How to Apply for MyDeposit Scheme Malaysia: Step-by-Step Guide

The MyDeposit scheme is a Malaysian government programme administered by the Jabatan Perumahan Negara (JPN) under KPKT that provides up to RM30,000 (or 10% of the property price, whichever is lower) to help first-time buyers cover their down payment. If you earn between RM3,000 and RM10,000 per household per month and have never owned a home, this guide covers every step you need to apply.

What is the MyDeposit scheme?

MyDeposit was introduced to help the M40 income group, who often earn too much to qualify for fully subsidised public housing but struggle to save a 10% down payment on a private-market home. The government covers the deposit directly, reducing the cash you need upfront and making it easier to secure a bank mortgage.

The assistance is a one-time grant per household. You do not repay it, but the property cannot be sold for 10 years from the date of the Sale and Purchase Agreement (SPA).

Eligibility at a glance

Criterion	Requirement
Citizenship	Malaysian citizen
Age	21 years and above
First-time buyer	All household members must never have owned property in Malaysia
Gross household income	RM3,000 to RM10,000 per month
Property type	Private development, new launch OR subsale
Property price range	RM80,000 to RM500,000
Government subsidy on property	Not eligible (property must be unsubsidised)
Loan eligibility	Must qualify for a bank loan

Source: Jabatan Perumahan Negara, KPKT (ehome.kpkt.gov.my)

A “household” includes you, your spouse, and any dependents living under the same roof. If your spouse has previously owned property, neither of you qualifies, regardless of whose name was on the title.

How much can you receive?

The deposit assistance is the lower of:

• 10% of the property purchase price, or
• RM30,000

So if you buy a property at RM280,000, 10% equals RM28,000. That is below the RM30,000 cap, so you receive RM28,000. If you buy at RM400,000, 10% equals RM40,000 but the cap is RM30,000, so you receive RM30,000. The minimum assistance is RM3,000 (for properties priced at RM30,000 or below, which is uncommon in today’s market).

This covers the 10% down payment your bank requires before releasing a 90% housing loan.

Documents you need to prepare

Gather these before you open the online form. Incomplete submissions are a common reason for delays.

All applicants:

• MyKad (front and back)
• Latest 3 months payslips, or EA form / BE form (for salaried employees)
• EPF statement (latest 6 months or annual statement from KWSP)
• CCRIS report (obtain free from Bank Negara Malaysia’s eCCRIS portal at bnm.gov.my)
• CTOS or RAMCI credit report (some JPN officers request this)
• Employment confirmation letter from employer

If married:

• Spouse’s MyKad
• Marriage certificate (Sijil Perkahwinan)
• Spouse’s 3 months payslips and EPF statement
• Spouse’s CCRIS report

If self-employed:

• Business registration certificate (SSM)
• Latest 2 years income tax returns (Form B) from LHDN
• Bank statements (latest 6 months)

Property documents (at SPA stage):

• Booking receipt from developer or seller
• Copy of the Sale and Purchase Agreement (SPA) draft

Step-by-step application process

Step 1: Check your eligibility online

Visit the official portal at ehome.kpkt.gov.my. Read the scheme guidelines (Garis Panduan Skim MyDeposit) before registering. Confirm the property you intend to buy falls within the RM80,000 to RM500,000 range and is not a government-subsidised project.

Step 2: Register an account

Click Daftar on the portal. You will need:

• Full name as per MyKad
• MyKad number
• Valid email address
• Mobile phone number

After registering, you will receive a verification email. Activate your account before proceeding.

Step 3: Submit a new application (Permohonan Baru)

Log in, hover over the MyDeposit tab, and select Permohonan Baru. Fill in all sections of the online form:

1. Personal details: Your IC details, contact information, employment status
2. Spouse/co-applicant details: If applicable
3. Income declaration: Monthly gross household income, employer details
4. Dependents: Names, ages, and relationship of household members
5. Property details: Intended property address, purchase price, developer or seller name
6. Document uploads: Attach all documents listed above in PDF or JPEG format

Review every field carefully. Discrepancies between your declared income and your CCRIS or EPF data are a common cause of rejection.

Step 4: Submit and await approval

After submission, JPN processes your application. The typical timeline is 4 to 8 weeks from submission to approval letter, depending on application volume and document completeness. You can track your application status by logging into the portal.

Step 5: Receive your approval letter

If successful, JPN issues an approval letter (Surat Tawaran). Read it carefully. It will state:

• The approved assistance amount
• The condition that your SPA must be signed within 30 days of the letter date

If you miss this 30-day window, your approval lapses and you must reapply.

Step 6: Sign the Sale and Purchase Agreement

Within 30 days, sign the SPA with the seller or developer. Bring or submit a copy of the signed SPA to JPN as directed in your approval letter. JPN will then disburse the deposit assistance directly to the stakeholder (usually the developer’s solicitor or the seller’s bank account, as arranged).

Step 7: Proceed with your bank loan

With the deposit covered, your bank can proceed with the remaining 90% housing loan. Submit the SPA, approval letter, and all standard loan documents to your chosen bank. Most banks familiar with the scheme process these applications routinely.

Timeline summary

Stage	Estimated duration
Account registration and form submission	1 to 2 days
JPN processing and approval	4 to 8 weeks
SPA signing window after approval	30 days
JPN disbursement after SPA submission	2 to 4 weeks
Bank loan processing	4 to 8 weeks (varies by bank)

Total time from application to full loan disbursement is typically 3 to 5 months. Plan your property search and booking timeline accordingly.

Common rejection reasons and how to avoid them

• Previously owned property: Any prior ownership in any household member’s name is disqualifying. Check your land title history via the state land office or e-Tanah if unsure.
• Household income outside the RM3,000 to RM10,000 band: JPN uses your EPF and CCRIS data to cross-check income declarations.
• Property is government-subsidised: PR1MA, rumah mampu milik, or any development receiving direct government subsidy does not qualify. Confirm the property’s status with the developer.
• Property price outside the eligible range: Properties below RM80,000 or above RM500,000 are excluded.
• Missing or mismatched documents: Upload clear, complete scans. Documents must match across name, IC number, and income figures.

What happens after approval: the 10-year restriction

Once the SPA is signed and the scheme is utilised, the property title carries a caveat (kavet) preventing sale, transfer, or assignment for 10 years. This is enforced by the land registry. If you need to sell earlier due to genuine hardship, you must apply to JPN for a written release. There is no guarantee of approval, and partial repayment of assistance may be required.

Related property guides

If you are comparing government assistance options, see our overview of government housing schemes for Malaysian buyers. For questions about how a housing loan interacts with your EPF savings, read our guide on using EPF Account 2 for a home purchase.

Key takeaways

• MyDeposit provides up to RM30,000 or 10% of your property price (lower of the two) as a first-home deposit grant.
• You must be a Malaysian citizen aged 21 or above, a first-time buyer, and have a gross household income of RM3,000 to RM10,000 per month.
• Eligible properties are priced between RM80,000 and RM500,000 in private (non-subsidised) developments.
• Apply online at ehome.kpkt.gov.my and sign your SPA within 30 days of receiving your approval letter.
• The property cannot be sold for 10 years from the SPA date.

Frequently asked questions

Can I apply for MyDeposit and PR1MA at the same time? No. PR1MA properties are government-subsidised developments, which are explicitly excluded from MyDeposit eligibility. You can only use one scheme per property purchase.

Do both spouses need to appear on the application? Yes. If you are married, your spouse must be listed as a co-applicant and their income, documents, and property ownership history are all assessed together. A sole application from one spouse is not permitted.

Can a single person earning RM4,500 per month apply? Yes. Single applicants are eligible as long as their individual gross income falls within the RM3,000 to RM10,000 range. Your “household income” in this case is your own income alone.

Does MyDeposit affect my loan-to-value (LTV) ratio? The 10% deposit assistance counts as your down payment. Your bank’s 90% housing loan is calculated on the property price minus the 10% covered by MyDeposit. This should not alter your LTV or require you to put in additional cash, provided the bank accepts the MyDeposit disbursement as the deposit source. Confirm this with your bank before signing the SPA.

What if my application is rejected? Can I appeal? Yes. You can submit an appeal (rayuan) through the same ehome.kpkt.gov.my portal. JPN will review your supporting documents again. Address the specific reason for rejection in your appeal, and attach any additional evidence that supports your case.