Ghar Sahulat Scheme - Purchase
Eligibility Criteria:
- Citizenship:
- Resident Pakistani
- Non Resident Pakistani
- 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
- Age of Applicant / Co-applicant / Guarantor:
- Salaried: 18 – 57 years
- Self-employed Businessmen / Self-Employed Professionals: 18 – 62 years
- Income Criteria:
- Verifiable net disposable monthly income
- Employment / Business / Professional Tenure:
- Salaried: Minimum 1 year continuous employment
- Self-employed Businessmen / Professionals: Minimum 2 years in current business / industry

Product Features
Ghar Sahulat Scheme - Purchase | |
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Income Criteria | Verifiable net disposable monthly income |
Facility Amount |
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Facility Tenure | 3 – 20 years |
Profit Rate |
* Yearly re-pricing on each anniversary of financing. |
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. |
Loan To Value (LTV) Ratio / HBFC’s Share | 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 |
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Schedule of Charges
Ghar Sahulat Scheme - Purchase | |
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Application Processing Fees |
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Income Estimation Charges |
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Property Valuation Charges |
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Title Clearance Charges * |
At Actual * To be borne by the Customer |
Medical Examination for 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) |
Naya Pakistan, Naya Ghar
Low-Cost Housing Finance Scheme under the Prime Minister’s Vision
Eligibility Criteria:
§ All Pakistani nationals holding valid CNIC
§ The customer must not own any residential housing unit / apartment and will be first time home owner
§ Facility will be available for only once to an individual.
§ Facility will be for construction and first purchase of newly constructed affordable housing unit.
Financing Limit:
Tier I |
Up to PKR 2,700,000/- |
Tier II |
Up to PKR 3,000,000/- |
Tier III |
Up to PKR 5,000,000/- |
Monthly Income:
MINIMUM |
MAXIMUM
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§ For Residents: Must minimum be meeting specified DBR for requested financing
§ For non-Residents: Minimum Rs. 50,000/- per month |
§ For Tier I and Tier II: Up to Rs. 100,000/- individual or Rs. 140,000/- household
§ For Tier III: Up to Rs. 200,000/- individual or Rs. 250,000/- household |
Income Clubbing:
· As per prevalent policy applicable for borrower, co-borrower and guarantor
Financing Tenor:
· 10/15/20 Years (depending upon choice of the customer)
Loan To Value Ratio (LTV)
· Up to 70 : 30
Pricing:
Tier I & Tier II |
§ Fixed @ 5% per annum for 1st 05 years § Fixed @ 7% per annum for next 05 years § Floating rate of 01 Y KIBOR + 2.0 % p.a. (with floor of 7% and ceiling of 12% to be charged after 10 years) |
Tier III |
§ Fixed @ 7% per annum for 1st 05 years § Fixed @ 9% per annum for next 05 years § Floating rate of 01 Y KIBOR + 2.5 % p.a. (with floor of 8% and ceiling of 13% to be charged after 10 years) |
Collateral Specification:
Tier I |
Housing units / apartments of up to 125 SY (up to 05 Marla) with covered area of up to 850 SF and priced (market value) at maximum of Rs. 3.50 Mn (built under NAPHDA projects). |
Tier II |
Housing units / apartments of up to 125 SY (05 Marla) with covered area of up to 850 SF and priced (market value) at maximum of Rs. 3.50 Mn. |
Tier III |
Housing units of more than 125 SY up to 250 SY (10 Marla) or apartments with covered area from more than 850 SF to 1100 SF and priced (market value) at maximum of Rs. 6.00 Mn. |