Maybank Skim Rumah Pertamaku

Owning a house is no longer beyond your reach! Get your first home without saving up for a downpayment, pay minimal fees, and high borrowing limit.

Maybank Skim Rumah Pertamaku
Up to 35 years
Profit Rate
from 3.8% p.a.
Loan type
Term islamic financing
Interest Type
Floating profit rate
Lock In Period
3 years
Margin of finance
up to 100%

Profit Rate

The interest paid based on the home loan amount borrowed

You borrowEstimated Profit Rate
RM100,000 - RM300,0003.95% p.a.
RM301,000 - RM400,0003.8% p.a.
*Effective profit rate will be determined by Maybank upon approval.


Minimum Annual Income
Minimum Age
  • 21 to 40 years old
Who can apply
  • Malaysians

Fees & Charges

Late Penalty Fee
1% p.a. p.a. of the outstanding amount
Processing Fee
Early Settlement Fee
1% Subject to terms of agreement with bank
Redemption Letter Fee
RM50 per request
Letter for EPF Withdrawal Fee
RM10 per request
Insurance Types
  • MRTA
  • MRTT

More Information

What do I need to know about Maybank Skim Rumah Pertamaku?

The Skim Rumah Pertamaku (SRP) or My First Home Scheme was launched by the Malaysian government in 2011 to help young adults to own their very first home. With property prices rising by the day, the government has offered a housing loan package with no downpayment, minimal set-up fees, and low income requirements.

How do I meet the requirements for this Maybank loan?

This Maybank home loan is designed especially for those with an income of less than RM5,000 a month. For joint borrowers, say you want to get a loan with your wife or husband, your total monthly income shouldn't exceed RM10,000, assuming both individual incomes should be no more than RM5,000 per month.

Other than that, the property that you are planning to finance must be your first home and not used for investment purposes such as renting out to other people. To fully own it, you must live in it!

What is the range of financing amount?

With 100% margin of financing, you can borrow up to the whole selling price of your new home, subject to a minimum borrowing amount of RM100,000 up to a maximum of RM400,000. You won't have to save up for a downpayment, just make sure you pay your monthly instalments.

Is there a lock-in period and early settlement fee?

Yes and no. If you're taking up conventional home loan, there's a lock-in period of 3 years. On the other hand, if you take up an Islamic mortgage, you won't be subjected to one . Since there's lock-in period of 3 years for a conventional mortgage, you are not advised to settle the loan early as you will be charged an early settlement fee.

A little tip for Maybank first home buyer – if you think you're able to settle the mortgage loan within 3 years, you can consider to take up Maybank Islamic My First Home Scheme. However, you will have to adhere to Syariah principles.

Do I need to buy insurance or takaful for my house?

It is compulsory for you to purchase fire insurance or fire takaful. In addition to that, the Mortgage Reducing Term Assurance (MRTA) is also compulsory in order to be approved for this housing loan.

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