HBFC is striving to be a socially responsible and commercially sustainable housing finance institution.


Ghar Sahulat Scheme - Construction

Eligibility Criteria:

  1. Citizenship:
    • Resident Pakistani
    • Non Resident Pakistani
  2. Facility of Applicant / Co-applicant  / Guarantor:
    • Primary (or Single) & Co-applicant allowed
    • Co-applicant must be an immediate family member
    • Guarantor must be a family member having inheritance right in the property to be mortgaged
  3. Age of Applicant / Co-applicant  / Guarantor:
    • Salaried: 18 – 57 years
    • Self-employed Businessmen / Self-Employed Professionals: 18 – 62 years
  4. Income Criteria:
    • Verifiable net disposable monthly income
  5. Employment / Business / Professional Tenure:
    • Salaried: Minimum 1 year continuous employment
    • Self-employed Businessmen / Professionals: Minimum 2 years in current business / industry

Product Features

  Ghar Sahulat Scheme - Construction
Income Criteria Verifiable net disposable monthly income
Facility Amount
  • Up to PKR 25,000,000/- to affluent individuals of Karachi, Lahore, Islamabad / Rawalpindi, Faisalabad, Multan, Peshawar and Quetta
  • Up to PKR 10,000,000/- in all other areas
Facility Tenure 3 – 20 years
Profit Rate
  • Salaried: 1 Year KIBOR * + 3.00%
  • Self-employed Businessmen: 1 Year KIBOR * + 3.50%
  • Self-employed Professionals: 1 Year KIBOR * + 3.50%

* Yearly re-pricing on each anniversary of financing.

Pricing 1 Year KIBOR of last working day of the previous month mentioned on SBP’s official website shall be applied for fresh and renewal case during the following whole month.
Loan To Value (LTV) Ratio / HBFC’s Share Up to 70% on the basis of market value assessed by valuator (of the property to be mortgaged) or purchase value, whichever is lower
Balloon Payment Amount should be greater than or equal to 10% of the outstanding principal amount
Insurance / Takaful

Life Insurance and Property Takaful coverage to the extent of financing amount

* Insurance / Takaful Companies on HBFC's Approved Panel

Collateral Specifications
  • The construction is as per the approved building plan

  • For the front coastal line for e.g. front row of Sea View Township and Darakhshan Villas, DHA / Clifton Karachi, subject to the soundness certificate from approved PBA Valuer.

Schedule of Charges


  Ghar Sahulat Scheme - Construction
Application Processing Fees
  • Financing up to PKR 4,500,000/- : processing fees is PKR 2,000/-
  • Financing above PKR 4,500,000/- : processing fees is PKR 5,000/-
Income Estimation Charges
  • Salaried: PKR 2,100/- to PKR 5,500/-Employees of Govt., Semi-Govt., Companies listed in Stock Exchange and Non-Resident Pakistani: Nil
  • SEB / SEP: PKR 3,000/- to PKR 5,500/-
Property Valuation Charges
  • Flat: PKR 2,000/-
  • House: PKR 2,500/-
    (Plus PKR 500/- to PKR 700/- in case of construction case before releasing the third tranche)
Title Clearance Charges *

At Actual

* To be borne by the Customer

Medical Examination for SLIC Life Insurance Clearance At Actual
Legal Documentation Charges *

At Actual

* To be borne by the Customer

Late Payment Charges PKR 1,000/- on each overdue monthly payment
Balloon Payment Charges Nil
Early Settlement Charges Nil
Penalty for Each Missed Payment PKR 1,000/-
Storage Charges

PKR 100/- per month

(if mortgaged property documents are not collected within 90 days from the date of account closing)

Last updated on: 09 Jul, 2020