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Mera Pakistan Mera Ghar

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.

For more details on Mera Pakistan Mera Ghar financing scheme, click here

Key Features

  • Free Life Insurance

  • Subsidised Markup Rate

  • Financing up to PKR 10 Million

  • Available for up to 20 years

  • Easy Documentation

  • Quick Processing

  • No restrictions and no charges on early repayment

  • No cap on maximum Unit Price for Tier 2 & 3

Eligibility Criteria

  • All men / women holding valid CNIC (including Non Resident Pakistani).

  • First time home owner, one unit per household.

  • One individual can have subsidized house loan facility under this scheme only once.

  • Minimum monthly income 25,000/- for applicant and 20,000/- for co-applicant(s).

  • Minimum 3 years proof of business for business individuals and 2 years proof of business for SEP (self employee professional).

  • Minimum 2 years employment period for Salaried.

Product Variants

  • Home Buyer

  • Home Construction

  • Plot Purchase + Construction

Age (Applicant & Co-applicant)

  • 60* Years for Salaried Individuals and

  • 65* Years for Self Employed Businessmen/Professionals

*at Maturity

Financing Tenor--

  • Minimum 5 years, and maximum 20 years

Early Repayment

  • No restrictions and no charges on early repayment

Insurance

  • Property Insurance

  • Free Life Insurance

Frequently Asked Questions

  • What is the Parameter & Project Scheme?
    Parameter Project Scheme
    Tier 1 Naya Pakistan Housing Development Authority (NAPHDA)
    Tier 2 Non – NAPDHA /Single House/Unit
    Tier 3 Non – NAPDHA /Single House/Unit
  • Parameter Size of Housing Unit
    Tier 1 a) House up to 125 sq yds (5 Marla) with maximum covered area of 850 sq ft and
    b) Flat / apartment with maximum covered area of 850 sq ft
    Tier 2 a) House up to 125 sq yds (5 Marla) and
    b) Flat / apartment with maximum covered area of 1,250 sq ft
    Tier 3 a) House up to 250 sq yds (10 Marla) and
    b) Flat / apartment with maximum covered area of 2,000 sq ft

  • Mark-up rates for loans up to 10 years are given hereunder:

    Parameter End User Pricing (Subsidy Rate) Bank Pricing
    Tier 1 First 5 years 3% 1 Year KIBOR +2.5%
    Next 5 years 5%
    Tier 2 First 5 years 5% 1 Year KIBOR +4%
    Next 5 years 7%
    Tier 3 First 5 years 7%
    Next 5 years 9%
  • Market value of a single housing unit at the time of approval of financing is as under:

    Parameter House Value
    Tier 1 PKR 3.5mn
    Tier 2 No Cap
    Tier 3 No Cap

  • Parameter Loan Amount
    Tier 1 PKR 2.7 mn
    Tier 2 PKR 6.0 mn
    Tier 3 PKR 10.0 mn

Documents Required

  • For Non-Salaried
    • Standardized Loan Application Form
    • Valid CNIC of applicant & co-applicant (where applicable)
    • 3 recent color photographs (passport size) of applicant & co-applicant (where applicable)
    • Minimum 3 years proof of business for business individuals and 2 years proof of business for SEP (self employee professional)
    • Acceptable income proof (e.g. NTN Certificate/Tax Returns / Bank Certificate) or any other valid business proof which may be acceptable to the bank
    • Account maintenance certificate and last 12 months Bank Statement(s)
    • Standardized Loan Application Form
    • Valid CNIC of applicant & co-applicant (where applicable)
    • 3 recent color photographs (passport size) of applicant & co-applicant (where applicable)
    • Minimum 2 years employment period
    • Latest Salary Certificate / Employment Letter mentioning employment details and joining date
    • Salary slip of last 3 months
    • Account maintenance certificate and last 12 months Bank Statement with reflection of salary credits