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Product Summary

My First Home Purchasing dwelling for Residential purpose Apartments under construction are also applicable for New Home facility Home Cons …

  • Purchasing dwelling for Residential purpose
  • Apartments under construction are also applicable for New Home facility
  • To construct residential buildings
  • House Construction Loan will be 70% of the total estimated cost of the construction or the maximum amount of loan assessed based on customers’ creditworthiness as per Premier Bank’s credit policy, whichever is lower
  • Disbursement will be made into different phases
  • Consolidation of existing housings/structures
  • Home/House renovation loan
  • Any other loan from any schedule Bank’s / Financial institutions to PBL
  • All loan consolidation will be under existing or new home loan
  • Consolidation of Personal loan, Auto loan, Credit Card
  • Extending loan facilities for different purposes
  • House extension
  • House Renovation
  • Face uplifting
  • My Next Home
  • This is a solution to buy apartments from uncategorized developer under TPA
  • Offering his/her existing unencumbered property as a registered mortgage
  • Home Line of Credit is the overdraft facility for the existing home loan customers of Premier Bank Limited in combination with the existing home loan
  • HLC can be topped up based on the performance of the loan and a percentage of the total installment paid
  • New Home Loan applicant may also avail HLC up to max Tk. 10 Lac or where in the permissible Home Loan will be segregated in to Home + HLC
  • Pay only the interest on the principal balance, with the principal balance unchanged for a set term/tenor
  • At the end of the interest-only term/tenor the borrower starts to pay both interest and principal as per amortization schedule
  • Maximum tenor for interest only home loan is two years
  • Retail Bundle: Home Loan, Credit Card (pre-approved) and/or Personal Loan, and/or Auto Loan
  • SME Bundle: Home Loan with SME Line of Credit (revolving) with interest only option for two years
  • SME line of credit will be topped up if 80% of principle installments are paid
  • Loan size: Min BDT 10 Lac Max 2.00 Crore
  • Interest Rate: New Home, Home Construction, & Home Credit –15.00% p.a. with quarterly rest (Variable) Balance Consolidation – 15.00% p.a. with quarterly rest (Variable)
  • Processing Fee: 1.00% of the loan amount
  • Tenor: Maximum – 25 years (300 months).

*Tenor and rate may vary from time to time
*For any further query please contact your nearest Premier Bank Branch

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