HBL HomeLoan
A loan facility that enables you to fulfill your dream of owning a perfect home. Be it purchasing a new one, constructing or renovating your existing home, this facility has multiple options to suit your needs.
Key Features
• Financing limit between PKR 2,000,000 to PKR 40,000,000
• Flexibility of choosing between fixed and variable mark-up rate
• Repayment tenure ranging from 5 years to 20 years
• Free property insurance at all times ensuring peace of mind
Financing Options
Buy: This option provides financing for buying a new home.
Build: This option provides financing for construction on land you already own.
Renovate: This option provides financing for renovating your home.
Descriptors | Buy
| Build | Renovate |
|---|
Loan Tenure | 5 Years to 20 Years | 5 Years to 20 Years | 5 Years to 10 Years |
Loan Amount | PKR 3 Million – PKR 40 Million | PKR 2 Million – PKR 15 Million | PKR 2 Million – PKR 4 Million |
Maximum financing Amount (as % of appraised value of property) | 75% | 70% | 30% |
Property Insurance | Free | Free | Free |
Criteria
Salaried individuals
Applicant can be a Pakistani or non-resident Pakistani*
Applicant to be 25 years or more at the time of loan application and 60 years or less at the time of loan maturity
For existing customers, minimum monthly income to be PKR 100,000
For new to bank customers, minimum monthly income to be PKR 150,000
Permanent employee with a minimum of 5 years experience with confirmed employment status in the current job
*Non-resident Pakistani must apply with a co-borrower who is a Pakistani resident
Self-employed business persons/professionals
Applicant must be a Pakistani resident
Applicant to be 30 years or more at the time of loan application and 65 years or less at the time of loan maturity
For existing customers, minimum monthly income to be PKR 150,000
For new to bank customers, minimum monthly income to be PKR 200,000
Minimum 5 years experience in personal business
HBL HomeLoan is currently being offered in the following cities:
Karachi, Lahore, Islamabad / Rawalpindi, Faisalabad, Multan
How to apply
Salaried individuals to provide:
Original copy of CNIC along with verified copy
Two recent passport size photographs
Letter from employer
Salary slip or attested salary certificate for last 3 months
Bank statement for last 12 months
Copy of property documents
Self-employed business persons/professionals to provide:
Original copy of CNIC along with verified copy
Two recent passport size photographs
Proof of occupation/business
Bank statement for last 12 months
NTN/Tax returns
Copy of property documents
Terms and conditions apply.
Important Documents
