Mera Pakistan Mera Ghar

Build Your Dream House

UBL Ameen - Islamic Banking brings to you a cost-effective House Financing Scheme under the Shariah Compliant mode. Build your dream house in the land built on dreams, as we ascend hand-in-hand to a prosperous tomorrow.

The facility offers the following options to purchase your dream house:

UBL Ameen Mera Pakistan Mera Ghar – Buy Your Dream House:

This facility is meant for the purchase of constructed housing unit/apartment.

UBL Ameen Mera Pakistan Mera Ghar – Build Your Dream House:

This facility is for customers who already own or intend to buy/purchase a piece of land and need financing to meet the construction cost.

Eligibility Criteria

All Pakistani citizens holding valid CNIC
This scheme with subsidized rates is for first time home owner
An individual can avail this facility under the scheme only once
Purchase of Newly constructed affordable Housing Unit
Construction on already owned Land and purchase of Land and construction thereon

Product Features & Benefits

Description	Tier 1* (NAPHDA Projects)	Tier 2 (Non- NAPHDA Projects)	Tier 3 (Non- NAPHDA Projects)
Size of Housing Unit	(a) Housing unit/apartment/flat of upto 125 sq. yds (5 Marla) with maximum covered area of 850 sq. ft and (b) Flat/Apartment with maximum covered area of 850 sq. ft.	(a) Housing unit/apartment/flat of upto 125 sq. yds (5 Marla) and (b) Flat/Apartment with maximum covered area of 1250 sq. ft.	(a) Housing units of more than 125 square yards upto 250 sq. yds (10 Marla) or (b) Flat/Apartment with maximum covered area of 2,000 sq. ft.
Maximum Price of Housing Unit	Rs. 3.5 Million	No Cap	No Cap
Maximum Financing	Rs. 2.7 Million	Rs. 6.0 Million	Rs. 10 Million
Financing Tenor	Minimum 5 years and maximum 20 years financing Tenor, depending upon choice of customers

Description

Tier 1*
(NAPHDA Projects)

Tier 2
(Non- NAPHDA Projects)

Tier 3
(Non- NAPHDA Projects)

Size of Housing Unit

(a) Housing unit/apartment/flat of upto 125 sq. yds (5 Marla) with maximum covered area of 850 sq. ft and (b) Flat/Apartment with maximum covered area of 850 sq. ft.

(a) Housing unit/apartment/flat of upto 125 sq. yds (5 Marla) and (b) Flat/Apartment with maximum covered area of 1250 sq. ft.

(a) Housing units of more than 125 square yards upto 250 sq. yds (10 Marla) or (b) Flat/Apartment with maximum covered area of 2,000 sq. ft.

Maximum Price of Housing Unit

Rs. 3.5 Million

No Cap

Maximum Financing

Rs. 2.7 Million

Rs. 6.0 Million

Rs. 10 Million

Financing Tenor

Minimum 5 years and maximum 20 years financing Tenor, depending upon choice of customers

Subsidized Rental Rates

Tier 1* (NAPHDA Projects)	Tier 2 (Non- NAPHDA Projects)	Tier 3 (Non- NAPHDA Projects)
First 5 years = 3%	First 5 years = 5%	First 5 years = 7%
Next 5 years = 5%	Next 5 years = 7%	Next 5 years = 9%
For period exceeding 10 years = 1-year KIBOR+2.5%	For period exceeding 10 years = 1-year KIBOR+4%	For period exceeding 10 years = 1-year KIBOR+4%

Tier 1*
(NAPHDA Projects)

Tier 2
(Non- NAPHDA Projects)

Tier 3
(Non- NAPHDA Projects)

First 5 years = 3%

First 5 years = 5%

First 5 years = 7%

Next 5 years = 5%

Next 5 years = 7%

Next 5 years = 9%

For period exceeding 10 years = 1-year KIBOR+2.5%

For period exceeding 10 years = 1-year KIBOR+4%

Key Qualification Criteria

Description	Parameters
Age (Applicant & Co-applicant)	Minimum: 25 years Maximum: 60 years at time of maturity of financing.
Net Monthly Income	PKR 25,000 per month net disposable income
Co-Applicant	Up to 4 co-applicants allowed with 100% income clubbing of co-applicants
Financing Cities	All cities of Pakistan where United Bank Limited has it branch network
Employment / Business Tenor	Minimum 5 years
Security Requirement*	The housing unit / apartment financed will be mortgaged in favor of United Bank Limited (UBL Ameen) as per banks’ policy and SBP prudential regulations

Description

Parameters

Age (Applicant & Co-applicant)

Minimum: 25 years
Maximum: 60 years at time of maturity of financing.

Net Monthly Income

PKR 25,000 per month net disposable income

Co-Applicant

Up to 4 co-applicants allowed with 100% income clubbing of co-applicants

Financing Cities

All cities of Pakistan where United Bank Limited has it branch network

Employment / Business Tenor

Minimum 5 years

Security Requirement*

The housing unit / apartment financed will be mortgaged in favor of United Bank Limited (UBL Ameen) as per banks’ policy and SBP prudential regulations

Minimum Documentation

Facility Application Form
CNIC copy of the applicant / co-applicant
Proof of income documents
Copies of property documents / details of property

For more details, please call UBL Contact Center & Customer Care at 111-825-888 or visit your nearest UBL branch.