Rates

Malaysia bank Base Rates and the OPR

Updated:

Team Kira Dulu · Bank rates checked 24 Sep 2026 · Oldest rate in the table took effect 10 Jul 2025 · OPR checked weekly

Bank Negara Malaysia's Overnight Policy Rate (OPR) is 2.75% (decision of 3 Sep 2026). Since 1 August 2022, new variable-rate retail loans are priced on the Standardised Base Rate (SBR) plus a spread. BNM benchmarks the SBR to the OPR, so it is 2.75% at every bank below. Loans taken before August 2022 stay on the bank's own Base Rate (BR), which differs by bank. Verified Base Rates in the table range from 2.75% to 3.75%.

To see how one bank has moved its rates since May 2020, and what each change did to a standard home-loan instalment, read our Maybank Base Rate, SBR and BLR page.

For a bank whose Base Rate sits a full point above the OPR, read our CIMB Base Rate, SBR and BLR page, which carries CIMB's published rate history from January 2015 and the monthly cost of each of its home-loan pricing tiers.

For the bank with the highest verified BLR in this table, read our Hong Leong Base Rate, SBR and BLR page, which dates every Hong Leong change since January 2015 to the day, counts the days between all 13 OPR changes from July 2016 to July 2025 and Hong Leong's effective dates, and prices its conventional and Islamic home-loan rates side by side.

For a bank that publishes an indicative home-loan rate at every change since 2015, read our RHB Base Rate, SBR and BLR page, which prices RHB's standard RM350,000 loan at each of those rates and shows how many days after each BNM decision RHB's new rates took effect.

BankBase Rate (BR, pre-Aug 2022 loans)BLR / BFREffectiveSource
MaybankConventional2.75%6.40%11 Jul 2025maybank2u.com.my
MaybankIslamic2.75%6.40%11 Jul 2025maybank2u.com.my
CIMBConventional3.75%6.60%14 Jul 2025cimb.com.my
CIMBIslamic3.75%6.60%14 Jul 2025cimb.com.my
Public BankConventional3.27%6.47%11 Jul 2025pbebank.com
Public BankIslamic3.27%6.47%11 Jul 2025publicislamicbank.com.my
RHBConventional3.50%6.45%11 Jul 2025rhbgroup.com
RHBIslamic3.50%6.45%11 Jul 2025rhbgroup.com
Hong Leong BankConventional3.63%6.64%14 Jul 2025hlb.com.my
Hong Leong BankIslamic3.63%6.64%14 Jul 2025hlb.com.my
AmBankConventional3.60%6.45%14 Jul 2025ambank.com.my
AmBankIslamic—6.45%14 Jul 2025ambank.com.my
Alliance BankConventional3.57%6.42%15 Jul 2025alliancebank.com.my
Alliance BankIslamic3.57%6.42%15 Jul 2025alliancebank.com.my
Affin BankConventional3.70%6.56%11 Jul 2025affinalways.com
Affin BankIslamic—6.56%11 Jul 2025affinalways.com
Bank IslamIslamic3.52%6.47%10 Jul 2025bankislam.com
Bank RakyatIslamic3.60%6.58%17 Jul 2025bankrakyat.com.my
BSNConventional3.60%6.35%17 Jul 2025bsn.com.my
BSNIslamic3.60%6.35%17 Jul 2025bsn.com.my
OCBC MalaysiaConventional3.58%6.51%15 Jul 2025ocbc.com.my
OCBC MalaysiaIslamic3.58%6.51%15 Jul 2025ocbc.com.my
UOB MalaysiaConventional3.61%6.57%11 Jul 2025uob.com.my
UOB MalaysiaIslamic3.61%6.57%11 Jul 2025uob.com.my
HSBC MalaysiaConventional3.39%6.49%17 Jul 2025hsbc.com.my
HSBC MalaysiaIslamic3.39%6.49%17 Jul 2025hsbc.com.my
Standard Chartered MalaysiaConventional3.27%6.45%16 Jul 2025sc.com
Standard Chartered MalaysiaIslamic—6.45%16 Jul 2025sc.com
MBSB BankIslamic3.65%6.50%17 Jul 2025mbsb.com
AgrobankIslamic3.35%6.50%14 Jul 2025agrobank.com.my

How your home loan rate is worked out

A new variable-rate home loan is priced as the SBR plus a spread the bank sets for your loan. For example, SBR 2.75% plus a 1.35% spread gives 4.10% a year. Because the SBR is the same at every bank, the spread is what you compare between offers; it depends on the property, your profile and the package. A loan taken before August 2022 is priced as that bank's Base Rate plus its spread instead. When BNM moves the OPR, the SBR follows and banks normally move their Base Rate too, so your instalment changes. Try your own numbers in the home loan calculator.

What about car loan rates?

Car loans (hire purchase) in Malaysia use a flat rate agreed per case. Banks do not publish one standard rate, so there is nothing trustworthy to list here. A flat rate costs more than the same number as an effective rate; convert yours with the car loan calculator.

How this table is made

Each figure is copied from the bank's own reference-rate page, linked in the Source column, with the effective date the bank states. Rows we could not confirm on the bank's own site are marked instead of guessed. The OPR comes from the Bank Negara Malaysia OpenAPI and is re-checked every week. This page is information, not an offer; confirm the rate with the bank before you apply.

Use this data

Free to quote with a link. Suggested credit: Source: Kira Dulu, Malaysia bank Base Rates (24 Sep 2026), kiradulu.com.my/rates/. Download the CSV. Spotted a changed rate? Tell us.

Sources

  1. api.bnm.gov.my/public/opr
  2. maybank2u.com.my/maybank2u/malaysia/en/personal/rates/blr_rates.page
  3. cimb.com.my/en/personal/help-support/rates-charges/cimb-base-rate-base-lending-rates.html
  4. pbebank.com/en/rates-charges/loan-interestprofit-rates/
  5. publicislamicbank.com.my/personal-banking/financing-rates/
  6. rhbgroup.com/-/media/Files/others/highlights/announcements/H20250710-2.pdf
  7. hlb.com.my/en/personal-banking/help-support/interest-rates/reference-rate.html
  8. ambank.com.my/announcements/2025/revision-of-standardised-base-rate-base-lending-financing-rate-and-base-rate-july-2025
  9. alliancebank.com.my/Interest-Rates
  10. alliancebank.com.my/Islamic-Profit-Rates
  11. affinalways.com/en/rates-and-pricing
  12. bankislam.com/deposit-financing-rates/
  13. bankrakyat.com.my/portal-main/article/consumer-guide-reference-rate
  14. bsn.com.my/page/interest-rates
  15. bsn.com.my/page/profit-rates
  16. ocbc.com.my/personal-banking/loans/overview
  17. ocbc.com.my/ocbcal_amin/personal-banking-i/financing/financing-rates
  18. uob.com.my/online-rates/lending-and-financing-rates.page
  19. hsbc.com.my/content/dam/hsbc/my/docs/revision-of-standardised-base-rate-base-lending-financing-rate.pdf
  20. sc.com/my/deposits/interest-rates/
  21. mbsb.com/mbsbbank/sbr-br-bfr
  22. agrobank.com.my/product/rates/