Sunday , October 2 2022

Khushhali Home Plus Loan Scheme

Khushhali Home Plus

Khushhali Microfinance Bank introduces Khushhali Home Plus Loan Scheme for their Customers in Pakistan. It is Individual Micro-housing Loan for New construction and Structural Changes or Renovation in the existing house.

The Ministry of Housing has signed a Memorandum of Understanding (MoU) with the Bank of Punjab and Al-Falah Bank under which loans will be provided by these banks for the construction of houses at fixed rates and there will be no limit for this loan. ۔ In this way, those who do not apply to the markup subsidy scheme will also be able to benefit from this process.

Product Name

Khushhali Home Plus

Product Type

Individual Micro-housing Loan

Product Purpose

Loan for New construction and Structural Changes or Renovation in the existing house.

Loan Eligibility Criteria

Age: 25 -60 years (65 years for Pensioners)

The annual income of Applicant should be equal to or less than PKR 600,000 per year

Residing in the house/ ownership of the house (if the property has been given on rent) for at least 1 year

Salaried individuals must be working with the current employer for at least 2 years

2 years business experience



6-36 Months

Repayment Options

Equal Monthly Installments


For Loans up to PKR 250,000:


For Loans equal to or greater than PKR 250,001 to PKR 500,000:

Co-borrower  & Guarantor in case of self –employed individuals/ Post-dated Cheque of salary account for  salaried individuals/ Post-Dated Cheque of Pension account or Copy of Pension Book in case of Pensioners

Loan Ticket  (minimum & maximum): PKR 50,001 to PKR 500,000

Service charges: 25% APR