HOME-LOAN HBL

HBL HomeLoan offers financing options to purchase a new house or renovate an existing house. For details regarding available financing options, call HBL PhoneBanking at 111-111-425 or contact your nearest HBL branch.

Outright Purchase   Home Improvement The outright purchase loan option provides financing for buying a new house.   Home-improvement loan option provides financing for renovating your house.   Outright Purchase Descriptors Home Improvement/ Renovation 3 years to 20 years Loan tenure 3 years to 20 years Rs. 300,000 – Rs. 15,000,000 Loan amount Rs. 300,000 - Rs. 5,000,000 85% Maximum financing amount (as % of appraised value of the property) 70% 5 years Property lease (years remaining at the time of loan maturity) 5 years Borne by the Bank Property insurance Borne by the Bank Primary applicant and co-borrower Life insurance (through HBL by the insurance company on HBL�s panel) Primary applicant and co-borrower

Eligibility Criteria

Salaried Individuals Self-Employed Business Persons/ Professionals Nationality Pakistani (resident) Pakistani (resident) Age criteria of the main applicant and co-borrower whose income is being clubbed (spouse only) Permanent employees Minimum age at the time of loan application should be 21 years. Maximum age at the time of loan maturity should be 60 years. Contractual employees Minimum age at the time of loan application should be 21 years. Maximum age at the time of loan maturity should be 55 years Minimum age at the time of loan application should be 21 years. Maximum age at the time of loan maturity should be 65 years. Length of Employment Permanent employees Minimum 1 year experience; 6 months experience with confirmed employment status in the current job. Contractual employees Minimum 2 years work experience. Third party contractual not eligible. Minimum 2 years experience in personal business Documentation Salaried Individuals Self-Employed Business Persons/ Professionals CNIC copy 2 passport size photographs Letter from employer 2 latest salary slips or salary certificate Bank statement for last 6 months and bank letter confirming details of account Copies of property documents CNIC copy 2 passport size photographs Proprietorship: Bank Certificate / Latest Tax Assessment Order Latest one year bank statement Partnership Deed Registered Form C Memorandum, Article of association and registered Form 29 A (applies to company directors) Copies of property documents Schedule of Bank Charges Application processing charges (including 16% FED) Rs. 7,000/- (non-refundable) Early settlement charges 4.7% of outstanding principal Partial payment charges 4.7% of adjusted principal Late payment charges Rs. 700 (for each late payment) Property evaluation fee Actual cost plus 16% FED to be recovered Legal fee Actual cost plus 16% FED to be recovered

The charges stated above are subject to change considering the market dynamics and maybe revised from time to time.FAQS ARE: HBL HomeLoan offers financing options to purchase a new house or renovate an existing house. For details regarding available financing options, call HBL PhoneBanking at 111-111-425 or contact your nearest HBL branch.   Outright Purchase   Home Improvement The outright purchase loan option provides financing for buying a new house.   Home-improvement loan option provides financing for renovating your house.   Outright Purchase Descriptors Home Improvement/ Renovation 3 years to 20 years Loan tenure 3 years to 20 years Rs. 300,000 – Rs. 15,000,000 Loan amount Rs. 300,000 - Rs. 5,000,000 85% Maximum financing amount (as % of appraised value of the property) 70% 5 years Property lease (years remaining at the time of loan maturity) 5 years Borne by the Bank Property insurance Borne by the Bank Primary applicant and co-borrower Life insurance (through HBL by the insurance company on HBL�s panel) Primary applicant and co-borrower   Eligibility Criteria Salaried Individuals Self-Employed Business Persons/ Professionals Nationality Pakistani (resident) Pakistani (resident) Age criteria of the main applicant and co-borrower whose income is being clubbed (spouse only) Permanent employees Minimum age at the time of loan application should be 21 years. Maximum age at the time of loan maturity should be 60 years. Contractual employees Minimum age at the time of loan application should be 21 years. Maximum age at the time of loan maturity should be 55 years Minimum age at the time of loan application should be 21 years. Maximum age at the time of loan maturity should be 65 years. Length of Employment Permanent employees Minimum 1 year experience; 6 months experience with confirmed employment status in the current job. Contractual employees Minimum 2 years work experience. Third party contractual not eligible. Minimum 2 years experience in personal business Documentation Salaried Individuals Self-Employed Business Persons/ Professionals CNIC copy 2 passport size photographs Letter from employer 2 latest salary slips or salary certificate Bank statement for last 6 months and bank letter confirming details of account Copies of property documents CNIC copy 2 passport size photographs Proprietorship: Bank Certificate / Latest Tax Assessment Order Latest one year bank statement Partnership Deed Registered Form C Memorandum, Article of association and registered Form 29 A (applies to company directors) Copies of property documents Schedule of Bank Charges Application processing charges (including 16% FED) Rs. 7,000/- (non-refundable) Early settlement charges 4.7% of outstanding principal Partial payment charges 4.7% of adjusted principal Late payment charges Rs. 700 (for each late payment) Property evaluation fee Actual cost plus 16% FED to be recovered Legal fee Actual cost plus 16% FED to be recovered The charges stated above are subject to change considering the market dynamics and maybe revised from time to