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 (6)

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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

  2. Atiq Iqbal says:

    Hi brother can you tell me about Behria town Escort Bank (Overseas Pakistani) house finance Loan procedure with terms and condition with all documentations.

    Regards Atiq Iqbal

  3. M. Amir Chughtai says:

    can we purchase a plot and execute its construction through escort bank financing. what is the maximum financing available for Rs120.000 salaried income provided not other bank financing is being utilized….

  4. KHALID HUSSAIN says:

    Can I purchase home 200 sq yard from seller by payment Rs 1.00 Million in Cash and balance Rs 5.00 Million by your Bank as loan to me being 58 years Govt Officer, salary take home about Rs 120,000/ p.m by mortgaging to said house in Bank up till repayments within three years from end of service benefits & Misc receivables please.

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