CIMB

CIMB PR1MA Home Loan

To all singles and newlyweds looking to embark on a city lifestyle, CIMB offers you affordable housing loan under PR1MA with option to get higher and more flexible financing.

    • Up to 35 years
    • Semi-Flexi loan
    • Floating Interest Rate
    • 0 years lock in period
    • Up to 100% margin of finance
    • 30 days approval
  • You BorrowEstimated Interest Rate
    RM100000 - 4000004.65% p.a.

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

Apply online now for CIMB PR1MA Home Loan

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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
Waived
Early Settlement Fee
Subject to terms of agreement with bank
Redemption Letter Fee
RM53.00 per request
Letter for EPF Withdrawal Fee
RM21.20 per request

All fees & charges are inclusive of 6% GST if applicable

Requirements

Are you eligible for this CIMB home loan?

Minimum annual income
RM30000
Minimum age
21 years old
Maximum age
70 years old
Who can Apply
  • Malaysians

Frequently Asked Questions about CIMB PR1MA Home Loan

Things you might want to know

Moving into the city can be daunting for some, especially when housing prices are going through the roof! CIMB will make it less scary for you via home loan for PR1MA homes. Just take a gander…

Who is eligible for this loan?

As PR1MA is aimed at middle income earners, any Malaysian-born individuals or joint applicants whose monthly salary fall between RM2,500 – RM15,000 can get their hands on this end-financing package.

Most importantly, you must be at least 21 years old in order to be eligible.

Do I have to make a down payment?

You don’t have to, which make this an interesting fact about PR1MA financing. What will happen is CIMB will provide up to 100% financing of the property value, with an option to add another 5% for GMTA, legal fee and stamp duty coverage.

That is only a partial of the total cost of moving. You can increase the margin of financing for GMTA, legal fee and stamp duty expenses to 10% under Special PR1MA End Financing (SPEF) package.

How much is the fee I need to pay?

You mean processing fee? There no need to pay for it as CIMB has waived it for you. Unless, you take up SPEF package, there is a one-off fee of RM212 inclusive of GST.

What property can CIMB PR1MA Home Loan finance?

Any type of residential properties ranging between RM100,000 to RM400,000; landed or multi units dwelling (MDU); completed or under construction, provided they are located in Malaysia and under the PR1MA program.

What documents do I need to prepare?

First, you need to have several property documents such as a valid Offer To Purchase (OTP) letter from PR1MA followed by Sale & Purchase Agreement, Booking Receipt, Copy of Title and Valuation Report (for completed, subsale, auction and refinancing).

If you are an income earner:

  • Copy of NRIC
  • Copy of 3-month payslips
  • Latest EA form / EPF statement (last 2 years)

If you are self-employed:

  • Copy of NRIC
  • Copy of 3-month payslips
  • Latest EA form / EPF statement (last 2 years)
  • Last 3-month bank statement

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