HomeFlexi Smart loan facility is ideal for those who want to pay off their loan as quickly as possible. This product comes with the facility of prepaying your property loan. This will not only help you save interest on your advance payments, it will also will reduce your loan tenure.
|Margin of Financing||Up to 90%|
|Type of Financing||Flexi|
|Loan Tenure||70 years of age or up to 35 years, whichever is earlier|
|Interest Rate||Base Rate + 1.05% p.a. to Base Rate + 1.45% p.a. (depending on your loan amount)|
Note: Base Rate is 4.15% p.a., as specified on the CIMB website, effective from 2 February 2018.
|Secured OD||1% p.a. on the unutilised amount, only for the overdraft facility of RM250,000 and more|
|EPF Withdrawal||RM20 per withdrawal request|
|Late Payment Charges||1% of the outstanding arrears|
|Redraw Fee||RM25 per withdrawal request|
|Age Requirement||18 years and above|
|Application Type||Documents Required|
CIMB HomeFlexi Smart offers a high margin of financing of up to 90%, and gives you the flexibility to withdraw the prepaid amount easily. You can also save on interest charges when you prepay your loan. The loan application and approval process is simple, fast, and efficient.
Q. How much financing can I get for Group Mortgage Term Assurance (GMTA)?
A. You can get up to 5% financing for GMTA/Legal/Valuation.
Q. Do I have to pay any maintenance fees when I apply for the loan?
A. N. You won’t be charged any maintenance fees.
Q. Can I apply for this loan if my property is under construction?
A. Yes. You can apply for this loan for both residential properties under construction, and completed residential properties.
Q. Can I prepay my loan amount via CIMB Clicks?
A. Yes. You can pay via CIMB Clicks, as well as through any CIMB Contact Centre or a local CIMB branches.
Q. How long does the loan approval process take?
A. Your loan will be approved in just one minute, provided you submit all the mandatory documents.