Albait Home Finance = Take a loan from Albarka Bank to build or buy a house

Al-Barka Bank in Pakistan through Al-Bayt Home Finance Scheme all over Pakistan

Provides loans All Pakistanis can take loans to build or buy a house

This offer is for all men and women who do business or work over the age of 18.

Al-Barka Bank provides loans for four projects to build a house

Number one

Loans to buy a home

Number two

Loans for plot and house construction

Number three

Home loan only

Number four

Loans to upgrade or beautify your home

Remember

Al-Barka Bank lends according to Islamic principles, which does not include interest. You will have to repay the same amount of money as you take.

Eligibility Criteria for Borrowing under Albat Home Finance Scheme

The monthly salary of a job candidate is 50 thousand

The monthly salary of a businessman should be 80,000

Candidate must have ID card

Government employees and private employees and small businesses are all eligible

Loan details

A minimum loan of Rs. 3 lakhs can be obtained and a maximum loan of Rs. 3.5 crore will be available.

Remember

The bank will provide 80% of the total loan amount and the candidate will invest 20% in case of down payment.

For example

If a man demands Rs 10 million from a bank to build a house, then the bank will give Rs 80 lakh to the candidate in the form of a loan.

And the remaining 2 million candidates will field themselves

The loan will have to be repaid in monthly installments over a period of 20 years

The candidate has the option to keep the down payment of more than 20% up to 70% at will

Candidates applying for the loan can apply by visiting any branch of Al-Barka Bank near them for more details.

Call this number

111-113-442