HBFC is striving to be a socially responsible and commercially sustainable housing finance institution.


Ghar Pakistan Scheme - Construction

Eligibility Criteria:

  1. Citizenship:
    • Resident Pakistani
    • Non Resident Pakistani
  2. Facility of Applicant / Co-applicant / Guarantor:
    • Primary (or Single) & Co-applicant allowed
    • Co-applicant must be an immediate family member
    • Guarantor must be a family member having inheritance right in the property to be mortgaged
  3. Age of Applicant / Co-applicant / Guarantor:
    • Salaried: 18 – 57 years
    • Self-employed Businessmen / Self-employed Professionals: 18 – 62 years
  4. Income Criteria: Up to PKR 100,000/- per month
  5. Employment / Business / Professional Tenure:
    • Salaried : Minimum 1 year continuous employment
    • Self-employed Businessmen / Professionals: Minimum 2 years in current business / industry

Product Features


Ghar Pakistan Scheme - Construction

Income Criteria Up to PKR 100,000/- per month
Facility Amount Up to PKR 4,500,000/-
Facility Tenure 3 – 20 years
Profit Rate 12% per annum
Loan To Value (LTV) Ratio / HBFC’s Share Up to 80% of the forced sale value (FSV) of the mortgaged property
Balloon Payment Amount should be greater than or equal to 10% of the outstanding principal amount
Insurance / Takaful

Life Insurance and Property Takaful coverage to the extent of financing amount

* Insurance / Takaful Companies on HBFC's Approved Panel

Collateral Specifications
  • House - Maximum plot size up to 300 sq. yds or 10 Marlas
  • Flat - Maximum covered area up to 1400 sq. fts. (as per conveyance deed)


  • Maximum appraised value (market value assessed by PBA approved Valuator) of the property should not exceed PKR 5,000,000/-

Schedule of Charges


Ghar Pakistan Scheme - Construction

Application Processing Fees
  • Financing upto PKR 1,000,000/- : processing fees is PKR 2,000/-
  • Financing above PKR 1,000,000/- : processing fees is PKR 5,000/-
Income Estimation Charges
  • Salaried: PKR 2,100/- to PKR 5,500/-
    Employees of Govt., Semi-Govt., Companies listed in Stock Exchange and Non-Resident Pakistani: Nil
  • SEB / SEP: PKR 3,000/- to PKR 5,500/-
Property Valuation Charges
  • Flat: PKR 2,000/-
  • House: PKR 2,500/-
    (Plus PKR 500/- to PKR 700/- in case of construction case before releasing the third tranche)
Title Clearance Charges *

At Actual

* To be borne by the Customer

Legal Documentation Charges *

At Actual

* To be borne by the Customer

Late Payment Charges PKR 1,000/- on each overdue monthly payment
Balloon Payment Charges Nil
Early Settlement Charges Nil
Storage Charges

PKR 100/- per month

(if mortgaged property documents are not collected within 90 days from the date of account closing)

Last updated on: 28 Nov, 2019