Citibank

Citibank FlexiHome Loan

A completely flexible home loan that lets you pay off your mortgage whenever you want! Pay extra when you can afford it or withdraw when you need extra cash.

    • Up to 30 years
    • Full-Flexi loan
    • Floating Interest Rate
    • 3 years lock in period
    • Up to 89% margin of finance
  • You BorrowEstimated Interest Rate
    more than RM4500004.60% p.a.

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

Get up to RM20,000 Cash Back with Citibank Home Loan

RM2,000 Guaranteed Cash Back 10 Minutes Approval Flexible Repayment Complimentary Bean Bag upon Loan Acceptance

Apply online now for Citibank FlexiHome Loan

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Fees & Charges

There are always fees but how much are they?

Late Penalty Fee
1% p.a. on amount past due x (number of days past due/365 days) for term loan/financing on a monthly basis
Withdrawal Fee
No Fee
Processing Fee
No Fee
Monthly Maintenance Fee
RM10.60
Early Settlement Fee
3% of total original loan/financing amount (the holding period is up to 3 years from date of full drawdown)
Redemption Letter Fee
RM53.00 per request
Letter for EPF Withdrawal Fee
RM10.60 per request
Insurance Types
  • Mortgage Level Term Assurance (MLTA)
  • Mortgage Reducing Term Assurance (MRTA)
  • Houseowner Insurance

*inclusive of 6% GST

Requirements

Are you eligible for this Citibank home loan?

Minimum annual income
RM84000
Minimum age
18 years old
Maximum age
70 years old
Who can Apply
  • Malaysians
  • Permanent Residents
  • Foreigners residing in Malaysia with valid working permit
  • *Other requirements may apply, subject to the Bank's review

Frequently Asked Questions about Citibank FlexiHome Loan

Things you might want to know

What do I need to know about the Citibank FlexiHome Loan?

FlexiHome from Citibank is a flexible housing loan linked to a current account. You can pay more than your monthly mortgage repayments to reduce your principal, and withdraw funds from the same account without giving prior notice to the bank. 

This is a great choice if you are looking for a mortgage as flexible as your budget. Subject to approval, Citibank can finance up to 89% of the total value of your new home purchase including properties that are still under construction.

How does Citibank calculate my interest payments?

The rates on this loan may change according to the changes in Base Rate ( BR). Your interest fee will be charged based on the net balance of the home loan account against your attached current account. 

What does that mean? This means that your attached current account is helping to bring down the cost of your home loan interest – something that's worth considering if you want to own your house fast.

What are my commitments with this home loan?

Your monthly instalments will depend on your income, loan size, spending, and relationship with Citibank such as holding a Citibank credit card or Citigold account - you may be able to arrange a better interest rate than the published one, just ask your friendly Citibank Sales Specialist!

What insurance does the Citibank FlexiHome loan offer?

Mortgage Reducing Term Assurance ( MRTA) or Mortgage Level Term Assurance ( MLTA) is highly recommended to hedge the risk of losing your family's property due to unforeseen circumstances. It’s totally optional, but a really good idea.

Houseowner insurance is compulsory.

Who can apply for this housing loan?

If you wish to apply, you must be at least 18 years of age. To be safe, it would be good to have an income no less than 3 times the monthly installment, to ensure you will be financially able to pay off the loan.

What documents do I need to provide when I make a home loan application?

If you are an employee earning a salary:

  • Front and back copy of NRIC
  • Latest 3 months salary slip
  • Latest EPF statement
  • Sales & Purchase Agreement / Title or Booking Receipt, where applicable

If you are self-employed:

  • Front and back copy of NRIC
  • Income tax returns - latest BE, B or EA Form (where applicable)
  • Form 24 and 49 (business registration forms, if applicable)
  • Last 6 months bank statements
  • Sales & Purchase Agreement / Title or Booking Receipt (where applicable)

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