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%.
| Bank | Base Rate (BR, pre-Aug 2022 loans) | BLR / BFR | Effective | Source |
|---|---|---|---|---|
| MaybankConventional | 2.75% | 6.40% | 11 Jul 2025 | maybank2u.com.my |
| MaybankIslamic | 2.75% | 6.40% | 11 Jul 2025 | maybank2u.com.my |
| CIMBConventional | 3.75% | 6.60% | 14 Jul 2025 | cimb.com.my |
| CIMBIslamic | 3.75% | 6.60% | 14 Jul 2025 | cimb.com.my |
| Public BankConventional | 3.27% | 6.47% | 11 Jul 2025 | pbebank.com |
| Public BankIslamic | 3.27% | 6.47% | 11 Jul 2025 | publicislamicbank.com.my |
| RHBConventional | 3.50% | 6.45% | 11 Jul 2025 | rhbgroup.com |
| RHBIslamic | 3.50% | 6.45% | 11 Jul 2025 | rhbgroup.com |
| Hong Leong BankConventional | 3.63% | 6.64% | 14 Jul 2025 | hlb.com.my |
| Hong Leong BankIslamic | 3.63% | 6.64% | 14 Jul 2025 | hlb.com.my |
| AmBankConventional | 3.60% | 6.45% | 14 Jul 2025 | ambank.com.my |
| AmBankIslamic | — | 6.45% | 14 Jul 2025 | ambank.com.my |
| Alliance BankConventional | 3.57% | 6.42% | 15 Jul 2025 | alliancebank.com.my |
| Alliance BankIslamic | 3.57% | 6.42% | 15 Jul 2025 | alliancebank.com.my |
| Affin BankConventional | 3.70% | 6.56% | 11 Jul 2025 | affinalways.com |
| Affin BankIslamic | — | 6.56% | 11 Jul 2025 | affinalways.com |
| Bank IslamIslamic | 3.52% | 6.47% | 10 Jul 2025 | bankislam.com |
| Bank RakyatIslamic | 3.60% | 6.58% | 17 Jul 2025 | bankrakyat.com.my |
| BSNConventional | 3.60% | 6.35% | 17 Jul 2025 | bsn.com.my |
| BSNIslamic | 3.60% | 6.35% | 17 Jul 2025 | bsn.com.my |
| OCBC MalaysiaConventional | 3.58% | 6.51% | 15 Jul 2025 | ocbc.com.my |
| OCBC MalaysiaIslamic | 3.58% | 6.51% | 15 Jul 2025 | ocbc.com.my |
| UOB MalaysiaConventional | 3.61% | 6.57% | 11 Jul 2025 | uob.com.my |
| UOB MalaysiaIslamic | 3.61% | 6.57% | 11 Jul 2025 | uob.com.my |
| HSBC MalaysiaConventional | 3.39% | 6.49% | 17 Jul 2025 | hsbc.com.my |
| HSBC MalaysiaIslamic | 3.39% | 6.49% | 17 Jul 2025 | hsbc.com.my |
| Standard Chartered MalaysiaConventional | 3.27% | 6.45% | 16 Jul 2025 | sc.com |
| Standard Chartered MalaysiaIslamic | — | 6.45% | 16 Jul 2025 | sc.com |
| MBSB BankIslamic | 3.65% | 6.50% | 17 Jul 2025 | mbsb.com |
| AgrobankIslamic | 3.35% | 6.50% | 14 Jul 2025 | agrobank.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
- api.bnm.gov.my/public/opr
- maybank2u.com.my/maybank2u/malaysia/en/personal/rates/blr_rates.page
- cimb.com.my/en/personal/help-support/rates-charges/cimb-base-rate-base-lending-rates.html
- pbebank.com/en/rates-charges/loan-interestprofit-rates/
- publicislamicbank.com.my/personal-banking/financing-rates/
- rhbgroup.com/-/media/Files/others/highlights/announcements/H20250710-2.pdf
- hlb.com.my/en/personal-banking/help-support/interest-rates/reference-rate.html
- ambank.com.my/announcements/2025/revision-of-standardised-base-rate-base-lending-financing-rate-and-base-rate-july-2025
- alliancebank.com.my/Interest-Rates
- alliancebank.com.my/Islamic-Profit-Rates
- affinalways.com/en/rates-and-pricing
- bankislam.com/deposit-financing-rates/
- bankrakyat.com.my/portal-main/article/consumer-guide-reference-rate
- bsn.com.my/page/interest-rates
- bsn.com.my/page/profit-rates
- ocbc.com.my/personal-banking/loans/overview
- ocbc.com.my/ocbcal_amin/personal-banking-i/financing/financing-rates
- uob.com.my/online-rates/lending-and-financing-rates.page
- hsbc.com.my/content/dam/hsbc/my/docs/revision-of-standardised-base-rate-base-lending-financing-rate.pdf
- sc.com/my/deposits/interest-rates/
- mbsb.com/mbsbbank/sbr-br-bfr
- agrobank.com.my/product/rates/