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Citizenship
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All non-resident RDA accountholders having valid NICOP
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Product Category
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Buy, Land + Construction, Build, Renovation
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Target Market
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Salaried Individual
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Non-salaried individual
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Income Criteria
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SAL & Self Employed Business /Self Employed Person: PKR. 75,000/-
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Co-applicant
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Co-applicant is not mandatory in this case,
however if opted it will be an immediate
family member like spouse, parents, adult
siblings & children. Further, applicant also has
an option of appointing a “nominee” to carry
out any assignment on his/her behalf having
no legal obligations on nominee.
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Co-Borrower for income
clubbing
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100% Co-borrower / Co-applicant income will be clubbed.
For the purpose of income clubbing, only nonresident Pakistanis can be considered.
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Maximum number of co-applicants
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Four co-applicants are allowed
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Age (Applicant & Coapplicant / co-borrower)
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Salaried Individual
The age of applicant must not exceed 60 years however, may be extended to 65 years provided
applicant justifies that he/ she can repay the loan even after retirement age.
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Non-salaried individual
The age of applicant must not exceed 65 years.
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In case income is not clubbed, there is no age restriction for co-borrower/co-applicant.
In case income is clubbed, same age criteria will be applicable as that of main applicant for Co-borrower / applicant.
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Financing Range (Buy,
Build)
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Minimum: Rs. 500,000/-
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Maximum :No Cap
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Financing Range
(Renovate only)
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Minimum: Rs. 500,000/-
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Maximum: No Cap
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Financing Tenure
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Payment frequency Option
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EMI: Equal Monthly Installment
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Debt to Equity Ratio
(Buyer, Builder)
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Max. up to 85% of property value.
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Debt to Equity Ratio
(Renovation only)
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Up to 30% of property value or PKR 10Mn only (whichever is lower)
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Property Insurance
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To be Borne by Bank
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