Home Buyer: This type of facility allows customers to purchase an already constructed property.

Home Builder/ Plot + Construction: This type of facility is extended to customers who already own land / want to purchase a piece of land and need funds to meet the cost of constructing property.

Home Renovation: This facility is offered to customers who already own a property and require funds for renovation.

Home Re-finance: (Transfer of existing home finance facility): This type of facility allows customers to transfer existing home finance facilities from any other bank to Faysal Bank Limited Islamic Banking.

• Floating rate (Linked with 1 year KIBOR)
• Quick processing with minimum documentation
• Minimum limit of PKR 500,000 and Maximum of PKR 150 Million or up to (80%) of the appraised property value.
• Tenure ranging from 1 to 20 years.
• Flexibility to make partial pre-payments.
• Property Takaful coverage.
• Property rental income can be considered as primary or additional to basic income.
• Income clubbing option of close relatives (Parents, Spouse & Children Only).
• Non-Resident Pakistanis (NRPs) are also eligible to apply subject to fulfillment of documentary requirements.

Citizenship: Pakistani

 Cities: Karachi, Lahore, Islamabad, Rawalpindi.

Income:

• Salaried (Approved Company) – Minimum PKR 100,000 per month for permanent & Minimum PKR 150,000 per month for contractual employees.
• Salaried (Unapproved Company) - Minimum PKR 150,000 per month.
• SEP – Minimum PKR 150,000 per month.
• SEB – Minimum PKR. 200,000 per month.
• NRP – Minimum USD 4,000 per month.

Age Limit:

• Salaried – Minimum 21 Years and Maximum 60 Years at the time of maturity.
• SEB/SEP – Minimum 21 Year and Maximum 70 Years at the time of maturity.

Employment Tenure:

• Salaried (Approved Company) - No requirement for permanent employees & minimum 1 Year for contractual employees.
  Salaried (Unapproved Company) – Minimum 2 Years employment tenure.
• SEB/SEP – 2 Years of continuous service in current business/profession business proof through (Bank certificate / NTN certificate / Partnership Deed / Certificate of Incorporation / Form A / Form 29, etc.)
• NRP – Minimum 2 years of continues employment (salaried) & Minimum 2 years in current Business/Industry.

Salaried

• Copy of CNIC.
• 2 Passport Size Photographs.
• Last six (06) months’ Salary Slips.
• Salary/Employment Certificate (Designation, Date of Joining, employment status, Salary Breakup)
• Last 12 months Bank Statement with salary reflection (Original with bank stamp)

SEP/SEB

• Copy of CNIC.
• 2 Passport Size Photographs.
• NTN Certificate.
• Last 2 Years Tax returns
• Last 12 months’ bank statement (Original with bank stamp)
• Proprietorship certificate (Original)
• Partnership Deed, Form A, Form 29 / Article of Memorandum and Certificate of Incorporation.
• Professional Degree / Diploma / Valid membership of applicable professional body.

NRP (Salaried and Self Employed Professionals Only):

• Copy of NICOP / Passport / Work Permit.
• 2 passport size photographs.
• Last six (06) months’ salary slips.
• Salary/Employment Certificate (Designation, Date of Joining, employment status, Salary Breakup).
• Last 12 months bank statement with salary reflection.
• All documents to be attested from Pakistan Consulate or Notary Public of resident country.
• Email ID / Contact Number and Person Name for verification of Salary Slips and Employment Certificate.
• One guarantor from Pakistan (compulsory).

*Terms & Conditions Apply