Financing Option
a) FWBL Housing Finance for Low Income Groups will offer the following options to its clients.
b) Home buying
c) Housing construction (Residential land + Construction)
d) Home renovation / Extension
Product Offered to:
· Salaried person: permanent employees of the government, semi-organization, local government bodies, military, autonomous and semi-autonomous bodies, multinational companies, public limited companies and private limited companies.
· Self-Employed Entrepreneurs / Professionals
Housing Finance For Low Income Group Eligibility Criteria
1) Applicants must be a citizen of Pakistan.
2) Permanent employee with a minimum of 3 years of continuous employment.
3) Monthly net income must not exceed PKR 100,000 per month and the household must not exceed PKR 140,000 per month.
Age Requirement
· For salary individuals the minimum age requirement is 23 or older at the time of loan application and 60 or retirement age, whichever occurs first at the time of loan maturity.
· For business persons the minimum age requirement is 21 years or older at the time of the loan application and 65 years at the maturity of the loan.
Loan Amount
· Minimum loan amount is Rs.500, 000/-
· Maximum loan amount is Rs. 4,500,000/-
Loan Tenure
· Minimum loan tenure is 3 years
· Maximum loan tenure is 20 years
First women’s bank Housing Finance For Low Income Group Documents Requirement
Salaried individuals must provide
a) Applicant must have a valid CNIC
b) Clean credit History
c) Two recent Passport size photograph
d) Salary Slips of attested salary certificate for last three months
e) Bank statement for 6 months
f) Copy of property documents
Self-employed business persons/professionals to provide:
a) Applicant must have a valid CNIC
b) Clean credit History
c) Two recent passport size photographs
d) Proof of occupation/business
e) Bank statement for last 12 months
f) NTN/Tax returns
g) Copy of property document
How To Apply For FWBL Housing Finance
Click on the link to explore First Women Bank Branches to apply for loan: https://branches.pk/branches/First-Women-Bank-Limited
First Women Bank Contact Information
Following are the contact Numbers for more information and queries:
Ø 021-111-11-0925
Ø 0331-3925-111