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Alliance ONE Account

  • icon Interest Rate
    Interest Rate
  • icon New Base Rate
    New Base Rate
    2.57 %
  • icon Loan Type
    Loan Type
    Term Loan
  • icon Lock in Period
    Lock in Period
    3 years

icon New Base Rate Home Loan Calculator

RM
year(s)
Interest Rate
You Pay
RM /mth

What's so great about Alliance ONE Account?

  • Low profit rate

  • Consolidate your loan into one account

  • Lower monthly repayment

icon Eligibility

Suitable for: Completed homes, under-construction properties, refinancing
Margin of Finance: 90% + 5% for MRTA financing with insurance

Review by iMoney

  • Alliance ONE Account is a mortgage refinancing service which maximizing your property's positive value.You can consolidate all of your loans into ONE account and reduce your monthly repayment. Alliance Bank is offering up to 95% margin of financing (inclusive of legal fees and insurance/takaful financing) on the current value of your equity, with tenure of up to 35 years. The margin of financing for Overdraft Facility/Cashline Facility-i is up to 70%.

    AOA helps you to pay off your current loans/financing balances, conveniently consolidating multiple repayments into a single, easy to manage, financing scheme. This means you will have one monthly repayment that's lower than all your other repayments combined.

    Flexible repayment options lets you decide how you want to repay the Overdraft Facility/Cashline Facility-i. Take your time to lower monthly repayment, or just enjoy the peace of mind from having a few monthly commitments to worry about.

  • You are eligible for this mortgage if you own residential or commercial property.
  • If you have applied for an Alliance ONE Account, you will be asked to provide these supporting documents in order for the bank to process your application. These documents are listed below:

    • Application Form
    • NRIC / Identity Card
    • Copy of Sales and Purchase or Booking Receipt or Letter of Offer from Developer
    • Copy of Individual Title Deed
    • Property Valuation Report (for completed properties)
    • Latest 3 consecutive months of salary slips / vouchers
    • Latest 6 consecutive months of commission statement
    • Latest EPF statements (with 3 consecutive months or more transaction history)
    • Latest EA form
    • Latest 6 months Bank Statement
    • Letter of Confirmation of Employment and Remuneration
  • Online Transfer
    : Transfer funds from your Alliance Bank Savings or Checking accounts to make your payments online

    MEPS
    : Pay your loans at any of the MEPS ATMs (over 5,000) nationwide

    Interbank GIRO
    : Pay your loans through the Interbank GIRO fund transfer at the participating bank's branch or through online banking

    Standing Instruction Facility
    : Automatic deduction from your bank account every month

    Alliance Bank ATMs
    : Transfer funds from your Alliance Bank Savings or Checking accounts to make your payment at all Alliance Bank branches

    Express Payment machine
    : Make a check or cash deposit at Alliance Bank branches

    Payment by Mail
    : Mail to Alliance Bank with your check and statement enclosed in an envelope

    Phone Banking
    : Issue instructions to have your bank account deducted to pay for your home loan with your T-PIN