What is RHB refinancing home loan rate in 2026?

RHB's refinance rates start from 4.10% p.a. as of February 2026. The actual rate depends on your credit profile, loan amount, property type, and whether you're an existing RHB customer. RHB uses a Base Rate (BR) system set by Bank Negara Malaysia. Their My1 Home Loan product is most popular for refinancing.

What is RHB My1 Home Loan for refinancing?

RHB My1 is their flagship home loan product that offers flexible repayment options for refinancing. Key features include the ability to reduce your loan tenure or monthly payments, a redraw facility for extra payments made, salary crediting benefits, and payment holiday options in certain situations. It's one of the most flexible home loan products in Malaysia.

Does RHB have a lock-in period for refinancing?

Yes, RHB has a 3-year lock-in period for refinancing. If you fully settle or refinance to another bank within this period, you'll incur an early settlement penalty of 2-3% of the outstanding loan amount. For example, on a RM300,000 balance, the penalty could be RM6,000-RM9,000. After 3 years, you can refinance freely without any penalty.

How long does RHB refinance approval take?

RHB refinance approval typically takes 2-4 weeks from complete document submission. The entire process from application to disbursement takes approximately 6-10 weeks, including: credit check (1-3 days), property valuation (1-2 weeks), underwriting approval (2-4 weeks), legal documentation (3-5 weeks), and final disbursement. Existing RHB customers may get faster processing.

Can I refinance from Maybank or CIMB to RHB?

Yes, you can refinance from any bank including Maybank, CIMB, Public Bank, UOB, or Hong Leong to RHB. RHB will settle your existing loan and create a new loan at RHB's rates. Ensure your current lock-in period has ended first. A broker can help compare if switching to RHB's 4.10% saves money after factoring in all refinancing costs (legal fees, stamp duty, valuation).

What is the minimum income for RHB refinancing?

RHB requires a minimum gross income of RM3,000 per month for home loan refinancing. This applies to both salaried employees and self-employed applicants. Higher income (above RM6,000) may qualify you for better rates. Professionals like doctors, lawyers, and accountants may get preferential terms and higher approval chances with RHB.

Does RHB offer Islamic home financing?

Yes, RHB offers Islamic home financing through RHB Islamic Bank. Their Shariah-compliant product is based on the Tawarruq (Commodity Murabahah) concept and offers competitive profit rates for refinancing. Both conventional and Islamic products are available, giving borrowers flexibility to choose based on their preference.

What documents are needed for RHB refinance?

Salaried employees need: MyKad (IC), latest 3 months payslips, latest 6 months bank statements showing salary credit, EA form or tax return, existing loan statement, and property documents (S&P agreement, title). Self-employed applicants need: SSM registration, 2 years tax returns (Form B), 6 months business bank statements, and business profile.

RHB Refinance Home Loan Calculator 2026

RHB Refinance Interest Rates 2026

Rate From

4.10%

p.a.

Lock-in Period

3 Years

Standard

Max Tenure

35 Years

or until age 70

Loan Details

Min Loan: RM100,000
Max Loan: Up to property value
Max Tenure: 35 years
Max LTV: 90%

Fees & Penalties

Processing Fee: ~0.1% or waived
Lock-in Period: 3 years
Early Settlement: 2-3% penalty

Compare all 14 banks' rates → Rates subject to change. Need extra cash? Calculate your cash-out amount.

How Much Can You Save with RHB Refinancing?

Example: RM500,000 property, RM300,000 outstanding loan, 30 years remaining tenure.

Your Current Loan

Interest Rate5.00%

Monthly PaymentRM1,610

Total Interest (30yr)RM279,600

Refinance with RHB

Interest Rate4.10%

Monthly PaymentRM1,451

Total Interest (30yr)RM222,360

Your Estimated Savings

RM159/month

RM57,240 total over 30 years

Calculate Your Savings Check Your DSR Calculate Cash-Out

Is RHB Good for Refinancing? Honest Review

RHB Bank is Malaysia's fourth-largest bank with a strong focus on retail banking. They're known for flexible home loan products and competitive rates. Here's our honest assessment:

RHB Advantages

Competitive rate (4.10%) — lower than CIMB (4.35%) and Maybank (4.35%)
My1 Home Loan flexibility — adjust payments, redraw facility, salary benefits
Good for professionals — doctors, lawyers, accountants get preferential terms
Redraw facility — access extra payments when needed. Calculate cash-out

Things to Consider

Not the absolute lowest — Bank Islam (3.80%) and StanChart (3.90%) are lower
Smaller branch network — fewer branches than Maybank, CIMB, Public Bank
3-year lock-in — standard penalty of 2-3% for early settlement
Processing variability — speed can vary by branch and loan officer

Best For:

Borrowers who value payment flexibility and competitive rates. RHB is ideal for professionals who appreciate personalized service, those who may want to make extra payments occasionally (redraw facility), and existing RHB customers who can leverage relationship banking for better terms.

RHB Refinance Eligibility Requirements

Age

21 – 65 years old

Citizenship

Malaysian citizens & permanent residents

Min Income

RM3,000/month (salaried & self-employed)

Loan Type

Conventional & Islamic (Tawarruq)

Property

Residential — landed & non-landed

DSR Limit

Up to 70%

Max LTV

Up to 90%

Existing Loan

Any bank can refinance to RHB

Higher Approval Chances With:

- Professionals (doctors, lawyers, accountants)

- Income above RM6,000/month

- Existing RHB customer with good track record

- Property in established residential areas

Check your eligibility with our DSR Calculator

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RHB vs Other Banks — Refinance Comparison 2026

Bank	Rate (%)	Islamic	Lock-in	Max LTV	Best For
★ RHB	4.10	Yes	3 yrs	90%	Flexible payments
Bank Islam	3.80	Yes	3 yrs	90%	Lowest rate
Public Bank	4.22	Yes	3 yrs	90%	Stability
CIMB	4.35	Yes	3 yrs	90%	FlexiHome
Maybank	4.35	Yes	3-5 yrs	90%	HouzKey

Rates are indicative and subject to change. Compare all 14 banks' rates → Hong Leong, AmBank, UOB

RHB Refinancing — Hidden Costs & Fees to Watch

Early Settlement Penalty

2-3% of outstanding balance during the 3-year lock-in period. On RM300k, that's RM6,000-RM9,000.

Legal Fees

Typically 0.4-1% of loan amount. Ask about RHB's promotional packages that may subsidize this.

Valuation Fee

RM200-RM1,500 depending on property value for professional valuation.

Stamp Duty

0.5% of loan amount. Exempted for refinancing instruments below RM500,000.

MRTA Insurance

RHB may require or strongly encourage MRTA. Get quotes from multiple insurers for fair pricing.

How to Apply for RHB Refinance — Step by Step

Typical timeline: 6–10 weeks from application to disbursement

Check Eligibility & DSR

Use our DSR calculator to ensure you qualify. Minimum income RM3,000/month, DSR below 70%.

Use tool →

Gather Documents

IC, latest 3 months payslips, 6 months bank statements, EA form/tax return, current loan statement, property documents (S&P, title).

Submit Application

Apply through our panel for free multi-bank comparison, or directly at any RHB branch or via their mobile app.

Valuation & Approval

RHB arranges property valuation. Credit assessment and underwriting takes 2-4 weeks from complete submission.

Sign Loan Agreement

Review and sign the Letter of Offer. Review My1 features carefully. Complete legal documentation with appointed lawyer.

Disbursement

RHB settles your existing loan with your old bank. New loan begins with lower monthly payments.

Why Use a Broker Instead of Applying Direct to RHB?

Direct to RHB	Through Our Specialists
One bank only	Compare 15+ banks simultaneously
Standard approval process	Higher approval rate
You handle all paperwork	We manage everything for you
Limited rate negotiation	Access to special rates
If rejected, start over	We match you to the right bank

Our service is 100% free — banks pay us, not you.

RHB Refinance Home Loan Malaysia 2026

RHB Refinance at a Glance