Bank of China Housing Loan (conventional)

Up to 30 years

Term loan

Floating Interest Rate

3 years lock in period

Up to 90% margin

Borrowing RM Monthly Repayment

Profit Rate

How Long Year
max 35 Year
Flexi/Term Lock in Period Islamic or Conventional
All Flexi Term All Yes No All Islamic Conventional

Bank of China Housing Loan

Are you looking for a straightforward home loan with zero processing fees? The Bank of China Housing Loan might tickle your fancy

    • Up to 30 years
    • Term loan
    • Floating Interest Rate
    • 3 years lock in period
    • Up to 90% margin of finance

You Borrow

Estimated Interest Rate

RM100000 - 499999

5.05% p.a.

more than RM500000

4.85% p.a.

  • *Effective interest rate will be determined by Bank of China upon approval.


Fees & Charges

There are always fees but how much are they?

Late Penalty Fee - 1% p.a. of the outstanding amount

Processing Fee - RM212.00

Early Settlement Fee - Subject to terms of agreement with bank

Redemption Letter Fee - RM106.00 per request

*inclusive of 6% GST



Are you eligible for this Bank of China home loan?

Minimum annual income - RM48000

Minimum age - 21 years old

Maximum age - 70 years old

Who can Apply - Any nationality


Frequently Asked Questions about Bank of China Housing Loan

Things you might want to know


Can Malaysians apply for the Bank of China Housing Loan?

Yes. Bank of China has been in Malaysia since 2001, with many branches all over the country offering financial products for locals, permanent residents and Chinese nationals alike. This housing loan from Bank of China is a no frills mortgage tied to the BR - If you are looking for a straightforward home loan with no processing or monthly maintenance fees, you've come to the right place!

Subject to a credit check, the bank lets you finance up to 90% of the property up to 30 years.


How does it work?

The Bank of China Housing Loan works like any conventional home loan with fixed monthly repayments. Your instalments may change according to any changes in the BLR, but you can always pay in excess to reduce your loan principal - you will need to inform the bank one month in advance, in writing of course. Unfortunately, the bank does not allow for withdrawals on your extra repayment.


What kind of fees do I need to pay?

The bank will not charge you for any unnecessary monthly or set-up fees. You will only need to fork out some cash for evaluation done on your property, stamp duties, and disbursement fees.


Would I need to purchase insurance?

A Fire Insurance policy is compulsory for all home loans, and the premium is chargeable once every year.


Great, what documents do I need?

For Salaried Employee:

  • Copy of MyKad (front and back) or latest valid passport & Visa / Work Permit / Employment pass
  • A copy of Sales and Purchase Agreement
  • Latest 3 consecutive months salary slips or vouchers
  • Latest Tax Returns and Tax Receipts or
  • EPF Statement (latest not more than 1 year) or bank statement of salary crediting account
  • Loan statement for the preceding 6 months from existing financier (if any)
  • Evidence of sale of existing property (if applicable)
  • Tenancy Agreement (if applicable)


  • All the document above if applicable and
  • Business Registration Certificate – Form 24 and Form 49
  • Last 6 months bank statements