• Businessman/Self-employed Professionals (SEPs) / Salaried Class
• Household annual income less than Rs. 1,500,000/- (Net of business expenses)
• Age: 18-64 years (Age at Maturity of Loan should not exceed 72 Years)
• 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

Up to Rs. 500,000/-

Rs. 500,001/- to 1,000,000/-

Rs. 1,000,001/- to 3,000,000/-

Rs. 3000,001/- to 5000,000/-

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.
• In case of business man its optional. For Loans above Rs.500,000:
  • Valid Building Map (approving authority)
  • 6 Months Bank Statement of Customer (with bank stamp and signatures)
  • Valuation Report of Property by PBA’s approved Third Party surveyors – including pages for Bill of Quality – BOQ and Pictures of insights of the property
  • Mortgage Deed for Token Mortgage of Rs. 100,000, Intiqal/Mutation document of mortgage deed

• Mortgage of Property to be financed

• Free Credit Life Insurance – Applicable on permanent disability or death of borrower
• Property Insurance would be charged in advance for the first year and in installments for subsequent years as per loan amount.

As per SOC

• Structure: Upto 50% of the outstanding loan amount or actual loss amount (whichever is less)
• Home Contents and Personal Effects belonging (immediate/family members): Upto 20% of the outstanding loan amount or actual loss amount (whichever is less)
• Cash / Jewelry at Home: Upto 20% of the outstanding loan amount or actual loss amount (whichever is less)
• Accidental Death or Permanent Disability: Outstanding loan or PKR 1,000,000/- (whichever is less)

*Terms & conditions applicable.