Friday , September 22 2023



House Building Finance Company Limited (HBFC) is Pakistan’s leading housing finance institution. Through our Head office in Karachi and a countrywide network of Regional and Branch Offices, we are offering our services for home financing in every part of the country including construction and purchase of the house.

An Affordable Housing Solution for Low and Low-Middle Income Group

In line with the Prime Minister’s vision of providing affordable housing to the poor and lower-middle-income citizens of Pakistan, House Building Finance Company (HBFC) is pleased to announce “Ghar Pakistan” fixed affordable rate housing finance product.

The salient features of Ghar Pakistan are:

Pricing – Fixed-rate mortgage @ 12%
Financing Range – up to PKR 2,500,000/-
Collateral specifications – House of up to 300 sq.yd & Flats up to 1400 sq.ft.
Tenure of Loan – 03 – 20 years
Income Criteria – net disposable income up to PKR 100,000/-
Balloon Payment – No Charges
Early Settlement – No Charges
Insurance Coverage – Life and Property insurance coverage to the extent of the financing amount. Types of Financing – for Construction & Purchase of house/flat and BTF from other banks

Ghar Pakistan is the first fixed long term affordable mortgage product in the country’s history and is expected to be the trendsetter in the housing market in Pakistan.

Now, HBFC is geared up to play a pivotal role in addressing the increasing housing shortage in the country.

House Building Finance Company Limited (HBFC)

As we know Pakistan is a populated country. It is the world’s sixth-most populous country with a population exceeding 212,742,631 people. Pakistan has one of the largest labor and manpower resources in the world, due to its large population. According to data produced by the CIA World Factbook, the total number of Pakistan’s labor force is 57.2 million, making it the ninth-largest country by the available human workforce. About 43% of this labor is involved in agriculture, 20.3% in industry and the remaining 36.6% in other services.

Pakistan lies among the contour of such developing countries that are facing fundamental challenges of employment, decent work for all, social protection and social justice. With more than 184 million populations and around 61 million labor-forces as per LFSR 2014-15, Pakistan is a country with great potential and it can play an important role in shaping the future world of work. Pakistan became a member of the International Labour Organization (ILO) right after becoming independent in 1947 and has since been actively contributing towards the development of the global Decent Work Agenda and its implementation. Since last more than 30 years, Pakistan is represented at the Governing Body of ILO which reflects its commitment to the cause of decent work and social justice. Pakistan is one of the first countries having adopted the ‘Decent Work Country Programme (DWCP)’ in 2005 in compliance with the spirit of tripartism and in consultation with stakeholders.