House Building Finance Company Limited (HBFC) House Finance Scheme 2022
Nava Pakistan Materialize Prime Minister’s vision of Naya Pakistan into your Naya Ghar Backed by the State Bank of Pakistan, we are committed to playing our part in building a prosperous future for the nation. For more details, visit the official website: www.hbfc.com.pk
House Building Finance Company (HBFC) is a country’s premier housing finance institution, providing affordable solutions to the low and middle-income groups of the population. HBFC was established in 1952 and was corporatized in 2007 as an unlisted public limited Company. The Company operates through its deep-rooted and national footprint of 51 branches with head office in Karachi.
All Pakistani nationals holding valid CNIC
The customer must not own any residential housing unit/apartment and will be a first-time homeowner
The facility will be available only once to an individual. The facility will be for construction and the first purchase of a newly constructed affordable housing unit.
Tier I Up to PKR 2,700,000/-
Tier II Up to PKR 3,000,000/-
Tier III Up to PKR 5,000,000/-
Must minimum be meeting specified DBR for requested financing
Minimum Rs. 50,000/- per month
For Tier I and Tier II:
Up to Rs. 100,000/- individual or Rs. 140,000/- household
For Tier III:
Up to Rs. 200,000/- individual or Rs. 250,000/- household
As per prevalent policy applicable for borrower, co-borrower, and guarantor
10/15/20 Years (depending upon the choice of the customer)
Loan To Value Ratio (LTV):
Up to 85: 15
Tier I & Tier II
Fixed @ 5% per annum for 1st 05 years
Fixed @ 7% per annum for next 05 years
Floating rate of 01 Y KIBOR + 2.0 % p.a. (with a floor of 7% and ceiling of 12% to be charged after 10 years)
Fixed @ 7% per annum for 1st 05 years
Fixed @ 9% per annum for next 05 years
Floating rate of 01 Y KIBOR + 2.5 % p.a. (with a floor of 8% and ceiling of 13% to be charged after 10 years)
Tier I Housing units/apartments of up to 125 SY (up to 05 Marla) with a covered area of up to 850 SF and priced (market value) at a maximum of Rs. 3.50 Mn (built under NAPHDA projects).
Tier II Housing units/apartments of up to 125 SY (05 Marla) with a covered area of up to 850 SF and priced (market value) at a maximum of Rs. 3.50 Mn.
Tier III Housing units of more than 125 SY up to 250 SY (10 Marla) or apartments with covered area from more than 850 SF to 1100 SF and priced (market value) at a maximum of Rs. 6.00 Mn.