Friday , July 30 2021

Meezan Easy Home Financing Scheme For Pakistani Citizen

Meezan Bank is committed to supporting this initiative of the GOP and providing Riba-free affordable, financing to the people of Pakistan. Monthly payments mentioned above are for the first five years, based on 20 years financing period. Monthly payment includes unit price and rent.

Meezan Easy Home Financing Scheme For Pakistani Citizen

For detailed terms and conditions. please visit your nearest branch or visit the official website. Housing Units/apartments of up to 125 square. yards /Five Marla with a covered area of up to 850 square feet.

Category Tier 1 NAPHDA Tier 2 Non-NAPHDA Tier 3 Non-NAPHDA
Housing Units

Housing Units/apartments of up to 125 sq. yards / Five Marla with a covered area of up to 850 sq. feet

Housing Units of more than 125 sq. yards up to 250 sq. yards /10 Marla or apartments with covered area from more than 850 sq. feet to 1,100 sq. feet

Purpose Only for construction and first purchase of newly constructed affordable housing units
Financing Tenor Up to 20 years
Profit rate First 5 years = 5% First 5 years = 5% First 5 years = 7%
Next 5 years = 7% Next5years = /% Next 5 years = 9%
For periods exceeding 10 years
= 1 year KIBOR+2.5%
For periods exceeding 10 years
= 1 year KIBOR-4%
For periods exceeding 10 years
= 1 year KIHOR-4%
Maximum Price of Rs. 35 Lakhs Rs. 60 Lakhs
Maximum Financing Rs. 27 Lakhs | Rs. 30 Lakhs Rs. 50 Lakhs

Terms & conditions apply.

Meezan Easy Home

Approximate monthly payments

Financing amount Rs. 10 Lakhs Rs. 20 Lakhs Rs. 30 Lakhs Rs. 40 Lakhs Rs. 50 Lakhs
Total monthly payment Rs. 6,600/- Rs. 13,199/- Rs. 19,799/- Rs. 31,012/- Rs. 38,765/-