Citibank Islamic Home Partner-i

Save money on your Home Loan, make extra repayments with no extra fees - Home Partner-i lets you reduce your loan principal and tenure as you go

    • Up to 30 years
    • Semi-Flexi Islamic financing
    • Floating Profit Rate
    • 3 years lock in period
    • Up to 80% margin of finance
    • 21 days approval
  • You BorrowEstimated Profit Rate
    RM80000 - 70000001.05% p.a.

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

View product disclosure sheet.

Fees & Charges

There are always fees but how much are they?

Late Penalty Fee
1% p.a. of the outstanding amount
Processing Fee
Early Settlement Fee
3% of the remaining balance
Redemption Letter Fee
RM50.00 per request
Letter for EPF Withdrawal Fee
RM10.00 per request
Insurance Types
  • Fire Insurance
  • MRTT


Are you eligible for this Citibank home financing?

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

Frequently Asked Questions about Citibank Islamic Home Partner-i

Things you might want to know

What do I need to know about Citibank Home Partner-i?

Citibank Home Partner-i is a semi-flexible housing loan with non-zero moving cost that complies with the Syariah principles of diminishing Musharakah. This means you can pay in excess of your monthly loan repayments to reduce your loan principal. The faster you pay off the amount you borrowed, the less interest you'll pay and the sooner you'll own your home.

Subject to approval Citibank can finance up to 80% of the total value of your property. The bank will approve your borrowing based on how affordable your monthly repayments will be.  This usually means that your monthly mortgage bill should be no more than one third of your monthly income. 

If you want to borrow more money to help with your move an additional 5% of the house purchase cost can be added to your home finance package to cover those annoying extra bills, such as legal and evaluation fees, stamp duty and MRTT.

This loan is only available for completed properties. If you're building a house, or buying in a new-build development, the bank may only approve the loan after evaluating the property project and area.

What are my commitments with this home loan?

For a start, you'll have to pay a processing fee on top of the legal fees and stamp duty for charging the property to the bank. Once the bank has loaned out the money you will have to start paying your monthly mortgage bill.

Do I really need home insurance?

It's compulsory to buy fire insurance. Mortgage Reducing Term Takaful ( MRTT) is recommended to protect against the risk of losing your property due to unforeseen circumstance, such as an accident that prevents you form working.

What are the main benefits of Citibank Home Partner-i?

Firstly, any extra cash that you deposit over and above the monthly installment will automatically, and instantly, reduce your loan principal. The faster you pay off that loan principal the sooner you'll own your home and the less interest you will pay on the total mortgage. Note that interest is calculated daily and is based on the remaining balance in the loan account. There are no charges when you pay extra money onto your home loan, nor do you have to notify the bank when you make payments. 

Lastly, you will be shielded in the event of a very high IBR with a capped profit rate policy set up by the bank. The bank offers capped rates at 10.75% for the first ten years.

Who can apply for this housing loan?

You must be at least 21 years of age to sign up for this mortgage.

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

Salaried Applicant:

  • NRIC photocopy
  • Latest 3 months' salary slip
  • Latest income tax returns – latest Form J or EA Form
  • Latest EPF statement
  • Letter of Employment
  • Sales & Purchase Agreement
  • Valuation report
  • Copy of the Title Deed

Self-employed Applicant:

  • NRIC photocopy
  • Latest 6 months bank statement
  • Form 24 & 49(company registration forms)
  • Sales & Purchase Agreement/ Booking receipt
  • Valuation report
  • Copy of the Title Deed

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