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


Ghar Pakistan Scheme - Purchase

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(net of taxes and pansion contributions)
  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 - Purchase

Income Criteria Up to PKR 100,000/- per month
Facility Amount Up to PKR 4,500,000/-
Facility Tenure 3 – 20 years
Pricing 1 Year KIBOR of last working day of the previous month mentioned on SBP’s official website shall be applied for fresh and renewal case during the following whole month
Profit Rate

01 Y KIBOR + 2.00%

(Floor 7% and Ceiling 12%)

{ Yearly repricing as per applicable KIBOR }

Loan To Value (LTV) Ratio Up to 70% on the basis of market value assessed by valuator (of the property to be mortgaged) or purchase value, whichever is lower.
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 - Purchase

Application Processing Fees (One Time, non-refundable)
  • PKR 2,000/-
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

Medical Examination of SLIC Life Insurance Clearance

At Actual

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
Penalty for each missed Payment PKR 1,000/-
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: 09 Jul, 2020