UBL Roshan Apna Ghar

Eligibility Criteria

ROSHAN APNA GHAR - WITHOUT LIEN
ROSHAN APNA GHAR - WITH LIEN

	Without lien
Citizenship	All non-resident RDA accountholders having valid NICOP
Product Category	Buy, Build, Renovate
Target Market	Salaried Individual Non-salaried individual
Income Criteria	There will be no minimum income criteria.
Co-applicant	Co-applicant is mandatory. Co-applicant will be an immediate family member like spouse, parents, adult siblings & children. At least one should be permanently living in Pakistan
Co-Borrower for income clubbing	100% Co-Borrower’s income will be clubbed in case of spouse. 75% Co-Borrower’s income will be clubbed in case of other than spouse. For the purpose of income clubbing, only a nonresident Pakistanis can be considered.
Maximum number of co-applicants	Four co-applicants are allowed
Age (Applicant & Coapplicant / co-borrower)	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. Non-salaried individual The age of applicant must not exceed 65 years. 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.
Financing Range (Buy, Build)	Minimum: Rs. 500,000/- Maximum :No Cap
Financing Range (Renovate only)	Minimum: Rs. 500,000/- Maximum: Rs. 10 million
Financing Tenure	3 to 25 Years
Payment frequency Option	EMI: Equal Monthly Installment
Debt to Equity Ratio (Buyer, Builder)	Maximum up to 85% of property value
Debt to Equity Ratio (Renovation only)	Up to 40 % of property value

	With lien
Citizenship	All non-resident RDA accountholders having valid NICOP
Product Category	Buy, Build, Renovate
Target Market	Salaried Individual Non-salaried individual
Income Criteria	There will be no minimum income criteria.
Co-applicant	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.
Co-Borrower for income clubbing	100% Co-borrower / Co-applicant income will be clubbed. For the purpose of income clubbing, only nonresident Pakistanis can be considered.
Maximum number of co-applicants	Four co-applicants are allowed
Age (Applicant & Coapplicant / co-borrower)	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. Non-salaried individual The age of applicant must not exceed 65 years. 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.
Financing Range (Buy, Build)	Minimum: Rs. 500,000/- Maximum :No Cap
Financing Range (Renovate only)	Minimum: Rs. 500,000/- Maximum: No Cap
Financing Tenure	3 to 25 Years
Payment frequency Option	EMI: Equal Monthly Installment
Debt to Equity Ratio (Buyer, Builder)	In case of Pak rupee: Maximum up to 99% of property value. In case of FYC: Maximum up to 99% of property value (however, lien equal to 105% of property value would be created on NPC/INPC/RDA Deposits to cater for foreign exchange rate volatility.
Debt to Equity Ratio (Renovation only)	Up to 40 % of property value