Government Markup Subsidy Scheme – Housing Finance

Ghar Apna - Markup Subsidy Facility (Home Loan) offers affordable and convenient options to fulfill your dream to buy (of ready property) or buy and construct on a plot, housing unit with JS Bank by your side.

Product Features & Benefits

Naya Pakistan Housing & Development Authority (NAPHDA)

Basic Eligibility Criteria

All Pakistani nationals holding CNIC or NICOP

First time home owner, one unit per household

An individual can have subsidized housing finance facility under this scheme only once

Only for purchase (of ready property) or purchase and construction on plot plus housing unit

NAPHDA Projects: Trust will be responsible for the title documents.
Non -NAPHDA Projects: As per Banks’ credit policy and prudential regulations for
housing finance, the financed housing unit will be mortgaged in favor of the financing
bank.

Processing Charges

Parameters	Salaried	Businessmen
Processing Charges	PKR 15,000	PKR 15,000
TFED on Processing [email protected] 16%**	PKR 2,240	PKR 2,240
Legal Report Charges	At Actual	At Actual
Property Valuation Charges	At Actual	At Actual
Income Estimation Charges	N/A	At Actual

Key Qualification Criteria

Parameters	Details
Allowable Financing Limit	All cities of Pakistan where JS Bank has it branch network
Age of Applicant / Co-applicant	Minimum Age 25 Years Maximum Age 60 or retirement age as per the employer – at financing maturity
Monthly Income	Minimum PKR 25,000 per month net disposable income
Business Tenor	5 years
Co-applicant Income Clubbing	100% Clubbed (upto 04 co-applicants are allowed for income clubbing)
Debt Burden Ratio (Payment Burden Ratio for Islamic)	Maximum upto 45%