Free up your cash flow, save on interest and own your business premises sooner at a lower cost with Business MortgageOne.
You want the security of owning property. But you now feel you are being held back by the fluctuating cost of your mortgages. You wish you could earn interest from your current account to help you with the rising inflation. We want to free you from uncertain interests so that you can plan ahead and invest more in your growing business.
What is Business MortgageOne Account?
Business MortgageOne is an all-in-one account whereby your current account and commercial mortgage loan are rolled into one account. Any deposits made into this account reduces your loan outstanding instantly and when your loan outstanding is lower, the interest you pay on the loan is subsequently lower. Therefore, because you save thousands of ringgit in interest and each ringgit goes into repaying your loan rather than repaying the interest, you can expect to trim off years of your mortgage period!
Business MortgageOne Key Features:
- Reduce interest charges
**Based on the example above, if you manage to maintain an average balance of RM 500,000 monthly in your current account, you are basically paying 0% interest on your mortgage loan.
• You can redraw excessive funds available for any purposes
The best part is while you get to enjoy significant interest saving, you can always redraw the excessive cash that you have from you Business MortgageOne Account current account, anytime you need it. You'll be given an ATM card, cheque book and phone banking for your convenience. That way, you can maximize your interest savings and still be ensured that you'll never miss out on great investment opportunities when it becomes available.
Other Business MortgageOne Account benefits
- Easy repayment options
- Save time and less hassle, by direct-debiting your monthly instalments from your current
account. - Interest calculated on daily balances,
- Repay faster without penalties
- Also available with All Costs Absorbed (ACA)
| Business MortgageOne Account Rates | |||
| 1st Year | 2nd Year | 3rd Year / Thereafter | |
| Completed without All Costs Absorbed |
Fixed 3.45% | BLR - 1% | BLR + 0.25% |
| Completed with All Costs Absorbed |
Fixed 5.95% | BLR - 0.75% | BLR + 0.25% |
For more information, contact your Relationship Manager or call SME Banking Hotline at
1300 888 111.