Bank AL Habib Mera Pakistan Mera Ghar

Bank Al Habib Mera Pakistan Mera Ghar

Bank Al Habib Mera Pakistan Mera Ghar offers an easy and affordable house financing scheme. Bank Al Habibi like other banks with the support of the Government of Pakistan and State Bank of Pakistan can materialize the dream of owning a house with their flexible Housing Finance Scheme.

Bank AL Habib: Mera Pakistan Mera Ghar

The customers can avail the Bank Al Habib Mera Pakistan Mera Ghar through their conventional and Islamic Banking branches.

All Pakistani nationals holding valid CNIC can avail this opportunity and turn their dream into reality. The total financing offered by Bank Al Habib is upto PKR 5 million with subsidized Mark Up Rate.

Monthly income required to avail loan under Mera Pakistan Mera Ghar Scheme is as low as PRK 25,000/- only and both salaried and non-salaried individual falling in the age bracket of 25 years to 60 years are eligible for this Hosing Finance Loan Facility.

READ MORE: Mera Pakistan Mera Ghar Loan Application [Complete Information]

The details pertaining to Bank Al Habib Mera Pakistan Mera Ghar Scheme is listed below:

Key Features

Eligibility Criteria

Product Variants

Age (Applicant & Co-applicant)

Financing Tenor

Early Repayment

Insurance

Frequently Asked Questions

What is the Parameter & Project Scheme?

ParameterProject Scheme
Tier 1Naya Pakistan Housing Development Authority (NAPHDA)
Tier 2Non – NAPDHA /Single House/Unit
Tier 3Non – NAPDHA /Single House/Unit

What is the Size of Housing Unit?

ParameterSize of Housing Unit
Tier 1Housing unit/apartment of up to 125 square yards (up to 5 Marla) with a covered area of up to 850 square feet.
Tier 2Housing unit/apartment of up to 125 square yards (5 Marla) with a covered area of up to 850 square feet
Tier 3Housing unit/apartment of more than 125 square yards and up to 250 square yards (10 Marla) or covered area from more than 850 square feet to 1,100 square feet.

What is the Subsidy Profit/Mark-up Rate?

ParameterEnd User Pricing (Subsidy Rate)Bank Pricing
Tier 1First 5 Year 5%
Next 5 Year 7%
1 Year KIBOR + 250 BPS for a period exceeding 10 years
Tier 2First 5 Year 5%
Next 5 Year 7%
1 Year KIBOR + 400 BPS for a period exceeding 10 years
Tier 3First 5 Year 7%
Next 5 Year 9%
1 Year KIBOR + 400 BPS for a period exceeding 10 years

What is the Maximum Price of Unit ?

Market value of a single housing unit at the time of approval of financing is as under:

ParameterHouse Value
Tier 1PKR 3.5mn
Tier 2PKR 3.5mn
Tier 3PKR 6.0mn

What is the Financing Range ?

ParameterLoan Amount
Tier 1PKR 2.7mn
Tier 2PKR 3.0mn
Tier 3PKR 3.0mn
Bank AL Habib: Mera Pakistan Mera Ghar

READ MORE: Naya Pakistan Housing Scheme: First Pre-Fabricated House inaugurated

Documents Required

For Non-Salaried Individuals

For Salaried Individuals

Contact

For more details

Mera Pakistan Mera Ghar By Other Banks

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