• CIMB HomeFlexi Smart-i

    CIMB HomeFlexi Smart-i

    CIMB HomeFlexi Smart-i financing package offers financing to buy a completed residential property as well as an under construction property. This scheme comes with a flexible range of tenures for you to choose from for the repayment and a high margin of financing. The facility also lets you withdraw funds anytime during the tenure.

    Margin of Financing Up to 90% of the evaluation of the property
    Financing Tenure A maximum of 35 years
    Type of Properties Covered Under-construction and completed residential properties
    Type of Loan Flexi
    Profit Rate (BR* + 1.05)% p.a. to (BR + 1.45)% p.a.

    *BR = Base Rate, that is currently 4.15% p.a.

    Features and Benefits

    • Get a high margin of financing for completed as well as under construction residential properties.
    • Choose your repayment tenure according to your affordability from a range of tenures available with this facility.
    • Make prepayments with ease and withdraw funds any time during the facility’s tenure as per your requirements.
    • Make payments conveniently at CIMB Islamic’s branch or via CIMB Clicks.
    • Get an additional margin of 5% in the form of GMRTT (Group Mortgage Reducing Term Takaful) with this scheme.
    • Get a processing fee waiver with this financing facility.

    Fees and Charges

    Stamp Duty The following are the Stamp Duty charges as per the Stamp Duty Act 1949:
    • Letter offer: RM10.
    • Principal document: RM5 per RM1,000.
    • Security document: RM10.
    • Standing instruction: RM10.
    Letter of Confirmation for EPF Withdrawal (per request) RM20.
    Processing Fee for EPF Withdrawal (per request) RM50.
    Redemption Statement (per request) RM50.
    Late Payment Charges During the tenure: 1% of the total outstanding amount charged on a daily basis.
    After the tenure ends: IIMM% (Islamic Interbank Money Market) of the total outstanding amount charged on a daily basis.


    Age Requirement A minimum of 18 years at the time of application.

    Documents Required

    Applicant Type Documents Required
    Salaried Applicants
    • NRIC – 1 copy.
    • Salary slips – last 3 months’ copies.
    • Bank statement – last 3 months.
    • Last EPF statement.
    • Sales and purchase agreement, or
    • The booking form from the developer.
    Self-employed Applicants
    • NRIC – 1 copy.
    • Business’ bank statement – last 6 months.
    • Business registration form.
    • Latest form B with a valid receipt of tax payment.
    • Sales and purchase agreement, or
    • The booking form from the developer.

    How to Apply

    Online Application
    • Visit the CIMB Islamic Bank’s website.
    • Choose the financing package.
    • Click on ‘Let Us Call You’.
    • Submit the necessary details like your name, contact number, and the property type and address.
    Offline Application
    • Visit your nearest CIMB branch.
    • Apply for the financing scheme.
    • Fill up the application form with the necessary details.
    • Submit the duly filled application form with all the required documents.

    You can get financing for residential properties with the help of CIMB HomeFlexi Smart-i. The financing facility comes with a high margin of financing to offer at competitive rates of profit. You can make prepayments and withdraw funds whenever you require with this facility. The facility also allows you to choose the repayment tenure according to your affordability.


    Q. Can I choose to convert my conventional loan to this scheme? If yes, what is the benefit of doing the same?

    A. Yes, you are allowed to convert your conventional housing loan to the CIMB HomeFlexi Smart-i. By opting for the same, you can get a 100% stamp duty waiver on the financing amount.

    Q. Is there a fee I need to pay to withdraw funds from the financing facility?

    A. Yes, if you want to withdraw funds from this financing scheme, you need to pay the following fees:

    • Withdrawals made at any CIMB branch: RM25 per withdrawal.
    • Withdrawals made via CIMB Clicks: RM10 per withdrawal.

    Q. What is the maximum allowed entry age for the financing scheme?

    A. These is no maximum allowed entry age for the financing package. However, the maximum allowed age at the time of maturity is 70 years.

    Q. Does the financing package require me to bring a guarantor to the application process?

    A. You might require bringing a guarantor to the application process of CIMB HomeFlexi Smart-i if the bank asks you to do the same. The bank will perform a credit assessment and ask for a guarantor accordingly. Unless the bank asks you to bring a guarantor, you are not required to bring a guarantor to the process.

    Q. Is there a monthly maintenance fee I will be charged with this scheme?

    A. No, you will not be charged with any monthly maintenance fee or any set-up fee with this financing package.

    Q. Is it mandatory to opt for the takaful protection with CIMB HomeFlexi Smart-i scheme?

    A. No, it’s not mandatory to opt for the takaful protection coverage with the scheme. But it is highly recommended for you to take the protection coverage to be secured against unfortunate events during the financing scheme’s tenure.

    Q. Can I make an early settlement on the remaining financing amount?

    A. Yes, you can make an early settlement on the remaining financing amount of this financing package. You will be charged with an early settlement fee in such a case.

    Q. Is there an advantage of opting for the early settlement with this facility?

    A. Yes, based on the duration of unutilised tenure of the facility, you will be entitled to a rebate (Ibra’) with the early settlement of the scheme.

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