RHB

RHB My1 Home Loan

Free processing and no monthly fees mean you can lower your home loan repayments and save money for the things you've always wanted to do.

    • Up to 35 years
    • Semi-Flexi loan
    • Floating Interest Rate
    • 3 years lock in period
    • Up to 90% margin of finance
    • 30 days approval
  • You BorrowEstimated Interest Rate
    RM30000 - 5000004.65% p.a.

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

Apply online now for RHB My1 Home Loan

RinggitPlus will help you every step of the way.

By typing your contact information, you agree to our terms & conditions. We respect your privacy and are committed to handle your personal information safely and responsibly.

You've almost completed your application for RHB My1 Home Loan

To help you better we need to know a little bit more about your application.
Confirm your application

Oops. We can't seem to get a quote for you for a while there. Please click "Get Quote" again.

Please fill in all fields and enter a valid email

Thank you for applying with RinggitPlus!

We’ve sent you an email to help with your application.

Continue to RHB website

If you have any questions let us know at can@ringgitplus.com, we'd love to help!

Follow us to keep in touch and not miss out on offers and promotions.

Fees & Charges

There are always fees but how much are they?

Late Penalty Fee
1% p.a. of the outstanding amount
Withdrawal Fee
RM53.00 for each withdrawal
Processing Fee
No Fee
Early Settlement Fee
Subject to terms of agreement with bank
Redemption Letter Fee
RM53.00 per request
Letter for EPF Withdrawal Fee
RM21.20 per request
Insurance Types
  • MRTA

*inclusive of 6% GST

Requirements

Are you eligible for this RHB home loan?

Minimum annual income
RM18000
Minimum age
21 years old
Maximum age
40 years old
Who can Apply
  • Any nationality

Frequently Asked Questions about RHB My1 Home Loan

Things you might want to know

What is RHB My1 Home Loan?

RHB My1 Home Loan offers a variable interest rate pegged to the Base Rate ( BR) providing you with a fully flexible mortgage - the Base Rate has replaced the BLR in early 2015. You can also make additional payments on top of your regular monthly installment to reduce your loan principal and save on the total amount of interest that you pay.

RHB will be able to finance your home purchase for up to 90% of your property's market value, for a maximum tenure of up to 35 years or age 70 whichever is earlier. 

The RHB My1 Home Loan comes in three different flavours:

My1 Flexi Home Loan

This package allows you to pay extra cash against the principal. You can withdraw these extra payments at anytime during the loan (but you cannot withdraw money paid as normal monthly installments). There will be no lock-in period for this home loan plan!

My1 First Home Loan

This package offers 100% financing for those folks making their first few steps on the property ladder.

My 1 Revolving Home Loan

This package lets you pay extra money against the principal. You can withdraw money paid as a monthly installment or against the principal at any time.

Do I need to purchase any insurance with this mortgage?

Yes, you do. Fire Insurance policy is compulsory and the premium is payable once a year. If your loan amount is less than RM100,000, then MRTA is compulsory. If your loan amount is more than RM100,000 then MRTA is optional, but advisable.

What do I need to apply for this home loan?

If you are an employee earning a salary

A copy of Sale and Purchase Agreement or Booking Receipts
A copy of your identification card (front and back) or passport (first page)
Latest 3 months salary slip
Latest 3 months salary crediting statement
Latest EPF statement
Latest BE Form + Tax payment receipt

If you are self-employed

Sole Proprietor & Partnership – Form A & D
Private Limited – Form 24 & 49
Latest Form B + Tax payment receipt
Latest 6 months current account statement 

Read More