House Finance - Hamara Apna Ghar
|
|
A BOP House Loan is a long term finance facility for
- Purchase of House/Flat
- Construction of house on self-owned plot
- Purchase of plot & construction thereon
- Renovation/Home improvement provided for personal use only
|
|
Yes, if you are Self-Employed Businessman, Self-Employed Professionals & Salaried Individuals and maintaining salary/business account with any bank.
|
|
Minimum Rs.300,000/- Maximum Rs.25.0 Million for Purchase of House/Flat & Construction
Minimum Rs. 200,000/- Maximum Rs. 10.0 Million for Renovation/Home Improvement
Monthly Installment(s) should not exceed 50% of disposable income
|
Minimum: 03year
Maximum: 025 years
|
|
1/2/3 Years ask side KIBOR+ 375 bps with floor of 17%p.a. (KIBOR of respective tenure of 1,2 &3 years shall be used)
|
- Processing Charges(Non-Refundable)
Above Rs. 2.0 M to Rs. 4.0 M - Rs. 6,500/-
Above Rs.4.0 M to Rs. 10.0 M - Rs. 10,000/-
Above Rs.10.0 M to Rs. 20.0 M - Rs. 15,000/-
Above Rs. 20.0 M- Rs. 20,000/-
- E-CIB Charges=At actual (Upfront/Non-Refundable)
- Verification fee upfront= 1,000/- (Upfront/Non-Refundable)
- Documentation Charges = Actual
- Property Insurance and Life Assurance = At actual
- Pre-payment / pre-partial payment Penalty = 3% if paid within 03 years, otherwise No pre-payment penalty on early adjustment
- Penalty on BTF – 3% penalty on Principal outstanding
- Late Payment Penalties
a) Principal Amount upto Rs. 2.5M Additional Mark-up @ 1% + Rs. 500/- per Installment
b) Principal Amount above Rs.2.5 M to Rs. 5 M. Additional Mark-up @ 1% + Rs. 1000/- per Installment
C) Principal Amount above Rs. 5M Additional Mark-up @ 1% + Rs. 1500/- per installment
|
- Age between 25 and 59 Years or retirement date; whichever is earlier
- Permanent Employee with Minimum 03 Years of job Experience including 01 year with current employer.
- Age between 25 and 59 Years for Self Employed Businessmen/Professional
- Minimum 03 Years in current business.
- Maintaining Salary/ Business Account in any bank.
- Have valid CNIC
|
- Copy of valid CNIC
- Two Recent Photographs
- 01 year Bank Statement for SEB/SEP and 06 Months Bank Statement for Salaried Persons.
- Latest Copy of utility bills (Electricity & phone)
- Income Tax Return/Wealth Statement OR Non-Tax Payees Form, if applicant is a non-tax payer
- Documentary evidence in business or in the profession for the last 05 years
- Copy of professional degree for self-employed professionals
- Proprietorship Certificate/Partnership Deed in case of Self Employed Businessmen.
|
- Download application form ==> Attach required Documents & send to nearest Consumer Financing Centre (CFC)
OR
- Contact our nearest Consumer Financing Center (CFC)
OR
- Email your contact number at rfd@bop.com.pk
|
And our consumer team will contact you to complete your application