM25000 - 1200005.60% p.a.

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

Apply online now for BSN Pembiayaan Perumahan Rakyat

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Fees & Charges

There are always fees but how much are they?

Late Penalty Fee
1% p.a. of the outstanding amount
Processing Fee
Early Settlement Fee
2.5% within 3-year retention period
Redemption Letter Fee
RM50.00 per request
Letter for EPF Withdrawal Fee
RM20.00 per request
Insurance Types
  • MRTA
  • MRTT
  • Liability Reducing Term Takaful


Are you eligible for this BSN home financing?

Minimum annual income
Minimum age
18 years old
Maximum age
60 years old
Who can Apply
  • Malaysians
  • Self-employed

Frequently Asked Questions about BSN Pembiayaan Perumahan Rakyat

A mortage for the self-employed and those with a variable income

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

Pembiayaan Perumahan Rakyat (PPR) is a home loan is designed for those with irregular source of income and who are self employed to own a house with financing amount up to RM120,000.

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

How much will this home loan cost me?

This home loan is not a tiered home loan with one flat interest rate of BR + 3% throughout the entire tenure, meaning that your monthly repayments will not change with any movement in the Base Rate.

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 RM120,000 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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