Interest Rate


Monthly Repayment


1. I want to borrow
2. For how long
Public Bank Highlights
  • Zero Entry Cost Packages
  • Overdraft facilities available
Terms & Conditions
  • Minimum Age: 21 Years
  • Loan Tenure: Up to 35 Years
  • Margin of Finance: 90% + 10% for financing of MRTA and other entry costs
  • Suitable for: Completed & under-construction properties, refinancing

Is a Public Bank Home Loan Right for Me?

The Public Bank housing loan products offered by Public Bank include the 5 Home Plan, which gives you the option to choose from a fixed, flexi and graduate loan repayment and the MORE Plan, which is optimised for property refinancing.

The 5 Home Plan gives borrowers the flexibility of choosing fixed or floating rate pricing. There is also a graduate home loan option, which allows interest only payments for the initial loan period in order to maximise affordability. An Islamic loan plan is available under Public Bank housing loan which enable you to enjoy fixed profit rates that are not subject to fluctuation in BLR. Public Bank Home Loans have a lock in period of 3 years, during which borrowers will need to pay a 2% early settlement fee if they decide to refinance or sell their property. The early settlement penalty will be based on the outstanding loan.

There are several benefits that you will gain when you sign up to this exclusive Public Bank housing loan product. Firstly, you can save even more as interest rates are calculated on daily basis. Via Public Bank housing loan, you are entitled to credit cards with Exclusive Annual Fee waiver for the entire loan tenure for eligible customers. You can also opt for redraw facility when you sign up to this particular Public Bank housing loan.

Each of Public Bank’s home loan plans offer a zero entry cost option. The margin of financing for Public Bank Home loans can go up to 100% inclusive of legal fee, stamp duty and MRTA (Mortgage Term Reducing Assurance) financing. Home loans are available for a tenure of up to 35 years, or until the borrower reaches 70 years of age. Purchase of Mortgage Reducing Term Assurance (MRTA) and Personal Accident Insurance (PA) is compulsory.

Public Bank has an exclusive tool namely Public Bank home loan calculator for you to estimate your monthly repayment. So how to use this Public Bank home loan calculator? Just log on to brand new Public Bank official website and search for the Public Bank housing loan calculator. Then just insert the costs of the house, your monthly income and your desired loan tenure into the exclusive Public Bank housing loan calculator; then you will find out how much you could borrow and how much you need to pay every month. That’s how the Public Bank mortgage calculator works.

Public Bank Home Loan Packages

Public Bank offers a variety of home loan packages that suit different purchase types. The 5 Home Plan and the MORE Plan’s details are in the table below

Product Key Features Is this a flexi package?
5 Home Plan
  • Choose from a range of fixed, flexi and graduated loan packages
  • Loan period of up to 35 years
  • Optional redrawal and overdraft facilities
Yes, semi-flexi
  • Tailored for refinancing use
  • Eligible borrowers get complimentary credit card with annual fee waiver
Yes, full flexi

Details of Public Bank’s Flexi Home Loan Packages

Flexi home packages allow borrowers to make extra repayments every month in order to reduce their monthly interest charges. These packages come with requirements, fees and conditions that should be considered alongside their benefits.

5 Home Plan MORE Plan
Flexi type Semi-flexi Full-flexi
Is a linked bank account required? No No
Account Maintenance Fees No No
Redrawal Fees RM50 RM50

Am I Eligible for a Public Bank Home Loan?

Only individuals over 21 years of age may apply for a Public Bank home loan.

What Documents Will I Need to Prepare?

If you have applied for a Public Bank Home Loan, you will be asked to provide some 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

Sounds Great! How Should I Proceed?

You can use the Public Bank home loan calculator to calculate your monthly repayments, based on your desired property value and loan amount. Once you are ready to apply, you can make a free enquiry through iMoney, and we will call you back. Applying for a home loan with iMoney is absolutely free of charge. If you are not sure whether this home loan by Public Bank is your best option, click here to compare other home loans in Malaysia.

Is It Easy to Repay my Public Bank Home Loan?

Public Bank has a wide branch network spanning the whole Malaysia. Outside of branch banking, there are other more convenient methods of payment as well.

Online Transfer
Transfer funds from your Public Bank Bank Savings or Checking accounts to make your payments online
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
Public Bank ATMs
Transfer funds from your Public Bank Savings or Checking accounts to make your payment at all Public Bank branches
Express Payment machine
Make a check or cash deposit at Public Bank branches
Payment by Mail
Mail to Public 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

If you are looking for other home loans, you may also consider
Al Rajhi Bank Home Loan
The home loan rate from Al Rajhi Bank starts from Base Rate (BR) 4.25%. There is no flexi loan package option available for this loan and there is a maximum of 90% margin of financing. There is no lock-in period for this home loan.
Bank Islam Home Loan
Bank Islam provides a housing loan rate starting from Base Rate (BR) 3.90%. The option of a flexi loan package is not available and there is a maximum of 90% margin of financing. The lock-in period for this housing loan is 5 years.
MBSB Home Loan
At MBSB, the mortgage rate starts from BLR-1%. The option of a flexi loan package is not available for this loan and there is a maximum of 90% margin of financing. The lock-in period for the mortgage is 5 years.
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