Public Bank MORE Plan

Pay minimal fees and get an attractive interest rate when you refinance your home! Enjoy a free Public Bank credit card, cash withdrawal, and overdraft facility.

Public Bank MORE Plan
Up to 40 years
Interest Rate
from 4.22% p.a.
Loan type
Semi-Flexi loan
Interest Type
Fixed/Floating interest rate
Lock In Period
3 years
Margin of finance
up to 90%
Approval in
30 days

Interest Rate

The interest paid based on the home loan amount borrowed

You borrowEstimated Interest Rate
more than RM200,0004.22% p.a.
*Effective interest rate will be determined by Public Bank upon approval.


Minimum Annual Income
Minimum Age
  • 21 to 70 years old
Who can apply
  • Any nationality
  • Salaried employee
  • Self-employed

Fees & Charges

Late Penalty Fee
1% p.a. of the outstanding amount
Withdrawal Fee
Processing Fee
RM50 to RM200, depending on the financing amount
Early Settlement Fee
2% to 3% within 3-year retention period, depending on loan size
Redemption Letter Fee
RM50 per request
Letter for EPF Withdrawal Fee
RM20 per request

More Information

What is the Public Bank More Plan about?

Planning to renovate your house but lack the funds? Having difficulty paying for your child’s education fees? 

Don't worry, Public Bank home loan lets you refinance or restructure your existing home loan and offers the best refinance interest rate.

This home loan refinancing plan comes with fixed and variable interest rates, with a semi-flexible repayment. You can choose either a term loan, an overdraft account, or both.

What refinancing package does Public Bank offer?

There are two worthy refinance home loan packages you can choose from; either a term loan with an overdraft or a house loan linked to a current account for interest calculation. 

If you chose an equal monthly instalment package, you can manage your finances better and have the flexibility to access funds anytime your want with an overdraft facility. With an overdraft, you can borrow from your account as and when you need it up to an agreed limit.

You can link your home loan account to your current account via the HomeSave package. When there is more balance in your current account, you can reduce interest charges quickly and enjoy more savings.

You can also withdraw excess cash from your home loan account whenever you want at a fee of RM50 per withdrawal. Nevertheless, prepayment and cash withdrawal services only kick in if your home loan is greater than RM100,000.

Are there fees and charges I should know?

That depends on which home loan refinancing options you have selected, really. For a term loan, you pay close to zero fees except for the usual stamp duty and legal and disbursement fees. 

If you choose an overdraft or a combination of both, the bank will charge you RM10 every 6 months at end of June and Dec on top of the usual stamp duties, legal and disbursement fees.

Do I need to pay for any insurance?

A Fire Insurance policy is compulsory. If your property has master group insurance, you can ask for a refund if you write to the bank. 

MRTA is optional and the one-time premium can be included in your home loan.

What kind of documents do I need to apply for this home loan?

Main documents:

  • Completed Application form
  • A copy of SPA / Booking Receipts / Letter of Offer from the Developer
  • Copy of IC (front and back) or latest valid passport & Visa / Work Permit / Employment pass

Salaried employee:

  • Latest 3 to 6 consecutive months of salary slips or vouchers
  • Latest EA From

And any of the following:

  • EPF Statement (latest not more than 1 year) or
  • Latest Tax Returns and Tax Receipts or
  • Employment Letter or
  • Latest 3 months' Bank Statement or Saving Passbook


  • Business Registration Certificate – Form 24 and Form 49
  • Latest 6 months' bank statements
  • Latest 1 year's Tax Returns and Tax Receipts
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