MagNet Hungarian Community Bank has a traditionally good relationship with its retail customers, especially as regards loans. Those who have been keeping track of the changes in the terms & conditions could see that we have tried to be a market leader with our pricing policy. The volume of loans provided for retail customers has experienced a sharp increase over the past period.

Magnet Hungarian Community Bank offers its private individual customers all-purpose loans, home loans, overdraft facilities as well as loans secured by deposit.

All purpose loans can be used for a whole range of purposes, for example home improvement, travel, financing your child’s education or they can be helpful when an unexpected life event occurs. The condition of loan disbursement is having one or more property/properties that are marketable and clear of any encumbrances, and mortgage will be registered, as security, to the benefit of MagNet Bank. Loans with extremely long maturity - 25-30 years - can also be requested, which means lower monthly instalments for you.

Home loans may be taken out for purchasing newly built or resale homes, building sites, holiday homes or garages.

Long maturity - 35 years - ensures that families can plan their expenditures.

Our staff can give you widespread and detailed information about the above products and are waiting for you with flexible and precise administration.

For the current list of terms & conditions click here.

For further information please write to info@magnetbank.hu or call us on 428-8888.