Maybank is the largest bank in Malaysia with 384 domestic and 190 international branches and offices. They started their operations in Singapore in 1960, boosting 22 branches and 35 ATMs island-wide. Maybank was nominated for the Best Retail Broker Award and SIAS Investors’ Choice Award 2012.
Maybank provides residential home loans of both the fixed and floating rate varieties, with a consistent board rate provided. This board rate is known as Singapore Residential Financing Rate (SRFR), which is currently 3.75% annually. The bank will also provide a 30 day notice if revision is done to the SRPR. For floating rate home loan packages, homeowners can choose either the 3-month SIBOR-pegged packages or the Floating Rate packages which track Maybank’s home loan board rate. The bank also provides a bridging loan for property financing. There are also exclusive privileges for Maybank Home Loan customers where one can enjoy an interest free Renovation Loan for the first year subjected to terms and conditions.
Fees and Charges
Maybank Bank ATMs: Transfer funds from your Maybank Bank Savings or Current accounts to make your payment at Maybank Bank branches.
Express Payment machine: Make a check or cash deposit at Maybank Bank branches.
Phone Banking: Issue instructions to have your bank account deducted to pay for your home loan with your T-PIN.
You can also take a look at the full line-up of Best Home Loans in Singapore listed on our website and choose which is the right one for you.
Utilise iMoney’s home loan calculator to estimate your monthly repayments. If you are interested in taking out a Maybank home loan, Click the apply button and fill in a simple application form and you will be attended by experienced mortgage consultants.