You are here:

You are not logged on. Log on to  Log on to Internet Banking Icon: Not logged on

Property Financing

Ideal Home Plan

You have simple needs which makes this home loan ideal for you

Ideal Home PlanSimplicity is ideal when you have basic needs and do not require many features in a home loan. The Ideal Home Plan is especially suited to first time home buyers of a property worth up to RM100,000 in Peninsular Malaysia or RM120,000 in East Malaysia.

Let's Talk

 

How to know if the Ideal Home Plan is right for you?

  • Do you prefer regular, systematic repayments?
  • Do you not foresee having extra cash to deposit into your home loan?
  • Do you not intend to consolidate your idle funds into your home loan account?

 

If you've answered 'Yes' for all 3 questions, you may be a perfect candidate for Ideal Home Plan. If you have 1 or more 'No's, you may prefer a more flexible home loan such as HSBC HomeSmart.

 

Enjoy these benefits with HSBC Ideal Home Plan

  • Margin of financing up to 90%#
  • No monthly fee and set-up cost
  • Interest is calculated monthly
  • Consider pairing your home loan with Takaful Products for complete home and personal protection

 

Requirements

  • 18 to 65 years of age
  • Your home is your only residential property
  • Property value up to RM100,000 for Peninsular Malaysia or RM120,000 for East Malaysia
  • Not applicable for refinancing

 

Documents required:

  • A photocopy of identity card or passport
  • Your latest 3 months' salary slip
  • Your latest income tax return form (Form B/BE) or EA form or latest EPF statement not exceeding 12 months old
  • If new salaried employees (at least 3 months in service), Letter of Appointment or Confirmation letter from employer stating salary/allowances
  • Sale and Purchase Agreement/deposit or booking receipt/letter of offer from the housing developer
  • A photocopy of the land title (if any)
  • The latest bank statements dating back six months (compulsory in the absence of salary slips and/or EA Form) showing salary/payment credited to the account
  • If you are self-employed, you need to provide your business registration documents, latest 6 months bank statements, latest financial statements and other supporting documents to support your income
 

Disclaimers:

#Terms and Conditions apply

The following write ups are on products of HSBC Amanah Malaysia Berhad: