JS Bank also provides house finance under SBP’s Government Markup Subsidy Scheme for first time homeowners for purchase of a newly built complete residential property (Apartment /Flat/ House) & construction on already owned plot or for purchase of plot & construction thereon.
|Markup||Tier 1||Tier 2||Tier 3|
|11-15 Years||5%||1-year KIBOR+4%||1-year KIBOR+4%|
|16-20 Years||1-year KIBOR+2.5%||1-year KIBOR+4%||1-year KIBOR+4%|
|Monthly Income (Net Disposable Income)|
|Individuals & Household||Rs. 25,000 minimum p.m.|
|Age: Salaried Person||Min 25 to 60 years at maturity|
|Employment Experience||Min 5 years required (Overall Service length and not specific to 1 employer)|