Key Features

• Purchase of completed residential property, construction of house including land purchase, renovation of house/apartment or replacement (BTF) of existing mortgage facility
• Financing limit between PKR 2,000,000 to PKR 100,000,000/-
• Equal monthly instalments
• Payment tenure from 3 to 25 years
• Financing up to 70% of property value
• Property and life takaful

Criteria

Salaried individuals:

• Applicant must be a Pakistani citizen.
• Applicant must be 25 years or more at the time of financing application and 60 years or less/ retirement age, whichever is lower at the time of financing maturity.
• Monthly income must be from PKR 50,000/ or above.

Self-employed business persons/professionals:

• Applicant must be a Pakistani citizen
• Applicant to be 30 years or more at the time of application and 65 years at maturity of financing.
• Monthly income must be from PKR 100,000/ or above.

Non-Resident Pakistani (Salaried individuals):

• Applicant must be a Pakistani citizen.
• Applicant must be 30 years or more at the time of financing application and 60 years or less/ retirement age, whichever is lower at the time of financing maturity.
• Monthly income must be equivalent to Pak Rupees PKR 400,000/- or above.

Documents Required

Salaried individuals to provide:

• ​Copy of valid CNIC/NICOP/SNIC
• Two recent passport size photographs
• Original salary certificate stating date of joining and cadre of employment.
• Latest three original/attested salary slips
• Twelve months’ bank account statement where salary is credited.
• Proof of five years’ occupation (business or profession)

Self-employed business persons/professionals to provide:

• Copy of valid CNIC/NICOP/SNIC
• Two recent passport size photographs
• Proof of five years’ occupation (business or profession)
• Bank certificate stating Title/ CNIC#/ Account#/ A/c Opening Date/ Business Entity/ Authorized Signatory Name
• Bank statement for last 12 months

Non-Resident Pakistani (Salaried individuals):

• Salaried individuals only
• Non-Resident Pakistanis residing in GCC countries only (UAE, Saudi Arabia, Qatar, Bahrain, Oman, Kuwait)
• Applicant must be having Pakistani nationality
• Applicant must be 30 years or more at the time of financing application and 60 years or less/retirement age, whichever is lower at the time of financing maturity
• Minimum monthly income must be equivalent to PKR 400,000/-
• Total 5 years work history (permanent or contractual) with at least 2 years with the current employer

You can also visit one of our branches, call 111-425-425, or click below to apply

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Product Disclosure

All bank charges will apply as per the prevalent Islamic Schedule of Bank Charges.

Guiding principle

​HBL Islamic HomeFinance is based on the concept of Musharakah (Shirkat-ul-Milk). Under this arrangement, bank and customer become joint owners in the house. Bank’s ownership share of the house is divided into units which customer purchases periodically. Till the complete ownership, customer pays agreed rentals for using bank’s share in the house.

Terms and conditions apply.

Pricing

Fixed profit rate can also be offered as per bank’s discretion.