Maybank started operating in Singapore as a fully-licensed commercial bank in December 1960. From the first local Branch in South Bridge Road almost 50 years ago, Maybank quickly and aggressively expanded their reach and types of services offered. Today, Maybank’s 27 service locations in Singapore help to meet the banking and financial needs of corporations and individuals alike.
Maybank is committed to bringing seamless banking and a wider spectrum of value-added financial services to it’s valued customers. By harnessing the latest technological advances to increase the network’s effectiveness, Maybank customers are able to conduct their banking transactions at any time and anywhere in the world, via the traditional as well as electronic channels.
Maybank remains strongly committed to the Singapore operations, and the 32-storey headquarters, Maybank Tower, is the physical manifestation of this. As a QFB, Maybank Singapore explores strategic alliances with the other QFBs for mutual benefit, and for the benefit of their customers who can expect to see a bank that is closer to them – a Bank that understands their unique requirements.
Maybank became the first and only Bank to receive triple certification for Singapore Quality Class, Singapore Service Class and People Developer from SPRING Singapore in 2009. In Maybanks continuous pursuit for business excellence, Maybank attained certification in Innovation Class by SPRING Singapore in 2010, becoming the first Bank in Singapore to achieve all four certifications at an enterprise level.
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.
Who can apply for Maybank Home Loans?
- Singaporean citizens and permanent residents.
- Foreigners who are residing and working in Singapore.
- Malaysians that are looking to invest in properties in Singapore/li>
Utilise SGDTips’ 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