Citibank

Citibank Housing Loan

A home mortgage that gives you more savings with competitive interest rates and the option to make extra monthly repayments even during construction, to help you save more on your paid interest.

    • Up to 30 years
    • Term loan
    • Floating Interest Rate
    • 3 years lock in period
    • Up to 89% margin of finance
  • You BorrowEstimated Interest Rate
    more than RM4500004.50% 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 Housing 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 Housing Loan

Things you might want to know

Why should I choose Citibank Housing Loan?

Applying online for a home loan is made quick and easy with Citibank Housing Loan. Starting with low competitive interest rates, up to 89% margin of financing for completed and under-construction properties and fast approval within 10 minutes - you're well on your way from home buyer to home owner.

Enjoy the flexibility to make larger repayments to bring your outstanding balance lower and pay less interest, and the option to postpone monthly instalments until construction is complete by paying just the interest charges required.

How does Citibank calculate my interest payments?

The rates on your mortgage with Citibank may change according to the Base Rate ( BR). Citibank will then calculate on a daily basis the interest payable, based on the outstanding loan amount.

What are my monthly commitments for this home loan?

Depending on your income, borrowing amount, spending and your relationship with the bank - such as owning a Citibank credit card or Citigold account, your Citibank Sales specialist may be able to arrange a better deal on your interest rate than the published rates.

What insurance can I choose with Housing Loan?

It is highly recommended that you take Mortgage Level Term Assurance ( MLTA) or Group Mortgage Reducing Term Assurance ( MRTA) to reduce the risk of losing your property due to unforseen circumstances.

Houseowner Insurance is compulsory for this mortgage.

Who can apply for this housing loan?

To apply for this mortgage you must be at least 18 years of age with an income that is no less than 3 times the monthly instalments to ensure that you can financially afford to repay this home loan.

Required Documents

Once you’ve made your decision to apply for the Citibank Housing Loan you'll need the following documents on hand:

For Salaried Employees:

  • Copy of NRIC (front and back)
  • Latest 3 months of your Salary Slips
  • Latest EPF statement
  • Sales and Purchase Agreement or Title or Booking Receipt (where applicable)

For Self-Employed:

  • Copy of NRIC (front and back)
  • Income tax returns - latest BE, B or EA Form (where applicable)
  • Form 24 and 49 (business registration forms, if applicable)
  • Bank statements for the last 6 months
  • Sales and Purchase Agreement or Title or Booking Receipt (where applicable)

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