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


Home Purchase Ghar Pakistan Scheme (GPS) - Eligibility Criteria

  1. Citizenship:
    • Resident Pakistani
    • Non Resident Pakistani
  2. Facility of Applicant / Co-applicant:
    • Primary (or Single) & Co-applicant allowed
    • Co-applicant must be an immediate family member
  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/-
  5. Employment / Business / Professional Tenure:
    • Salaried*: Minimum 1 year continuous employment
    • Self-employed Businessmen / Self-Employed

Product Features

  Ghar Pakistan Scheme (GPS)
Loan Facility Amount Loan Facility Amount up to PKR 45,000,00/-
Loan Facility Tenure 3 – 20 years
Profit Type Fixed
Profit Rate 12.00%
Loan To Value (LTV) Ratio / HBFC’s Share Up to 80% forced sale value (FSV) of the property to be mortgaged
Insurance Coverage Life and Property Insurance 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.
  • Flat - Maximum covered area up to 1400 sq. fts. (as per conveyance deed)

Schedule of Charges

  Ghar Pakistan Scheme (GPS)
Application Processing Fees
  • Financing up to Rs. 1,000,000/-: Rs. 2,000/-
  • Financing above Rs. 1,000,000/-: Rs. 5,000/-
Income Estimation Charges
  • Salaried: Rs, 2,100/- to Rs. 5,000/-
    Employees of Govt., Semi-Govt., Companies listed in Stock Exchange and Non-Resident Pakistani: Nil
  • SEB / SEP: Rs.3,000/- to Rs. 5,000/-
Property Valuation Charges
  • Flat: Rs.2,000/-
  • House: Rs.2,500/-
    (Plus Rs.500/- to Rs. 700/- in case of construction case before releasing the third tranche)
Title Clearance Charges At Actual
*To be borne by the Customer
Early Settlement Charges Nil
Balloon Payment Charges Nil
Late Payment Charges Rs.1,000/- on each overdue monthly payment
Legal Documentation Charges At Actual
*To be borne by the Customer
Storage Charges Rs.100/- per month will be charged if mortgaged property document(s) are not collected within 90 days from the date of account closing

Last updated on: Oct 29, 2019