Prime Bank was created and commencement of business started on 17th April 1995. The sponsors are reputed personalities in the field of trade and commerce and their stake ranges from shipping to textile and finance to energy etc.
As a fully licensed commercial bank, Prime Bank is being managed by a highly professional and dedicated team with long experience in banking. They constantly focus on understanding and anticipating customer needs. As the banking scenario undergoes changes so is the bank and it repositions itself in the changed market condition.
Purpose – Abash Home Loan is offered to construct semi pacca building on a vacant land of minimum 3 decimal in prospective zone outside metropolitan area and get rents every month
Eligibility – Age: Minimum 25 years, Salaried: permanently employed for at least 2 years by a well-reputed organization including at least 6 months with present employer
Self employed: Professional experience or business establishment for at least 2 years (with adequate proof)
Minimum Monthly Income for Salaried & Self Employed: BDT 30,000
Quantum of Loan – Maximum 10 Lakhs
Duration – maximum 5 years
Interest Rates – 14%
Security – Mortgage and original title deed; Property insurance covering fire, earthquake, flood, and cyclone; Irrevocable General Power of Attorney (IGPA)
Others – Partial or early settlement facilities, Competitive interest rates on a monthly/quarterly reducing balance