Turn your dreams into reality! FWBL empowers you to be a privileged house owner with FWBL Low-Cost Housing Finance.
PRODUCTS OFFERED TO:
- Widows
- Special persons holding CNIC with a disability logo or symbol (having physical disabilities)
- Transgenders
LOAN AMOUNT
Minimum: Rs. 500, 000/-
Maximum: Rs. 2,700,000/-
LOAN TENURE
Minimum: 2 years
Maximum: 12 years with maximum 6 months grace period
MARKUP
Fixed 5% for tenure
PROPERTY VALUE
Financing to be allowed only for the property valued up to Rs. 3 Million
EQUITY
The debt-to Equity ratio would be 90:10 (maximum)
REPAYMENT
Equal Monthly Installment (EMI) will be due on the 1st of each month
with a 10-day grace period
FINANCING OPTION
FWBL Low-Cost Housing Finance will offer the following
financing options to its customers:
- Home Construction (Residential Land + Construction)
DOCUMENTATION
SALARIED INDIVIDUALS TO PROVIDE
- A valid CNIC
- Clean credit history
- Two recent passport-size photographs
- Salary Slips of attested salary certificates for the last three months
- Bank statement for 6 months
- Copy of property documents
SELF-EMPLOYED ENTREPRENEURS OR PROFESSIONALS TO PROVIDE
- A valid CNIC
- Clean credit history
- Two recent passport-size photographs
- Proof of occupation or business
- Bank statement for the last 12 months
- NTN/Tax returns
- Copy of property document
HOW TO APPLY
Visit any nearby branch and apply.
* Terms and Conditions apply
* Terms and Conditions apply
ELIGIBILITY CRITERIA
-
Applicant/Co-applicant must be a Salaried person (Govt /Semi-Govt/ Autonomous Bodies/ Multi-national Companies,
pensioner widows) or Self-employed businessperson/ Professional.
- The applicant must be a Pakistani national.
- The applicant must not own any residential housing unit/flat, or apartment.
- The applicant should not have previously availed of any housing finance facility from any bank or DFI.
- The applicant must be a permanent employee with a minimum of 3 years of continuous employment.
- The monthly income of the borrower or co-borrower should not be less than Rs. 25,000.
Age Requirement (Salaried Individuals)
- Minimum age: 23 years.
- Maximum age: 60 years old or retirement age (whichever comes first at the time of loan maturity). For pensioners and widows, 65 years at loan maturity.
Age Requirement (Self-employed business persons or professionals)
- The minimum age requirement is 21 years or more at the time of loan application and 65 years at loan maturity.
Your monthly
installments will be just
installments will be just
PKR
500000
Pricing (%)
