Home Loan for Low Income Earners (First Time Buyers)

Is it possible to get a home loan if your monthly combined household income less than RM1,200? Yes, it is possible!

Basically, this program has been launched since 1976 with the purpose in helping low income earners, who are unable to secure any source of housing loan to finance their first house; either to build their own house or buy a completed low cost house. Some of the features & eligibility:

Age: 18 – 48 years oldMaximum loan amount: RM20,000 (first RM10,000 no service charge, second RM10,000 4% service charge)Loan repayment tenure: 5 – 20 yearsHousehold income: RM500 – RM1,200 (monthly)

Terms and conditions apply. For more information, visit kpkt

Bank Simpanan NasionalBank Islam MalaysiaSyarikat Perumahan Negara Bhd (SPNB – wholly owned by Minister of Finance, Incorporated)Syarikat Jaminan Kredit Perumahan Bhd (SJKP – wholly owned by Minister of Finance, Incorporated)

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