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 FINANCING | product comparison  
the right solutions to realise your dreams and goals ...
SECTOR AND DETAILS
 INDICATIVE INTEREST RATE
[ prime lending rate: 8.125% p.a ]
MCB HOUSING [1ST LAND/HOUSE]
Acquisition of first land
1.00%
above prime lending rate
Acquisition / Construction of first house/apartment
MCB HOUSING [2ND LAND/HOUSE]
Acquisition of second land
1.00%
above prime lending rate
Acquisition / Construction of second house/apartment
MCB HOUSING [EXTENSION AND RENOVATION]
Extension / Renovation of a house/apartment
1.00%
above prime lending rate
 
MCB HOUSING [REFINANCING]
REFINANCING* allows you to repay off and consolidate your existing Housing Loans with your financial institution, (MCB or non-MCB) to adjust your monthly repayments to better suit your personal needs.

* minimum amount: Rs 100,000

Different types of REFINANCING include:
- 1st land Acquisition Loan
- 1st house/appartment Acquisition/Construction Loan
- 2nd land Acquisition Loan
- 2nd house Acquisition/Construction Loan
- Extension / Renovation Loan
 
 

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