HBL Bank Naya Pakistan Housing Scheme Loan Details

Under the Shariah compliant guidelines of Decreasing Musharakah financing mode, it offers you a convenient and affordable option to get your dream home. HBL Islamic Bank bring you the government profit subsidy scheme by which you can enjoy home financing on less than 3% rates

KEY FEATURES

1. Financing under Tier 1 is available through banks for financing under NAPHDA projects

2. Financing under Tier 2 and Tier 3 is available through banks for financing of housing units under non-NAPHDA projects

Tiers	Size Of Housing Unit	Maximum Price Of Housing Unit	Maximum Financing	Minimum Contribution From Costumer
Tier 1 (NAPHDA Projects)	House up to 125 square yards (5 Marla) Apartments with maximum covered area of up to 850 square feet	PKR 3.5 million	PKR 2.7 million	10% of property value
Tier 2	House up to 125 square yards (5 Marla) Apartments with maximum covered area of up to 1,250 square feet	No cap	PKR 6.0 million	10% of property value
Tier 3	House up to 250 square yards (10 Marla) Apartments with maximum covered area of up to 2,000 square feet	No cap	PKR 10.0 million	15% of property value

Eligibility Criteria:

1. All men and women in possession of a valid CNIC

2. Applicants must not own a home

3. A person can make use of this benefit grant system only once

TENOR AND RATES:

Financing tenure from 5 years to 20 years

Subsidized Rate	First 5 Years	Next Five Years	For Period Exceeding 10Years
Tier 1	3%	5%	1 yr KIBOR plus 2.5%
Tier 2	5%	7%	1 yr KIBOR plus 4%
Tier 3	7%	9%	1 yr KIBOR plus 4%