Prime Bank makes Home Loan Transfers Easy, offering customers up to 2pc profit rate reduction

Prime Bank PLC has launched a special Home Loan & Investment Transfer Campaign under its Hasanah Islami Banking, allowing customers to transfer their existing conventional home loans or Islamic home investments from any financial institution to Prime Bank Hasanah Home Investment and enjoy up to 2 per cent reduction on the prevailing profit rate per annum.

Through this initiative, customers can seamlessly shift their conventional or Islamic home financing facilities to a Shariah-Compliant Hasanah Home Investment, significantly lowering their monthly instalments and gaining greater financial flexibility over the long term, according to a press release.

Under the offer, customers benefit from competitive profit rates, flexible repayment options, personalized advisory support, and a smooth transfer process, making it easier to manage housing finance obligations while unlocking meaningful savings.

The campaign is designed to ease financial pressure and help customers redirect those savings toward life’s everyday needs and aspirations.

Commenting on the initiative, M. Nazeem A. Choudhury, Deputy Managing Director of Prime Bank PLC., said, “At Prime Bank, we remain focused on delivering customer-centric financial solutions. This Home Loan and Investment Transfer offer allows customers to move their existing conventional or Islamic housing finance to Prime Bank’s Hasanah Islami Banking and benefit from up to 2 per cent profit rate reduction. Our goal is to make home ownership more affordable while enabling customers to enjoy tangible savings.”