RHB home loan interest rates
RHB Bank is one of the major banks in Malaysia and provides a full range of financial services through some 180 branches across Malaysia, Thailand, Brunei and Singapore. As of end 2010, RHB Bank Group’s total assets amounted to more than RM 119 billion. RHB Bank was established in Singapore in 1961 as UMBC, and, through a series of growth expansion and mergers, became known as RHB Bank Berhad Singapore (RHBS) in 1999. As a fully-licensed bank, RHB’s business activities includes offering savings and fixed deposits to the public as well as providing loans and credit services to individuals and institutions. RHB Bank Berhad (Singapore) businesses are categorized into five (5) major segments, namely Consumer Banking, Corporate Banking, Business Banking, Investment Banking and Treasury services.RHB Bank Berhad Singapore now has seven branches around the city. RHB Bank Berhad Singapore is also the first and only bank in Singapore and Malaysia to be awarded the prestigious “Best Customer Experience Management of the Year Award” in banking service by APCSC Hong Kong.
RHB provides a wide range of fixed or floating rate home loans just like the other banks. Home owners can also make partial prepayment on their loan of up to 20% of the loan amount at no charge, even during a lock-in period. For legal fees, RHB also offers you a subsidy of up to $2,500 at 0.5% of your loan amount. Potential home buyers who are looking to buy properties in the Geylang area (red-light district) will also be happy to know that RHB is one of the few banks here that will finance properties in the Geylang area, which most other banks do not do. Home owners will also be pleased to know that the bank will pay for the first year premium of your fire insurance for both HDB and private property loans.
As leading Singapore mortgage brokers, let us get you the lowest mortgage packages for: