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Summit Bank Home Finance – How To Get Home Loan From Summit Bank

Buying your first home is an important milestone in your life and one of the most important financial decisions you will ever make. Helpful information combined with the right advice can make a big difference and help you make the final decision.

Summit Bank has a wide range of home loan plans with solutions for everyone. Summit Bank Home Finance offers the value and gives that complemented by remarkably personalized service. At Summit Bank, we believe in simplicity and convenience.

Summit Bank Home Finance can be searched to meet any of the following needs:

a)      Buy a house

b)      Build a house

c)      Home renovation

d)     Purchase of land and construction

e)      House Debt Consolidation (Balance Transfer Service)

Summit Bank Home Finance Features

a)      Loan Amount        Minimum: Rs.300,000/-

b)      Maximum: Rs.100,000,000/-

c)      Loan Tenor: Minimum:1 Yr

d)     Maximum: 20 Yrs

e)      Mark-up Rate: Salaried: KIBOR of Six Months + 400bps

a.       Self Employed Professional: Six Months KIBOR + 450bps

b.      Self Employed Businessman: Six Months KIBOR + 500bps

c.       Mark-up rate to be revised on Six Monthly Basis

f)       Down Payment (Equity)   : Minimum 15% of Property Value

g)      Type of Mortgage: Equitable Plus Token / 100% Registered Mortgage as per Lawyer’s advice

h)      Insurance: Life & Property Insurance will be mandatory from Bank’s authorized Insurance Company

i)        Balloon Payment Facility: Available

j)        Early Settlement Facility:  Available

Summit Bank Home Finance Benefits

a)      Quick & Hassle Free Processing

b)      Minimum Documentation

c)      Competitive Rates

Summit Bank Home Finance Requirements

a)      Salaried: Age Limit 23 – 60 years

b)      Self Employed Professional: Age Limit 23 – 65 years

c)      Self Employed Businessman: Age Limit 23 – 65 years

d)     Additional documentation

Summit Bank Contact Information For More Information And Application:

Call 24/7 At Summit Bank Call Centre helpline:

1.      UAN NO: 021-1111-24365

2.      International Customer Facilitation: 0092-21-38709112

3.      Email: complaints@summitbank.com.pk.

4.      Online: Lodge online complaint via Summit Bank Website www.summitbank.com.pk.

5.      Fax No: 021-32463553

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