Affin Home Flexi Plus

    Affin Home Flexi Plus is a combination of term loan, an overdraft facility, and a full overdraft for financing your residential property. You can get a new or sub-sale financing on the property or you can refinance your existing loan under the scheme. Read on to know the details of the loan scheme.

    Loan Type Flexible.
    Finance Margin Up to 90% for term loan + overdraft; Up to 50% for full overdraft.
    Interest Rate Term Loan—BR + 0.76%. Overdraft—BR + 1.76% p.a.
    Loan Amount A minimum of RM100,000 with a minimum of 50% for overdraft facility.
    Loan Tenure 35 years or up to 70 years of age.

    Note: BR stands for Base Rate. BR is set to 4.10% p.a. as updated on 30 January 2018.

    Features and Benefits

    • Get a repayment period of 35 years or until you reach an age of 70 years, whichever is earlier.
    • Enjoy a low interest rate of BR + 0.76%.
    • Stay protected with the Mortgage Reducing Term Assurance (MRTA) coverage.
    • Make flexible excess payments and get the facility to redraw the excess payments done.
    • Get financing on residential properties irrespective of their construction status—completed or under construction.
    • Get a minimum loan amount of RM100,000 with an overdraft facility of RM50,000.

    Fees and Charges

    Stamp Duty Fee As per the Stamp Duty Act 1949 (Revised in 1989).
    Redemption Statement RM50 per request.
    Processing Fee Loan amount within RM30,000: RM50. Loan amount between RM30,000 and RM100,000: RM100. Loan amount above RM100,000: RM200.
    Letter of Confirmation for EPF Withdrawal RM20.
    Security Document Retrieval RM30 per request.
    Early Settlement Penalty 2% of the approved loan amount if settled completely within the lock-in period.
    Late Payment Fee 1% p.a. of the arrear amount.

    Eligibility Requirements

    Nationality Malaysians and non-Malaysians.
    Age Requirement 18 years and above.
    Property Value Above RM200,000.

    Documents Required

    Salaried Employees
    • Latest 3 months’ payslips.
    • Latest Form EA or Form B with the tax payment receipt.
    • Latest EPF statement.
    • Latest 3 months’ bank account statement to show salary being credited.
    • Letter from the employer to confirm your income.
    • Latest pension fund statement.
    • Latest 3 months’ bank account statement to show the pension being credited.
    Commission Earners
    • Latest 6 months’ commission statement.
    • Letter from the employer to confirm your income.
    Self-employed Applicants
    • Latest Form B with the tax payment receipt.
    • Latest profit & loss account.
    • Latest 6 months’ business account statement.
    Limited Company/Sedan Berhad:
    • Latest 6 months’ personal account statement.
    Other Income Documents, if applicable
    • Rental income receipts or tenancy agreement.
    • Unencumbered fixed deposit certificates.
    • Director’s fee as shown in audited profit & loss account.
    • Other deposits, investments, and unit trust.
    • Sales vouchers for agro-based transactions.
    Mandatory Documents
    • A copy of NRIC.
    • Sale & Purchase Agreement.
    • Booking receipt from the developer (if under construction).
    • A copy of valuation report from the bank-approved panel of valuers.

    How to Apply

    Online Method
    • Visit the bank’s website.
    • Open the Affin Home Flexi Plus loan page.
    • Click on the “Apply Now” button.
    • Fill up the required details in the form and submit it.
    • A bank’s representative will contact you to assist you in the application process.
    Offline Method 1
    • Download the mortgage loan application form from the website.
    • Print the form and fill up relevant information.
    • Attach the necessary documents and submit the documentation to the branch.
    Offline Method 2
    • Visit the nearest branch office.
    • Express your interest in applying for the loan.
    • Fill up the application form.
    • Attach the necessary documents.
    • Submit the documentation to the branch.


    Get the benefits of a term loan and an overdraft facility in a single home loan scheme i.e. Home Flexi Plus. Since the loan includes a variable interest rate, you may expect variations in rates often. Read through the fine print of the loan agreement to be sure of how the loan works.


    Q. Does the interest rate change if I default my payments for 3 months?

    A. Yes. The bank reserves the right to change the prescribed interest rate to BR + 4.35% p.a. if you default your payments for 3 months.

    Q. When does the instalment payment begin?

    A. If your property is under construction, you have to pay the interest during the construction period. Generally, the instalment payment begins after a month from the date of full drawdown.

    Q. Does the approved loan amount include financing for MRTA premium?

    A. Yes. If you chose to buy MRTA, the loan amount approved will include financing for MRTA premium, legal & documentation cost, valuation fee, and stamping fee.

    Q. How often is the interest calculated?

    A. The interest is calculated on a daily basis.

    Q. Does the loan scheme have a retention period?

    A. Yes. The retention period of the scheme is set to 3 years from the date of the first disbursement.

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