How to get Bank Financing (Home Loan) for Bahria Town Karachi


House” is made with bricks & mortar. Your family make it a “HOME”. Let Escorts Investment Bank Limited help you conveniently start the Journey towards your own Home.

You need your own home if:

  • You want to move out of joint family system due to space constraints
  • You have an expanding family
  • Your sons have reached the age of wedlock
  • You realize that rent is going to waste, month after month
  • You want to relocate
  • You need increased housing capacity

Owning or Building your home is getting out of common reach day by day – What do I do?

A home is caring and loving. Home is a place, you make memories. After building a family, building a house is the best investment in life.

Escorts Investment Bank Limited present & offer convenient and simple facilitation product of Housing Finance at Bahria Town Karachi. Escorts Investment Bank Limited expertise equips them to understand their customer’s need, offer advisory services in selecting a future home and structure a financial plan to work towards owning it.

Facilities:

  • Facilitate people realize their dreams
  • Educate and explain our financing terms for batter understanding
  • Provide Advisory services on structuring finance plan that suits your requirement
  • End to End support for convenience of finance
  • Finance Ownership or Construction of your 1st or subsequent Homes.

“Housing Finance” means Finance to a person for the purchase or construction of a house or an apartment; for purchase of land and construction thereupon; including the facilities availed for the purpose of making improvements in a house or an apartment.

Eligibility

  1. Pakistani Nationals with Valid National Identity Card(CNIC/SNIC/NICOP)
  2. Documented & verifiable Monthly Income sources
  3. Acceptable credit history of existing consumer finance facility
  4. Property use for  domestic & household purpose
  5. Installment affordability at our end
  6. Financing Presently allowed on residential property located in Karachi, Lahore, Islamabad & Rawalpindi

Eligibility Criteria

Eligibility Criteria
  Age (at the time of login)
  23 to 55 years (for salaried)
  23 to 57 years (for SEB/SEP/Others)
  Experience
  • Salaried (Local / Expat)
    • Permanent: Currently employed with total
      employment experience of at least 02 years.
    • Contractual: Currently employed with total employment experience of at least 02 years.
  • Professionals / Business Persons
    • Total Experience/Business tenure of at least 03 Years.
  • Others
    • Continuous verified income stream of 02 years.
  Minimum Monthly Income
  • Salaried Local
    • Rs. 120,000 (from all sources)
  • Salaried Expat
    • US $ 5,000 or SAR 25,000
  • Self-Employed Professionals / Self-Employed Business / Others
    • Rs. 150,000 (from all sources)
  Tenure
  • 3-20 Years (Based on maturity age i.e 60 years)
  Existing consumer credit facility
  • Not more than 50% of net income

Process

Sample Calculation


Comments (1)

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  1. M Asad says:

    Too expensive. Bank charges should be competitive with market. I don’t understand why sister concern organization charged so much rather than cheaper with other banks to promote society.Bank investment is more than 100 percent secure.

    Thanks

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