“A beautiful home with a happy family” Isn’t this what we all dream of ? This dream sounds great but seems difficult to be fulfilled. But you need not to worry now; your dream home is now with your reach as we are here to facilitate you. We take care of your search for a better dwelling; of course through our continuous efforts and deep rooted partnership. To fulfill your long waited dream of a house, Prime Commercial Bank has launched consumer friendly product – Prime Home Loan. This housing finance scheme gives you an excellent opportunity to have your own house and is carefully tailored to suit your requirements & match your capacity.

For What Purpose?

• Purchase of new house or flat for residential purpose.
• Construction of new house on applicant’s already owned land
• Purchase of old house not more than 10 years old
• Extension/Repair/Renovation of existing house.
• Furnishing of already existed house.
• For the purchase of real estate houses.

For Whom? - Target Customers

Our home loan is targeted for following categories. However, the criteria for eligibility may change on case to case basis.

Employee /Salaried Persons

Employee should be from reputed organization having completed at least 2 years of service. Further, remaining period of service should be more than 5 years. The minimum monthly take-home pay must be Rs. 10,000/- after paying EMI.

Entrepreneurs

Entrepreneurs like professional and Businessmen should have sufficient after tax return from his business or profession. It is essential to have good source of income for such group of customers.

Fixed Income Group

Person having some sort of fixed income like rent, pensions, property.. are eligible for this scheme.

Maximum Financing

The maximum amount of Home Loan finance will be up to a maximum of 70% of the total construction/purchase price of house. For furnishing, finance from our part will be 75% of cost of such furnishing.

For proper financing, the proposed site should be linked with at least 8 feet motor able road.

Processing Fee

1% of the loan amount or minimum Rs.1,000.00 whichever is higher.

Interest Rates:

Interest rate is one of the vital decision factor for home loan takers. Keeping customer satisfaction as our main motive, we have fixed following interest rates on our housing loan.

Interest Rates:

16.00 - 17.00 %