CIMB Variable Home Financing-i

Secure your dream house with this variable rate Islamic home mortgage that finances up to 90% of the property value at competitive profit rates and with fast 1-Minute CIMB InstaApproval!

    • Up to 35 years
    • Term Islamic financing
    • Floating Profit Rate
    • Up to 90% margin of finance
  • You BorrowEstimated Profit Rate
    up to RM3499994.55% p.a.
    more than RM3500004.35% p.a.

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

Apply online now for CIMB Variable Home Financing-i

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Fees & Charges

There are always fees but how much are they?

Late Penalty Fee
1% p.a. on outstanding payments
Processing Fee
Monthly Fee
Early Settlement Fee
Subject to terms of agreement with bank
Redemption Letter Fee
RM50.00 per request
Letter for EPF Withdrawal Fee
RM20.00 per request
Insurance Types
  • GMTP


Are you eligible for this CIMB home financing?

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

Frequently Asked Questions about CIMB Variable Home Financing-i

Things you might want to know

A home financing facility that is structured on the concept of Commodity Murabahah with profit rates pegged to Islamic Base Rate (IBR). Subject to your credit worthiness, CIMB can finance up to 90% of the value of your new property, whether completed or under construction.

What are the advantageous of this Islamic home loan?

If you want to convert your conventional home loan to this Islamic financing, CIMB is fully waiving the stamp duty for the conversion - no kidding. On top of that, there is no processing fee, setup fee and even monthly fee!

What is my obligation?

Your only commitment is to service your monthly instalment religiously. As this is a term Islamic financing, you cannot make excess repayment to reduce your interest calculation, however, it is considered as advance payment.

Now if you’re behind with your monthly instalment, a 1% penalty for late payment will be charged on the overdue instalment.

Do I need Takaful protection?

Unlike car insurance, you still can legally own a house without Houseowner Takaful. But it is advisable for you to take up a protection plan to shield yourself and family members against unforeseen events.

By adding 5% to your margin of financing, CIMB will not only absorb legal and valuation fees for you, but also providing you with Group Mortgage Takaful Plan.

Why should I get this Islamic home financing?

Apart from its cost-saving feature, CIMB Variable Financing-i offers competitive profit rates with capping mechanism to hedge you against the steep rise of IBR. It is also attractive for those income earners who like to take advantage of the fluctuation of market rate.

Who is eligible to apply and how?

Open to all Malaysians and permanent residents who are 18 years old and above.


  • NRIC photocopy
  • Latest 3-months salary slip
  • EA form / EPF statement (last 2 years)
  • Sales & Purchase Agreement / Booking receipt from developer


  • NRIC photocopy
  • Latest 3-months salary slip
  • EA form / EPF statement (last 2 years)
  • Sales & Purchase Agreement / Booking receipt from developer
  • Business registration A&D
  • Latest 3-months bank statement

Tell me more about CIMB InstaApproval!

With CIMB InstaApproval, it only takes 1-Minute to own your dream home. Approval will be given upon submission of complete documents with stable internet connection.

Application is simple and paperless as you only need to apply using your NRIC and Property Booking Form. The Letter of Offer can be printed on the spot!

Am I eligible to apply for CIMB InstaApproval?

As long as you are a salaried employee working in Malaysia with EPF contribution.

Do ensure that there isn't any form of misrepresentation on the information and documentation you've provided to avoid your home financing being withdrawn and/or cancelled.

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