CIMB Malaysia My Second Home Loan

Want to retire in Malaysia? MM2H makes it so easy for you and your family to own a home at the best location. Apply for full-flexi or term loan!

    • Up to 35 years
    • Full-Flexi loan
    • Floating Interest Rate
    • 5 years lock in period
    • Up to 90% margin of finance
    • 30 days approval
  • You BorrowEstimated Interest Rate
    RM100000 - 2000005.05% p.a.
    RM200001 - 4000004.75% p.a.
    more than RM4000014.45% p.a.

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

Fees & Charges

There are always fees but how much are they?

Late Penalty Fee
1% p.a. of the outstanding amount
Withdrawal Fee
There is a RM10 monthly maintenance fee instead of a withdrawal fee
Processing Fee
Monthly Fee
Early Settlement Fee
2% of the remaining balance
Redemption Letter Fee
RM53.00 per request
Letter for EPF Withdrawal Fee
RM21.20 per request
Insurance Types
  • GMTA
  • Fire Insurance

*inclusive of 6% GST


Are you eligible for this CIMB home loan?

Minimum annual income
Minimum age
18 years old
Maximum age
70 years old
Who can Apply
  • Any nationality

Frequently Asked Questions about CIMB Malaysia My Second Home Loan

Things you might want to know

What is the Malaysia My Second Home Loan?

Malaysia My Second Home Programme was introduced by the Government of Malaysia to allow foreigners who meet certain criteria to stay in Malaysia for almost as long as they like on a multiple-entry social visit pass. All you have to do to get in is apply through a licensed agent of your choice and submit the required documents.

Does my new home have to be above a certain price?

Once you're on MM2H making an application for a home loan with CIMB couldn't be easier. Take note that the minimum purchase is RM200000 and that's for completed properties only. CIMB offer financing for up to 90% of the value of your new home, with an additional 5% for added insurance should you need it.

It is important to note that in 2014 a proposal to increase the floor price of property ownership for foreigners moving to Malaysia will come into effect. The minimum purchase price will rise to RM1 million. CIMB's Malaysia My Second Home Loan offers both a fixed and flexible repayment schedule.

What is the difference if I choose a fixed or flexible mortgage?

Take your time to read through out reviews of CIMB HomeFlexi and HomeLoan which are, essentially, the plans that you will get to choose from.

If you choose flexible repayments you can deposit extra payments over and above your monthly installments. Excess paid will be accounted as loan principal repayment. It can also be withdrawn as and when you need extra funds.

How about insurance?

Group Mortgage Reducing Term Assurance ( MRTA) is optional, but is highly recommended to protect you from the risk of losing your family's property due to unforeseen events, such as illness, accident, loss of employment or death. Fire insurance is compulsory for most mortgages.

What kind of documents do I need?

Ready to move to Malaysia? Great, here's what you need:

  • A fixed deposit account
  • Passport
  • Letter from Ministry of Tourism certifying your participation in the MM2H Programme.
  • Sales & Purchase Agreement
  • Income documents (if higher margin is required)
  • Applicants aged below 50 years are required to show proof of liquid assets worth a minimum of RM500000 and offshore income of RM10000 per month

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