House Loan In Pakistan, many people dream of having their own homes, but it’s tough for those who have jobs and limited financial means. Building a house involves a lot of expenses, making it a common challenge.
To solve the house loan in Pakistan issue, several banks and foundations in Pakistan now offer Interest-free House loans in Pakistan specifically designed to help people make their dream homes a reality.
Top 10 Banks, who Give House loan in Pakistan:
- Meezan Bank: Islamic House Finance
- BOP: Apna Ghar House Financing
- State Bank Of Pakistan: Mera Pakistan Mera Ghar
- Standard Chartered: Saadiq Home Finance | Shariah Compliant Home Loan
- Bank Alfalah: Alfalah Ghar Asaan
- HBL: HBL Islamic Home Finance
- MCB: Mcb Home Loan
- UBank: U Bank Home Loan
- Mobilink Bank: Mobilink House Loan
- Allied Bank: Allied Home Finance
- Askari Bank: Mera Pakistan, Mera Ghar Scheme
- Habib Metro Bank: Avail Home Finance Loan in Pakistan
- Samba Bank: Samba Home Loan
- NBP: NBP Home Loan
- BankIslami Pakistan Limited: MUSKUN Home Financing
- FINCA Pakistan: House Loan
House loans typically range from 10 lakh to 300 lakh, providing financial support to those who might find it difficult to save up for a home on their own. This initiative aims to make homeownership easier for many people in Pakistan.
Recommended Reading: Which Bank Is Best For House Loan In Pakistan (Get 5-50 Lakh Home Loan) [Sharia Compliant]
House loan in Pakistan {10Lakh-300Lakh} | Online Home loan in Pakistan
Table of Contents
- House loan in Pakistan {10Lakh-300Lakh} | Online Home loan in Pakistan
- Top 10 Banks For House Loans in Pakistan
What is a House loan in Pakistan?
In Pakistan, lots of people dream of owning a home, but it’s hard for working people with limited money. Making a house having much of cost, which is a common problem.
So, to solve this problem, many banks and groups in Pakistan offer special House loans in Pakistan. This helps those who struggle to save for a home. The goal is to make it easier for more people in Pakistan to own a home.
House loan in Pakistan Amount
In Pakistan, several banks and organizations provide House loans, ranging from 1 million to 30 million.
Top 10 Banks For House Loans in Pakistan
These are the following banks that give House loans in Pakistan.
- Meezan Bank: Islamic House Finance
- BOP: Apna Ghar House Financing
- State Bank Of Pakistan: Mera Pakistan Mera Ghar
- Standard Chartered: Saadiq Home Finance | Shariah Compliant Home Loan
- Bank Alfalah: Alfalah Ghar Asaan
- HBL: HBL Islamic Home Finance
- MCB: Mcb Home Loan
- U Bank: U Bank Home Loan
- Mobilink Bank: Mobilink House Loan
- Allied Bank: Allied Home Finance
Recommended Reading: House Loan In Pakistan (Get 5-50 Lakh Home Loan) [Sharia Compliant]
Meezan Bank Islamic House Finance
Meezan Bank’s Easy Home operates according to Shariah laws, using the Diminishing Musharakh method. Unlike traditional loans, it follows a co-ownership contract, not based on lending and loan money, but on joint ownership of a house.
Meezan Bank shares the cost of the House loan in Pakistan, creating joint ownership and gradually transferring ownership to the customer. This unique approach makes Easy Home Shariah-compliant.
Easy Buyer Features by House Loan in Pakistan:
- Financing Limit: Enjoy the convenience of securing financing ranging from PKR 1 million to PKR 100 million.
- Financing Tenure Options: Select the financing tenure that suits your needs, with choices available from 3 years to 25 years.
- Bank Investment Ratio (BIR):
- For Salaried / SEP / NRP: Benefit from financing up to 75% of the property value.
- For Businessmen: Avail financing up to 70% of the property value.
The bank finances up to 65% and 75% of the property value for businessmen and salaried persons, respectively. Customers make monthly payments to the bank, covering house use and purchasing the bank’s share.
Once the agreed-upon payment is complete, the customer becomes the sole owner with a clear title to the property, and the bank’s profit is for using its share during the contract.
Meezan Bank Helpline Number
Phone: +92 21 111 331 331, +92 21 111 331 332
Email: info@meezanbank.com
Address: Meezan House, C-25 Estate Avenue, SITE, Karachi.
MCB House Loan
MCB House loan in Pakistan financing makes owning your own home easier, turning your dream into reality. With a variety of financing options, MCB Home Loan is designed to help you in buying, building, or renovating your dream home.
MCB offers House loans ranging from Pkr.1 million to 50 million. The loans come with competitive pricing, allowing easy-to-get loans for a period ranging from 2 to 25 years. MCB provides the opportunity to purchase a house, buy a plot and build a house, or renovate your existing home.
The financing options are diverse, with amounts available up to PKR 50 million or even higher. MCB House loan in Pakistan is accessible nationwide, and available at all MCB branches.
MCB Helpline Number
Phone: +92-21-32270037
Email: info@mcb.com.pk
Address: 15 Jail Rd, Main Gulberg, Lahore, Punjab 54000
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State Bank Of Pakistan House Loan
The State Bank of Pakistan offers housing loans in both conventional and Islamic modes, aiming to provide affordable financing for building and buying houses, particularly for the low to middle-income population.
In partnership with the Government of Pakistan and Naya Pakistan Housing and Development Authority (NAPHDA), this scheme provides financing at very low rates. Customers can choose a House loan in Pakistan tenor ranging from 5 to 20 years, with financing available from Rs. 2.7 million to 10 million.
The financing rate starts at 3 percent for the first five years, increases to 5 percent for the next five years, and then follows KIBOR + up to 250 basis points for the remaining financing period.
State Bank Helpline Number | SBP Helpline Number
Phone: UAN111-727-111
Email: info@sbp.org.pk
Address: State Bank of Pakistan I.I.Chundrigar Road, Karachi, Pakistan
BOP Roshan Apna Ghar House Financing
The Roshan Digital Account (RDA) is a significant initiative by the State Bank of Pakistan in partnership with commercial banks. It offers innovative banking solutions for millions of Non-Resident Pakistanis (NRPs) looking to engage in banking, payment, and investment activities in Pakistan.
The Bank of Punjab has embraced the RDA product, allowing NRVA holders to explore investment opportunities in residential and commercial real estate. The bank’s role is limited to processing payments without any liability concerning the underlying transactions on behalf of the account holder.
All banking activities adhere to prevailing laws in Pakistan. Additionally, BOP-Taqwa Islamic Banking provides RDA holders with a Home Finance Facility called Roshan Apna Ghar, offering favorable terms for home financing.
House loan in Pakistan Details:
House loan in Pakistan Facility:
- Financing Range (Buy, Build): Minimum Rs. 500,000/-, Maximum No cap
- Financing Range (Renovate only): Minimum Rs. 500,000/-, Maximum Rs. 10 million for Non-Lien Customers, Maximum no cap for Lien-based Customers.
Period of the Loan:
- Maximum up to 25 Years
Initial Down Payment (Equity Ratio):
- For Buyer, Build a Maximum of up to 85% of property value for Non-Lien Based Customers. For Lien-based customers in Standard House Finance, a maximum of up to 99% of property value.
- For Renovation only: Up to 40% of property value
Processing Fee:
- You have to pay a processing fee of PKR 4,000/- (16% Federal Excise Duty will be levied)
Bank Of Punjab Helpline Number | BOP Helpline
Phone: (042) 35783700-10
Email: CPD.HelpDesk@sbp.org.pk
Address: BOP Tower, 10-B, Block E-II, Main Boulevard Gulberg III Lahore
HBL Islamic Home Finance
HBL Islamic House loan in Pakistan Finance is a Shariah-compliant scheme designed to help you achieve the home of your dreams. This scheme covers various options, including purchasing completed residential properties, constructing a house (including land purchase), renovating a house/apartment, or replacing an existing mortgage facility (BTF).
The financing limit ranges from PKR 2,000,000 to PKR 100,000,000, with equal monthly installments and a payment tenure spanning from 3 to 25 years.
HBL offers financing up to 70% of the property value, and the scheme includes property and life takaful for added security. It’s important to note that all applicable bank charges will follow the Islamic Schedule of Bank Charges.
HBL Helpline Number
Phone: (021) 111 111 425
Address: HBL Plaza, located on I. I. Chundrigar Road in Karachi, Sindh, Pakistan
U Bank House Loan
U Microfinance Bank provides a House loan in Pakistan facility, including salaried individuals, business owners, and pensioners. House loan in Pakistan covers the purchase of complete residential properties, apartments, flats, or houses.
It also supports construction on a newly purchased or previously owned plot, structural improvement, or house renovation. The loan amount ranges from PKR 150,000 to PKR 3,000,000, with a flexible repayment period of 3 to 25 years.
Monthly installments make loan repayment easy, and the bank offers a minimum markup rate. Additionally, the option for joint or family property facilitates the provision of loans to a wider range of applicants.
U Microfinance Bank aims to make home ownership easy and manageable for individuals with diverse needs and financial situations.
U Bank Helpline Number
Phone: +92 51 111-182-265
Email: complaints@ubank.com.pk
Head Office: 2nd Floor, 13-B, Jinnah Super Market, F-7, Islamabad
Mobilink Bank House Loan
Mobilink Bank in Pakistan provides a House loan in Pakistan for those looking to buy a house, construct a new one, make additional improvements to their existing house, or renovate their homes. House loan in Pakistan amount ranges from Rs. 50,000 to Rs. 3,000,000, and the repayment period can extend up to 20 years.
This House loan in Pakistan offers flexibility for people with different housing needs and financial situations. Whether you’re dreaming of a new home or want to enhance your current one, Mobilink Bank aims to help you in making your housing.
Mobilink Bank Helpline
Helpline: 051-111-962-962
Email: complaints@mobilinkbank.com
Address: 3-A/2 F-8 Markaz Islamabad
Allied Bank Home Finance
Allied Bank provides the ALLIED HOME FINANCE House loan in Pakistan for various housing needs, including house or apartment purchase, land purchase with house construction, construction on already-owned land, home renovation, and purchasing housing units in under-construction multistorey projects.
The financing extends up to Rs. 75 million, with a repayment period ranging from 3 to 25 years. The House loan in Pakistan transfer facility comes with a low markup rate, and free life insurance is offered (subject to terms and conditions).
Currently available in nine cities, including Karachi, Lahore, Islamabad, Rawalpindi, Faisalabad, Gujranwala, Sialkot, Multan, and Hyderabad, the facility also supports low-cost housing finance for specific individuals, such as widows, children of martyrs, special persons with disability, transgender, and those wanting to build in areas affected by terrorism.
This initiative aligns with the State Bank of Pakistan’s guidelines to promote affordable housing in specific circumstances.
Allied Bank Helpline
Helpline/Phone: 111-225-225, (+9221) 32331784
Email: cm@abl.com.
Address: Allied Bank Head Office, 3 & 4, Tipu Block New Garden Town, Lahore, Punjab 54000
Habib Metro Bank Home Finance
Turn your dream of owning a home into reality with a HABIBMETRO House loan in Pakistan. Whether you want to buy, build, or renovate a house, you can now make it happen with their affordable and flexible financing options.
The HABIBMETRO House loan in Pakistan allows you to get a minimum amount of PKR 500,000, with a maximum of PKR 100 million, and an easy repayment period of up to 25 years.
The maximum House loan in Pakistan you can get depends on factors like your salary, age, burden ratio (DBR), and the property’s price. It’s the perfect opportunity to make your homeownership dreams come true with HABIBMETRO Home Finance.
Habib Metro Bank Helpline
Phone: 0800 – 42242 / ( + 9221) 111 142 242
Email: complaints@habibmetro.com
Address: No:207, Block A-II, Model Town Link Rd, Muhammadpura, Lahore, Punjab 54600
FAQs | Interest-free Home Loan In Pakistan
What is a House loan in Pakistan?
In Pakistan, people dream of homes, but it’s hard for jobholders with limited money. Building costs a lot, creating a common challenge. So, banks now give House loans from 1 to 500 million to turn dreams into reality. In this many banks offer Home loans in Pakistan.
Which Banks offer House Loans in Pakistan?
These are the Top 10 Banks in Pakistan that offer House loans:
Meezan Bank: Islamic House Finance
BOP: Apna Ghar House Financing
State Bank Of Pakistan: Mera Pakistan Mera Ghar
Standard Chartered: Saadiq Home Finance | Shariah Compliant House loan in Pakistan
Bank Alfalah: Alfalah Ghar Asaan
HBL: HBL Islamic Home Finance
MCB: Mcb Home Loan
UBank: U Bank Home Loan
Mobilink Bank: Mobilink House Loan
Allied Bank: Allied Home Finance
How much Home loan give Meezan Bank?
Meezan Bank’s Easy House loan in Pakistan follows Shariah laws, using the Diminishing Musharakh method. You can secure financing from PKR 1 million to PKR 100 million, choosing a tenure from 3 to 25 years. For Salaried / SEP / NRP individuals, the financing is up to 75% of the property value, while businessmen can avail up to 70%. Monthly payments cover house use and buying the bank’s share, making it convenient for both businessmen and salaried individuals.
How much loan the MCB home loan offer and how much is charged on the Loan?
MCB House loan in Pakistan makes owning your dream home easy. With financing options from Pkr.1 million to 50 million, MCB offers competitive pricing for loans duration 2 to 25 years. You can buy a house, build on a plot, or renovate your existing home. The diverse financing options various needs, with accessibility nationwide through all MCB branches.
How much loan the State Bank of Pakistan House loan Pakistan offer and how much is charged on the Loan?
The State Bank of Pakistan offers housing loans in both traditional and Islamic methods. In collaboration with the Government of Pakistan and Naya Pakistan Housing and Development Authority (NAPHDA), this scheme provides low-rate financing. Customers can choose a loan period from 5 to 20 years, with financing loans available from Rs. 2.7 million to 10 million. The markup rate is 3 percent for the first five years, rising to 5 percent for the next five years, and then follows KIBOR + up to 250 basis points for the remaining period.
how much markup rate for the Roshan Digital Account Home Loan?
The Roshan Digital Account (RDA) offers financing for buying, building, or renovating homes. The minimum financing for all options is Rs. 500,000, with no maximum limit for buying or building. For renovation, the maximum is Rs. 10 million for Non-Lien Customers, and there’s no cap for Lien-based Customers. The loan period can be up to 25 years. For buyers and builders, the initial down payment can be up to 85% for Non-Lien and up to 99% for Lien-based Customers. Renovation allows up to 40% down payment. There’s a processing fee of PKR 4,000, plus a 16% Federal Excise Duty.
How much home loan is Mobilink Bank?
Mobilink Bank in Pakistan offers House Loans for buying, building, improving, or renovating homes. You can get loans ranging from Rs. 50,000 to Rs. 3,000,000, with a repayment period of up to 20 years, providing flexibility for various housing needs. Whether you dream of a new home or want to upgrade your current one, Mobilink Bank is here to assist you in achieving your housing goals.
Recommended Reading: Which Bank Is Best For House Loan In Pakistan (Get 5-50 Lakh Home Loan) [Sharia Compliant]
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