Based on the Shariah concept of Tawarruq, our Home/ Property Financing-i offers you variable rate home/ property financing solutions.
Features:
- Profit is calculated based on variable rates
- Protected throughout the financing period with capping rate
- Margin of finance of up to 95% (inclusive of Mortgage Reducing Term Takaful ("MRTT")) for Home Financing-i
- Margin of finance of up to 85% (inclusive MRTT)
- Financing tenure of up to 35 years or up to age 70 years for Home Financing-i
- Financing tenure of up to 25 years or up to age 70 years for PropertyFinancing-i
- No profit capitalisation (compounding of profit)
- Processing fees waived
- 20% stamp duty discount for new financing of residential property(ends 31 December 2017)
- Easy access to your fund via ATM card and AmOnline on your current account
- Privilege of getting AmBank Islamic credit card and enjoy its benefits
Click the following Product Disclosure Sheets for more details: