Bank AL Habib along with the Government of Pakistan and with the support of the State Bank of Pakistan offers an affordable and flexible Housing Finance Scheme. With the help of this scheme, you can turn your dream of owning a home into a reality and secure your future.
Avail this facility through our Conventional and Islamic Banking branches.
All men / women holding valid CNIC.
First time home owner.
Not Owing any housing unit on his/her name.
Purchase of House/flat/apartment
Construction of house on already owned plot
Purchase of plot and construction of house thereon
60* Years for Salaried Individuals and
65* Years for Self Employed Businessmen/Professionals
*at Maturity
Up to 20 years (subsidy for 10 years)
No restrictions and no charges on early repayment
Property Insurance
Free Life Insurance
90:10 (90% financing & 10% equity)
No processing charges. However, documentation/stamping charges will be charged at actual
Parameter | Size of Housing Unit |
---|---|
Tier 1 | House of up to 5 Marla |
Tier 2 | Flat/Apartment of up to 1360 sq. ft. area |
Markup rates are given hereunder:
Parameter | End User Pricing (Subsidy Rate) | Bank Pricing |
---|---|---|
Tier 1 | 5% (First 10years) | 1Y KIBOR + 3%(After 10years) |
Tier 2 | 8% (First 10years) | 1Y KIBOR + 3%(After 10years) |
Note:For financing period exceeding 10 years,Bank Pricing mentioned above will be applicable.
Parameter | Finance Amount |
---|---|
Tier 1 | Up to PKR 2.0 million |
Tier 2 | Above PKR 2.0 million and up to PKR 3.5 million |