CIMB Refinance Interest Rates 2026
Rate From
4.35%
p.a.
Base Rate (BR)
5.86%
Current
Spread
-2.16%
to -1.46%
Loan Details
- Min Loan: RM100,000
- Max Loan: RM10,000,000
- Max Tenure: 35 years
- Max LTV: 90%
Fees & Penalties
- Processing Fee: 0%
- Lock-in Period: 3 years
- Early Settlement: 2-3%
How Much Can You Save with CIMB Refinancing?
Example: RM400k property, RM250k outstanding, 25 years remaining
Current Bank (5.00%)
Refinance with CIMB (4.35%)
Your Estimated Savings
RM98/month
RM29,400 total over 25 years
Is CIMB Good for Refinancing? Honest Review
CIMB Bank is one of Malaysia's largest banks with strong digital banking capabilities and competitive mortgage products. Here's our honest assessment:
Pros
- High loan amounts — willing to approve larger loans for qualified borrowers
- FlexiHome flexibility — cash-out, redraw, and flexible payment features
- Good digital banking — easy online loan management via CIMB Clicks
- Islamic option available — Shariah-compliant home financing through CIMB Islamic
Cons
- Slightly higher rates — not always the lowest rate in market
- Stricter DSR requirements — may be harder for high-debt applicants
- 3-year lock-in — standard penalty for early exit
- Branch visits required — some processes still need in-person visits
Best For:
High loan amounts. Also ideal for borrowers seeking larger loan amounts, those who value digital banking convenience, and applicants interested in Islamic financing options. CIMB Preferred customers may get preferential rates.
Who Gets Approved? CIMB Refinance Eligibility
Citizenship
Malaysian citizens and PRs
Age
18 – 65 years old (at loan maturity)
Min Income
RM3,000/month (salaried & self-employed)
Loan Type
Conventional & Islamic (CIMB Islamic)
Property
Residential — landed & non-landed
Max DSR
70% (varies by income bracket)
Max LTV
Up to 90%
Credit Record
Clean CCRIS/CTOS record
Higher Approval Chances
- - Income above RM6,000/month
- - CIMB Preferred or Priority banking customer
- - Property in prime locations (Klang Valley, Penang, JB)
- - Low DSR (below 60%)
- - Stable employment with established company
May Face Challenges
- - Self-employed less than 2 years
- - Properties in less developed areas
- - DSR above 70%
- - Previous late payment records
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Pakar kami akan bantu anda compare 10+ bank dalam masa 24 jam
CIMB vs Other Banks — Refinance Comparison 2026
| Bank | Rate (%) | Islamic | Lock-in | Min Income | Cash Out |
|---|---|---|---|---|---|
| ★ CIMB | 4.35 | Yes | 3 yrs | RM3,000 | Up to 80% LTV |
| Maybank | 4.35 | Yes | 3-5 yrs | RM3,000 | Up to 80% LTV |
| Public Bank | 4.22 | Yes | 3 yrs | RM3,000 | Up to 80% LTV |
| Bank Islam | 3.80 | Yes (only) | 3 yrs | RM3,000 | Up to 80% LTV |
| RHB | 4.10 | Yes | 3 yrs | RM3,000 | Up to 80% LTV |
* Rates as of February 2026. Subject to change based on credit profile. Compare all 14 banks' rates →
Hidden Costs & Fees to Watch
Early Settlement Penalty
2-3% of outstanding balance if settled within 3-year lock-in period. On a RM500,000 loan, this could be RM10,000-15,000.
Legal Fees
Typically RM2,000 - RM5,000. CIMB occasionally offers zero legal fee packages during promotions.
Valuation Fee
RM300 - RM1,000 depending on property value and location.
Stamp Duty
0.5% of loan amount. May be exempted for first-time buyers or under RM500k.
MRTA/MLTA Insurance
CIMB may bundle MRTA with loan packages. Compare standalone insurance policies for potentially better coverage at lower cost.
How Fast is CIMB Refinance Processing?
Document Submission
Submit complete application via branch or online
Initial Assessment
CIMB reviews application and runs credit checks
Property Valuation
Valuer appointed to assess property value
Credit Approval
Faster than average bank processing time
Letter of Offer
Receive and accept loan offer
Legal Documentation
Lawyer handles loan documentation
Disbursement
Funds released, refinance completed
Pro Tip: CIMB Preferred and Priority customers often experience faster processing. Submit complete documents to avoid delays.
CIMB Refinancing Process (6 Steps)
Timeline: Typically 2-3 months from application to disbursement
Check Eligibility & Calculate Savings
Use our DSR calculator and refinance calculator to determine if switching to CIMB saves you money.
Prepare & Submit Documents
IC, salary slips (3 months), bank statements (6 months), EA form, existing loan statement, and property documents. Apply at CIMB branch, via CIMB Clicks, or through our free comparison service.
Credit Assessment & Property Valuation
CIMB runs credit checks (CCRIS/CTOS) and arranges property valuation. Ensure property is accessible for the valuer. Takes 1-3 weeks.
Loan Approval & Letter of Offer
CIMB issues Letter of Offer within 2-3 weeks. Carefully review the rates, lock-in period, fees, and all terms before accepting.
Legal Documentation
Appointed lawyer prepares loan agreement and handles mortgage documentation. This typically takes 3-5 weeks.
Disbursement & Settlement
CIMB settles your existing bank loan. Cash-out amount (if any) is credited to your CIMB account. Refinance complete!