Posted by Bank Alfalah Home Loan
Bank Alfalah Home Loan Program is available to help you make your ideal home a reality. This Program offers swift and convenient solutions for meeting domestic Financial problems, purchasing a house or apartment, and acquiring land to construct your dream home. Their program facilitates easy and affordable monthly installments, making the homebuying process seamless and easily accessible.
Bank Alfalah Home Loan New Update 2024
You place a high value on your property, so Bank Alfalah provides you with a special selection of financing options that are suited to your requirements. You can now use our quick and easy procedures to obtain your home loan, regardless of whether you are an expat or a resident of Pakistan. Although saving for your first house can be difficult, we are here to help you with your financial issues. Offers affordable rates and customized services.
You can take advantage of end-to-end, individualized advising and processing services with Alfalah Ghar Assan at any point of your home buying or other journey.
Two distinct facilities are Offered by Alfalah Ghar Asan:
- Alfalah Ghar Asaan – Home Buy: This facility is intended for the purchase of an apartment or house that has already been built.
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Alfalah Ghar Asaan – Build a Home:
This Facility is designed here to Extended to customers who either already have a residential plot or plan to acquire one with subsequent construction of a house.
Eligibility Criteria Bank Alfalah Home Loan
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Nationality
It is Open to all Pakistani citizens holding valid CNIC / NICOP / SNIC.
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First Time HomeBuyers
- This subsidized scheme is specifically tailored for first-time home buyers.
- This Opportunity is available for new Customers.
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Availability Chance
A single use of the facility under the scheme is permitted for applicants.
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Only For Home Project
Only applicable to the first construction and acquisition of freshly built affordable housing units.
Documents Required For Bank Alfalah Home Loan
- Facility Application Form
- CNIC copy of the applicant / co-applicant
- Proof of income documents
- Copies of property documents/details of property
Pricing
Pricing is as follows: 2% for the first five years, 4% for the following five, 5% for the eleventh and fifteenth years, and beyond fifteen years, 1-year KIBOR + 2.5%. You may find additional details regarding the pricing structure here.
Allied Bank Home Loan Program
You can download Allied Bank application form here.