| Basic Eligibility Criteria |
❖ First time homeowners citizens of Pakistan holding CNICs
❖ Not owning any housing unit in their name
|
| Products Offered |
❖ Purchase of house/flat.
❖ Purchase of plot & construction thereon
❖ Construction of house on already owned plot
|
| Size of Housing Unit |
❖ House of up to 5 Marla
❖ Flat/Apartment of up to 1360 sq. ft area
|
| Maximum Loan Size |
❖ T1: Up to PKR 2.0 million
❖ T2: Above PKR 2.0 million and up to PKR 3.5 million
|
| Loan to Value (LTV) Ratio |
❖ 90:10 (90% loan & 10% equity)
|
| Customer/end user fixed pricing |
❖ T1: 5%
❖ T2: 8%
Subsidy will be applicable for 10 years only, after that Bank’s normal Housing Finance rate will apply
|
| Maximum Loan Tenor |
❖ 20 years (subsidy for 10 years)
|
| Bank Charges |
❖ No processing cost
❖ No prepayment penalty
|
