Loan Type

Monthly Installment: PKR 50,000
Interest Rate: 10%
Total Payment: PKR 1,000,000
Loan Amount: PKR 800,000

• Affordable & easy repayment plan
• Helps in construction on a plot you already own
• Allows you to expand or extend your existing Housing Unit
• Enables you to purchase as well as the construction on the plot
• Enjoy a 5% rental rate for the first five years
• Purchase of House / Flat
• Hybrid mark-up rates (Fixed & Floating)
• Financing Up to PKR 10 Million
• Property Insurance
• Offered across the country
• Purchase of a complete residential property (Apartment/Flat/House)
• Enjoy up to 80% financing of the property value

• Computerised CNIC/Copy
• Proof of income documents
• Copies of property documents/ Details of property
• Salary Slip/ Bank Statement
• Employment Letter
• Passport size coloured photographs of the applicant, co-applicant(s), & guarantor(s)
• Latest 4-month salary slip (for salaried persons)
• 1-Year Bank Statement (for self-employed professionals)
• Application form
• Documents of all financing facilities the borrower availed from the banks/DFIs
• Business /employment proof
• Currently paid utility bills (Home and Office)
• Proprietorship Letter/Account Certificate mentioning the name (for self-employed)

It is pertinent to mention here any additional documents may be required by the bank.

Some/all features and benefits may not be applicable on every application, as each case may differ, allowing banks to offer more or less from the aforementioned list.

House Building Finance Company Limited (HBFC), established in 1952 by the Government of Pakistan, is the only housing finance institution in Pakistan. It is an unlisted public limited company, whose capital is jointly held by the State Bank of Pakistan (SBP) and the Federal Ministry of Finance — shareholding 90.31% and 9.69% respectively. HBFC aims to provide financing facilities for the construction and purchase of houses with the help of its deep-rooted and national footprint of 51 Branches, 7 Area offices, 3 Regional offices and a Head Office based in Karachi. As a matter of their mandate, this institution focused on providing finance for the housing needs of lower- and middle-income citizens. HBFC has brought forth numerous products to cater for the needs of large segments of the population. One of its housing finance products is Ghar Aasan Flexi, which makes it easier for citizens to build their homes. Furthermore, in view of the falling affordability of citizens belonging to the low-income segment of the society, HBFC has launched Ghar Pakistan which is the first fixed-rate housing.