Own commercial property with flexible payments & withdrawals

This commercial property loan is open to Malaysian/PR of Malaysia/Foreigners/Director(s) of Property Investment Holding/Special Purpose Vehicle (SPV) companies registered in Malaysia who is eligible to own the Mortgage Property to be purchased according to the laws, rules and regulations currently in force in Malaysia.

  For individual borrowers, they must be either:

• Salaried individuals who are gainfully employed; or
• Self-employed individuals who are in business i.e. Sole Proprietor Partner of a firm/company.

Loan Amount: The minimum loan amount applicable for this loan is RM100,000 and the maximum loan amount entitled will be depending on the margin of financing of the loan.

Loan Tenure: The minimum loan tenure is 5 years and maximum is 30 years or up to borrower's age of 70 years old, whichever is earlier (excluding the construction period) for BUC.

For Under-Construction property: You have to service the interest during the construction period. The progressive interest is calculated based on the amount of progressive payment disbursed to the developer during the construction period.

For Completed property: Loan is repayable by monthly instalments over an agreed tenure and the loan tenure will commence from the day when the first monthly instalment commences. For completed property, you will need to pay your monthly instalments which consist of Principal and Interest (P+I).

Note: Interest on the loan facility is computed on daily rest basis based on 365 days in a year including leap year.

Below is the general list of income documents required. However, do note that the Bank may request for additional documents (if required).

Salaried:

1. Latest 3 months' Salary Slips
2. Latest Income Tax Return (Form BE) EA Form/Tax payment receipt

Self-Employed:

1. Latest 6 months' Business bank statements
2. Form 24 and 49/Business Registration Form
3. Latest Income Tax Return & Form/Tax payment receipt