JS Roshan Apna Ghar FAQS

JS Bank offers wide range of products including:

• Home buyer- you can buy an apartment/ house
• Home build- construct on already owned plot (self- spouse)
• Plot purchase and construct on it
• Home Renovation
• JS – MPMG (Govt. Markup Subsidy Scheme for Housing Finance)

We finance to:

• Salaried individuals
• Self-employed professionals
• Businessperson

• Lien based Product: not required as the property can be transferred in his/her name ex-parte subject to respective; his/her nominee can witness the transaction to ensure that the sale deed is duly executed/registered in his/her name.
• Non –lien Product: either physical presence or PA is required to collect the title documents and to create a charge in favor of the Bank.
• Outright Purchase: Physical presence or PA not required as the property can be transferred in his/her name ex-parte subject to respective authority’s discretion; his/her nominee can witness the transaction to ensure that the sale deed is duly executed/registered in his/her name.

• We provide multiple financing options i.e. Home/apartment purchase, home construction on own plot, plot purchase + construction, and home renovation.
• We provide an end-to-end advisory services
• Our policy is to secure your investment by providing mandatory Life and Property Insurance at economical rates
• Your property Title Documents are thoroughly examined by our legal experts, to ensure any possible future issues regarding legal deficiency in the property/security.

Special power of attorney can be given by the owner (s) of the property to execute sale-purchase transaction, retrieval of tile and ancillary documents from concerned authority / society, submission of documents to banks, execution of mortgage deed and charge creation documents. The template of power of attorney will vary for different societies /authorities and will be executed accordingly.

• The special power of attorney should be properly filled along with required copies of CNIC/NICOP etc.
• The owner (s) will execute the special power of attorney in the office of embassy / consulate office of Pakistan in his/her country of residence.
• The embassy / Consulate office will attest the signature of executant along with witness of documents
• The identification copies of witnesses
• Duly attested power of attorney will be sent to attorney-holder to Pakistan for its execution.
• The power of attorney will be verified by Ministry of Foreign Affairs office in Pakistan with applicable fee
• The power of attorney will be registered in the office of sub-registrar (where required)

Note: The customer (s) / owner (s) need (s) to be physically available in Pakistan in case respective authority does not entertain power of attorney.

In case of self-financing or lien-based financing, where mortgage of property is not required, the customer shall provide a copy of the title deed in his/her name for Bank’s record.