What's New

Millions of Non- Resident Pakistanis (NRPs) wish to buy their own home in Pakistan and for them, buying a home is not just a dream, but a financial and emotional investment rooted deep in their identity and their future.

To make this dream convenient, Bank AL Habib offers AL Habib Roshan Apna Ghar, a facility provided under the umbrella of Roshan Digital Account (RDA), an initiative by State Bank of Pakistan. This service is provided specifically for the NRPs, empowering them to purchase, build or renovate a home in Pakistan from anywhere in the world through their own investment or bank financing.

What is Roshan Apna Ghar?

Roshan Apna Ghar is a scheme offered to Roshan Digital Account holders. The scheme is initiated by the State Bank of Pakistan to provide digital banking to the Pakistani expatriates. This will allow overseas Pakistanis to buy a property, construct a home and renovate a house in Pakistan through their own investment or bank financing. This facility offers flexibility and financial strength to bring those dreams alive.

Why AL Habib Roshan Apna Ghar is a Game Changer for NRPs?

Having a home in Pakistan is powerful way to sustain ties with your country and your family while ensuring a long-term financial security.

Investment

• NRPs can directly purchase a property from their Roshan Digital Account using their own funds
• The NRPs can invest for properties in pre-approved projects
• Minimum period of investment will be three years
• Profits and funds can be repatriated abroad without any prior approvals (Real Estate plan)

At the time of investment and disinvestment, the tolerance limit of +/- 10% between the sale/purchase prices of the property or price value determined by the valuators may be acceptable.

Financing

• Roshan Digital Account is very convenient for the people applying from anywhere in the world
• Facility is available in both variants Conventional and Islamic (Shariah) Compliant methods
• You can opt for Long-Term Tenure financing which keeps the monthly payment low till up to 25 years
• The plan also provides you with flexible options to either buy, build or renovate your property
• All transactions are vetted through formal banking channels with full transparency
• Enlist off-plan projects is also available for NRPs
• For your peace of mind, complimentary life and property insurance will also be provided. (T&C`s Apply)
• Low and competitive mark-up rates
• Co-applicant option available (Spouse, Children, Parents, and Brother(s))
• Flexibility to make partial pre-payments with zero charges after first year
• For First year 1% will be charged upon early termination, partial payment and balloon payments. Afterward NO charges will be levied

Eligibility Requirements for Financing

To apply for the AL Habib Roshan Apna Ghar (Financing), you must:

• Have a Roshan Digital Account with Bank AL Habib
• Be a Non-Resident Pakistani having valid NICOP or Pakistani Origin Card
• Have verifiable sources of income if you are salaried or self employed
• Meet the bank’s debt to income ratio and requirement of age must also be fulfilled (usually 20-60 years)
• Have a co-applicant in Pakistan if required especially for non-lien-based financing
• Only NRP may be added for income clubbing

Financing Options: Lien vs. Non-Lien Based

AL Habib Roshan Apna Ghar provides two types of financing services:

Lien Based Financing – In order to avail this scheme, you need to have funds in your Roshan Digital Account or Naya Pakistan Certificates on minimum of financing amount then you can get financing against those assets.

Non-Lien Based Financing – For someone who doesn’t have enough funds in their account they can get Non-lien Financing based on the creditworthiness without needing collateral deposits.

Eligibility Requirements for Investment

• Have a Roshan Digital Account with Bank AL Habib
• Be a Non-Resident Pakistani having valid NICOP or Pakistani Origin Card
• Have verifiable sources of income if you are salaried or self employed
• The investment can be made either in customer’s own name or jointly with family members(s), which include parents, brother, sister, wife, children and lineal ascendant and descendants only

The Investment Application Process: Simple, Digital & Transparent

• Open a Roshan Digital Account with Bank AL Habib in PKR (if you haven’t already)
• Visit Bank AL Habib Roshan Digital Account- Other Investment portal in Bank AL Habib’s website
• Fill out the application form online and upload required documents (NICOP/POC, income proofs, and property details)
• Select Payment options: Easy & Convenient Payment Options
• Application Reviewed & Approved by the bank
• Execution of Legal Documents, which can be signed abroad and submitted to the bank via authorized channels
• Payment Disbursement: (Investment) Authorized Dealer shall affect payment (full/ partial) directly in favor of the seller (owner of the property) on behalf of investor through Secure means

Why Choose Bank AL Habib?

Bank AL Habib provides a strong commitment to overseas Pakistanis. We focus on providing value to you by ensuring your home ownership journey remains seamless and transparent.

Our Digital Account Opening team provides round the clock assistance and focuses on customer first approach which makes the whole process very easy for the customers to understand and execute.

Final Thoughts

Bank AL Habib Roshan Apna Ghar is not just a home financing/Investment product, but it is a way to connect your global lifestyle to your heritage in Pakistan. Whether you are residing in UAE, Europe, North America or anywhere around the world, your dream of owning a home in your homeland is just a click away.

You can start your journey right away by opening your Roshan Digital Account and then explore AL Habib Roshan Apna Ghar options.

Visit https://www.bankalhabib.com/roshan-apna-ghar for more details or you can contact Bank AL Habib’s support team.