Home loan

Learn how to benefit from the HBL home loan


The happiest day can be when you walk into your own home. It’s what everyone wants when they have a little extra cash. Habib Bank Limited (HBL) is one of the banks that offer loans for houses. People often ask which bank is the best for property finance in Pakistan.

How much home loan can the applicant get in Pakistan? What is HBL Islamic real estate financing? These are common questions people ask before getting finance for a house in Pakistan.

15 Tips to Benefit from Home Banking Loan Scheme in Pakistan

In this article, we will discuss financing a house in Pakistan. Many people do not know how to avail HBL bank loans for homes.

I will give you some tips on how you can easily get a loan for a house.

An HBL loan helps you turn your dream into reality by helping you buy your own home. It extends financing to the purchase of a home or even the purchase of land to build or renovate your home.

You will be required to pay interest and principal in installments over a specified period.

HBL home loan details

Here are the details of the HBL home loan to help you find loan formulas.

  • You can avail a loan to purchase residential property.
  • You can benefit from the offer of a loan to acquire land for the construction of a dwelling house.
  • The bank also grants home loans for renovation.

Another offer concerns the extension and financing of residential properties.

Other features include benefits, eligibility, and document requirement.

HBL offers loans at competitive interest rates. You will also have to pay the same interest rate to buy, build, renovate or expand your home.

Islamic bank

HBL offers a housing program under the Shariah-compliant guidelines of the Diminishing Musharakah mode of financing that gives you a convenient and affordable way to get your dream home.

Loan availability

The bank offers a loan for the purchase of a finished residential property, the construction of a house, including the purchase of land, renovation of a house/apartment or replacement (BTF) of an existing mortgage facility

Financing range

It offers different packages for home loans to customers.

The financing range varies from Rs 2,000,000 to Rs 75,000,000.

You can make monthly payments in equal amounts each month.

Customers can also make payments within three to twenty-five years.

It allows to finance up to 70% of the value of the property.


Salaries Individuals can also obtain home loans.

The applicant must be a citizen of Pakistan.

Applicant must be 25 or older at time of funding application and 60 or younger/retirement age, whichever is lower, at time of funding maturity.

His monthly income is expected to be Rs 50,000 to Rs 100,000.

Requirement for independent personal/professional businesses

Individuals and professionals must be citizens of Pakistan.

The applicant must be at least 30 years old at the time of the application and at least 65 years old at the time the funding matures.

They should have a monthly income of Rs 100,000 to 150,000.

Employed non-resident Pakistanis

  • The applicant must be a citizen of Pakistan.
  • Applicant must be 30 or older at time of funding application and 60 or younger/retirement age, whichever is lower, at time of funding maturity.

They must have a monthly income of Rs 400,000/- or more.

Application process

Salary individuals will need a copy of a valid CNIC/NICOP/SNIC.

The applicant will be required to submit two recent passport size photographs.

  • They must present an original salary certificate indicating the date of hiring and the scope of employment.

The bank will need three original/attested payslips from the last three pay periods

  • A bank account statement for the last twelve months, with salary credited.
  • Documentation demonstrating five years of work experience (business or profession)

Business staff/independent professionals

  • A copy of a valid CNIC/NICOP/SNIC.
  • Two recent passport size photographs
  • Documentation demonstrating five years of work experience (business or profession)
  • A bank certificate indicating the title, CNIC number, account number, date the account was opened, the business entity and the name of the authorized signatory.
  • Bank statement for the last 12 months

Employed non-resident Pakistanis

  • Only employees
  • Non-resident Pakistanis living only in GCC countries (UAE, Saudi Arabia, Qatar, Bahrain, Oman, Kuwait)
  • The applicant must be a citizen of Pakistan.
  • Applicant must be 30 or older at time of application for funding and 60 or younger/retirement age, whichever is greater, at time of funding maturity.
  • A monthly salary of at least Rs 400,000
  • A total of 5 years of work experience (permanent or contract), including at least 2 years with current employer.

HBL Home Loan Calculator

You check your eligibility criteria and amount limit using HBL Home Loan Calculator for better advice.

The applicant will have to submit the value of the property.

Check the HBL Home Loan Calculator

There are three options on a calculator: buy, build and renovate. You will need to submit the property value, tenure, and choose the option of salaried, self-employed, or businessman.

Mera Pakistan Mera Ghar Program

SBP’s Mera Pakistan Mera Ghar (MPMG) program aims to provide low- and middle-income families with affordable housing options, according to Governor of the State Bank of Pakistan, Dr. Reza Baqir.

On Saturday, he acknowledged the efforts of commercial banks to make the Mera Pakistan Mera Ghar project a success during a sensitization session held in Faisalabad to expand the reach of the scheme.

Citing statistics, he went on to say that commercial banks had so far approved Rs 157 billion under the MPMG and disbursed Rs 56 billion to applicants.

That mortgage financing has been largely ignored by banks has been lamented.

He praised the progress made by MPMG so far, saying the response has been very positive. He also hoped that the scheme would provide housing for every eligible Pakistani family member.

As long as the banks continue to operate with the same zeal, they will be able to accomplish this daunting task,” he said.

Baqir urged the Faisalabad business community, including members of the chamber of commerce and business groups, to encourage employees who do not own homes to apply for finance through the MPMG scheme, pledging banks and SBP its full support.

Mera Pakistan Mera Ghar Funding Facility

Furthermore, Baqir advised the banks to conduct targeted awareness campaigns in the premises of big business in Faisalabad and other cities and offer the MPMG finance facility to their employees.

He also urged banks to speed up the application process and mobilize more resources for the promotion of housing solutions, especially for people in the lower income brackets of the economy.

The banks have taken several steps to promote the MPMG program, including allocating 50% of their branches to facilitate financing under the program and developing an income assessment model to help applicants with informal incomes.

In addition, they have set up a joint call center to answer questions and concerns from potential customers.

Banks have also introduced electronic tracking systems for applicants to track the status of their applications and simplified loan application forms and relevant documentation requirements. They also did a lot of work to publicize the program through print and electronic media, as well as social media.

Since 2020, the SBP has taken several steps to support the provision of financial assistance to the housing and construction sector.

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