How to take a loan from Muslim Commercial Bank to build a house
MCB Bank provides home building loans to candidates with Pakistani nationality. All the terms and conditions for taking a loan from MCB Bank are as follows:
There are four types of loans that can be taken from MCB Bank
Celery Person
Professional
Pensioners
Who have lots of land from the government?
All Pakistanis can avail loans from MCB Bank through two schemes
Your Home Secure Life Scheme
My Pakistan My Home Scheme
Details of your home safe living scheme
Under this scheme, three types of people can build their house by taking a loan
Widow
Transgender
Special people
Family members and children affected by the terror
Even if you only want to buy a plot to build a house, you will get a loan and if you have a plot, you will only get a loan from a bank.
And if you want to buy a plot and build a house, you are still eligible for a loan
MCB Muslim Commercial Bank provides loans ranging from Rs. 200,000 to Rs.
The customer will repay the loan in monthly installments in one to twelve years
Markup 6% fixed markup will be required on loans of Rs 200000 - 3500000
Eligibility Criteria for Borrowing from a Muslim Commercial Bank
Salary person's monthly income should be up to 30,000
The monthly income of a self-employed businessman should be up to Rs 50,000
Age range from 25 to 70 years
A salaried person is eligible for a loan if he / she has been working continuously for two years
The businessman has been in business for three years and is eligible for a loan
One year bank statement will be required
What documents will be required to get a loan?
Application form
Copy of ID card
Two pictures
Income papers
Business proof
Property Papers
In addition, if the bank asks for any documents from the customer, they have to bring them
How to apply online and offline
Loans from Muslim Commercial Bank can be applied online and offline
Fill out and submit this form to apply online
https://www.mcb.com.pk/become_a_customer/home?section=hloan
And to apply offline, go to your nearest bank, fill out the form and submit
In case the loan is approved or canceled, the customer will be informed by the bank
Contact this number for more details
042-35987979
111-000-622
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