Askari bank home loan Eligibility Criteria And Required Documents

Askari bank home loan scheme has been announced to build your own home. Lack of affordability due to low income, meeting the needs of a huge number of family members with a small setup, can make you unable to construct/buy his/her own house.

If you seek to buy, build, renovate or transfer your existing home loan, Askari Mortgage Finance offers the right plan to you. Every male and female can apply to the scheme. The minimum age required is 21 year with a salary of 50000 RS.

Askari bank Home Loan Details


This type of loan is extended to clients who already own land and need funds to cover the cost of building a house on that land. The disbursement of this loan is made in tranches during the construction phase depending on the quantitative invoices (BOQ) presented by the client, duly verified by the valuation agency approved by the Bank.


Simply visible by the name, this type of loan is given to purchase an already constructed house

Buy a plot and build

This type of loan is extended to clients who want to buy a plot and build a house on that plot. The disbursement of this loan is made in tranches for the purchase of the plot and then during the construction phase depending on the invoices of quantities (BOQ) presented by the client duly verified by the valuation agency approved by the Bank.


This loan is for those customers who already have a house and require some funds for renovation or improvement. Payment will be given in two tranches and it is just after the customer will provide BOQ appropriately verified by the Bank’s approved evaluation agency.



This type of loan is offered to existing borrowers from other institutions, who may want to switch to Askari Bank Limited for reasons of service, price or relationship. The home loan with the other financial institution must have a positive credit history. The balance transfer facility is not strictly allowed for properties that are still under construction.

Askari Bank Home Loan Eligibility Criteria

Tenure of Loan3 to 25 years
Minimum Age of Borrower21 years
Maximum Age62 years (Salaried)
65 years (SEB/SEP/Pensioner)
Minimum Salary/Income
Permanent Employees
Contractual Employees
SEB/SEP (Branch Customers)
SEB/SEP (Non Branch Customers)

Rs. 50,000/-
Rs. 60,000/-
Rs. 100,000/- Average Balance
Rs. 100,000/- Average Balance
Minimum Employment – Salaried

SEB/SEP (Branch Customers)
SEB/SEP (Non Branch Customers)
1 year & 6 months with present employer,
6 months banking relationship
1 Year in same business/profession
2 Years in same business/profession
Finance Amount (subject to DBR)Rs. 500,000/- to Rs. 100 Million
Minimum Equity Requirement25%
Top Up/Limit EnhancementRenovation/Completion purpose
Transfer of balance Facility in contrast to already availed loan finance from other bankAfter 18 months
Mark-up Rates
Branch Customer (Salaried/SEB/SEP)
Non-Branch Customer (Salaried/SEB/SEP)

1 Year KIBOR + 3%
1 Year KIBOR + 4%

Askari Bank Home Loan Required Documents

·         Application Form properly filled in all respects

·         Copy of valid CNIC

·         Salary Slip / Proof of Income

·         Bank Statement

·         Copy of the latest utility bill with no past due in current month

·         2 Passport size photographs

·         Biometric Verification

Askari bank home loan calculator

Click this link to estimate home loan finance installment

Askari Bank Home Loan Online Apply

·         You can apply by visiting Askari bank branches or by calling 24 hrs bank call center at 111-000-787. Askari bank committed staff will help you complete your loan submission form and other regulations.

·         click this link and fill the form, the bank staff will contact you back.

·         Click this link for digging out nearest Askari bank branches


Recently, Askari bank announced for Children of Shaheed army officers, transgender, special people and people in areas severely affected by the war on terror, Askari Bank has introduced a “Low Cost Housing Finance Service for Special Segments”. Click the link below for more details:

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