Open an Account
cross icons
Open an Account
cross icons
search
cross icons
cross icons
cross icons
Listening...

Speak Now...

Voice Search

Product Description

The people who want to buy a house, construct a new house, want to have extra construction on their existing house or want to renovate their house can apply for House loan

PKR
500,000
PKR
50,000
Years
10
Years
1
Your Monthly Installment
PKR
13,340
Markup Rate
35.99%
Your MONTHLY INSTALLMENTS WILL BE JUST
PKR 13669
NUMBER OF PAYMENTS
240
TOTAL INTEREST
PKR 152000
TOTAL COST OF LOAN
PKR 48000

Advance Payments

First Year Insurance *
PKR 1730
Processing fee
As per SOC
Total
PKR 16730

Loan Amount

Rs. 50,000/- to Rs. 3,000,000/-

Loan Tenure

Up to 20 years

Basic Documentations

Valid Computerized National Identity Card (CNIC/SNIC)

  • Businessman/Self-employed Professionals (SEPs) / Salaried Class
  • Household annual income less than Rs. 1,500,000/- (Net of business expenses)
  • Age between 25-58 years (Max. 64 Years & 8 Months at the time of Maturity of Loan)
  • Businessman / SEP: Experience of minimum of 2 Years required
  • Salaried: Minimum 02 years regular/confirmed employee with current organization
  • Holding valid CNIC/SNIC
  • Not defaulter of any financial institutions & Public Utilities.
  • Residing or working in launching cities for at least 1 year in case of owned residence or Min. 02 years

Rs. 50,000/- to Rs. 3,000,000/-

Up to 20 years

  • Valid Computerized National Identity Card (CNIC/SNIC)
  •  eCIB and NADRA Verisys
  • 1 recent passport size photograph of the Customer
  • Proof of running business place for businessman and SEPs
  • A copy of latest paid utility bill of business place or residence in case of rented office/Residence
  • Proof of the property to be mortgaged/property documents.
  • Legal Opinion
  • Valuation Report from PBA approved Valuator
  • 03 Salary Slips, Job Certificate on letter head in case of salaried person
  • Bank Statement for last six months in case of self-employed professionals. In case of business man its optional.

  • Mortgage of Property to be financed

  • Free Credit Life Insurance – Applicable on permanent disability or death of borrower
  • Customer paid Insurance of Financed House.

As per SOC

*Terms & conditions applicable.

For complete Product Pricing Structure, please click here.

Explore More

Salary Pension Loan

Take better control of your finances with inclusive loans

Karobar Plus Loan

Agri Plus Loan

Agri Plus Loan is being launched to cater the financing needs of the following…

Running Finance Loan

Meet the financial needs of your businesses

Bint-e-Hawwa Loan

An account for Female Micro Entrepreneurs and small businesses owners.

Mera Pakistan Mera Ghar

Facilitate the purchase or rental of your houses.

School Loan

Help meet your schools’ financial needs.

Khushhal Kissaan Value Chain Loan

For the farmer in you to cover purchase cost of agriculture inputs.

Commercial Vehicle Loan

Get a new or used local commercial vehicle for business use.

Tractor Loan

Purchase your Tractors and Agricultural Machinery easily.

Passbook Loan

For the micro entrepreneurs in you to fulfill your farming needs.

Livestock Loan

Finance breeding, milking, rearing and fattening of new animals with MMBL.

Fori Cash Loan

Loans of up to PKR 350K against Gold if you have a running business.

Khushhal Kissaan Loan

For the farmer in you to cover purchase cost of agriculture inputs.

Karobar Loan

The perfect loan for you to expand your small business.

Microenterprise Loan

Loans of up to PKR 3M against Gold if you have a running business.