| Home Financing |
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Baiti Home Financing
Baiti Home Financing- i is a financing based on the Bai´ Bithaman Ajil (BBA) contract, a method of sale with a deferred payment plan (monthly installment). It can reduce your risks against interest, fluctuations and other risks you can do without. Baiti Home Financing-i enables you to own your dream home.
FEATURES
| Margin of Financing |
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High Margin of Financing |
| Financing Tenure |
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Up to 40 years, or age 65, whichever is earlier |
| Payment Holiday |
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- Payment Holiday gives customers the option to skip payment installment for the month of November and December annually.
- Payment Holiday is introduced as we are empathy towards customers financial needs as November and December are period where spending is high.
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| Financing Rate |
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Competitive financing rates |
| Processing Fees |
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Waived |
| Security Deposit |
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None |
| Eligibility |
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Resident/Non Resident |
| Takaful Coverage |
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- Long Term House Owner's Takaful - to protect your home from a wide range of disasters throughout the financing duration.
- Takaful Mortgage Plan - to guarantee payment of outstanding financing in the event of death or permanent disablement
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| Documents Required |
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- Photocopy of identity document (ID)
- Latest 3 months salary slip
- Employer’s confirmation letter
- J/EA Form / Latest EPF Statement
- S&P Agreement or Letter of Offering from Developer
- Latest EPF Statement
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| Benefits |
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- Selling price is known and easy to plan for the future
- Early settlement is entitled to rebates
- Payment method - Fixed or stepped-up monthly installment
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* Subject to terms & conditions
The above information is correct on the date of printing
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