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How to get home loan from Samba Bank in Pakistan

Now you can fulfill your desire to own your dream home with a Samba Home Loan. Samba Bank now offers you financing options to buy, build or renovate the perfect home to call your own. Financing limit for the home is 3,000,000 to PKR 100,000,000. With this huge Financing amount you will be able to buy your own house, renovate your existing house or buy a plot including construction of home

Samba Home Loan Features & Benefits

1.      One installment-based installment against the residential property collateral

2.      Financing limit of PKR 3,000,000 to PKR 100,000,000 / –

3.      Equal monthly installments

4.      Flexible tenure from 2 to 20 years

5.      Financing up to 75% of the property’s value

6.      Co-borrower option available

7.      Free Property and insurance of Life

Product Offerings

1.      Buying a built home

2.      Renovation of a home

3.      Buying a plot including construction of the home

4.       Balance transfer facility

Samba Home Loan Eligibility Criteria

PAKISTAN RESIDENT:

1.       Pakistani nationals residing and working in Karachi, Lahore and Islamabad

2.       Applicant must be 30 years of age or older at the time of funding application and 60 or younger / retirement age, whichever is less at the time of funding expiration (70 years to the maturity of the loan for self-employed)

3.       Monthly income must be PKR 100,000 / – Salaried Individuals and PKR 500,000 / – for Self-Employed

NON-RESIDENT INDIVIDUALS PAKISTANI:

1.       Pakistani citizens living abroad:

2.       Monthly income must be equivalent to USD 3500 / – or more for Salaried Individuals and USD 5,000 / – for self-employed individuals

3.       Non-resident Pakistanis can only apply for a Samba home loan with a co-borrower who is a resident Pakistani

Samba Home Loan Requirements

1.       Complete and signed Samba Home Loan Application Booklet

2.       Valid Smart Card / CNIC (Non-resident Pakistanis must also provide a copy of their valid passport, visa and / or work permit)

3.       Bank statement

4.       Valid documentary proof of employment or business:

5.       Salaried individuals: Payment / salary receipts duly validated by the Employer’s Human Resources Department

6.       Self-employed: letter of ownership, Tax returns, NTN certificate, articles/ memorandum of association, partnership deed, etc.

Samba Financing Calculator

Samba’s convenient financial calculator helps you to choose your finances simply and evidently. Click on the link for Samba Calculator: https://www.samba.com/en/customer-support/customer-support/tools-planners/calcualtor.aspx

How to Apply For Samba Bank Home Loan 2021

Please contact Samba Phone Banking, to apply for Samba Home Loan on +92 21 11 11 SAMBA (72622) email at Samba.Care@samba.com.pk

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