You can opt to avail a Housing Finance facility in Pakistan for the following purposes:
- Purchase of Constructed House / Apartment
- Home Renovation
- Purchase of Plot including construction of home
Samba Bank provides you with the option to;
- Select a property from list of Approved Builders / Developers
- Select a property from properties other than of Approved Projects
- Apply for loan financing and provide property details afterwards
You may also self-finance by investing in Real-Estate using your Roshan Digital Account.
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Segment / Pricing Type
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Fixed Rate
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Floating Rate
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|
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1st 5 years
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Repricing after 5 years
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1st 5 years
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Repricing after 5 years
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Lien-Based
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5 Year PKRV only
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5 Year PKRV
or
1-Y KIBOR p.a.
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1-Y KIBOR only
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1-Y KIBOR only
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Non-Lien Based
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5 Year PKRV + 1.50%
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5 Year PKRV + 1.50%
or
1-Y KIBOR + 1.50% p.a.
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1-Y KIBOR + 1.5%
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1-Y KIBOR + 1.5%
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* KIBOR denotes Karachi Interbank Offer Rate
1Y-KIBOR denotes 12 month Karachi Interbank Offer Rate
PKRV denotes Pakistan Revaluation Rate
Pricing for Fixed Rate may be revaluated subject to change in the policy rate as announced by SBP
Note:
- Applicants availing Fixed Rate financing will have the option of both variable and fixed rate on completion of 5 years fixed rate term.
You are eligible to apply for Roshan Apna Ghar facility based on the following:
- All Roshan Digital Accountholder with Samba Bank Limited with valid NICOP / POC
- Co-applicant / Nominee residing in Karachi, Lahore, Faisalabad and Islamabad (or nearby cities)
- In case of Co-borrower:
- Should be a Non-Resident Pakistani being a Roshan Digital Account holder with Samba Bank
- Option only available for the purpose of income clubbing
- Option available for both Lien-Based and Non-Lien Based Financing
- Up to 4 co-borrowers allowed
- In case of Co-Applicant:
- Can only be a Resident Pakistani
- Requirement of Co-Applicant is mandatory for Non-Lien Based Financing, however it is optional for Lien-Based Financing
- Co-Applicant can only be an eligible family member, which include spouse, parents, siblings and children
- Only ONE co-applicant is allowed
- In case of Nominee:
- Can only be a Resident Pakistani
- Option only available for Lien Based Financing or Payment by Self
- Applicant may appoint any individual as a ‘Nominee ’to carry out assignments on his behalf (which include family members, friends, lawyers, agency, etc)
- Only ONE nominee is allowed
- Age (Applicant and co-Applicant):
- Salaried: 20 to 60 years (it may be extended to 65 years based on provided applicant justifies that he / she can make payments even after retirement age only for lien customer)
- Self Employed: 20 to 65 years
- Employment / Business Tenure:
- Lien Based Application: Minimum overall employment / Business tenure will be one year
- Non-Lien Based Application: Minimum overall employment / Business tenure will be two years
The process is extremely simple and explained below for ease of reference:
- Submit your Digital Roshan Apna Ghar Application along with uploading your supporting documents.
- Upon successful submission, you will receive a confirmatory message on your registered email address.
- We will contact you and your nominee for brief introduction and validation of the information provided by you in the Roshan Apna Ghar Loan Form.
Information and documents provided by you while opening your Roshan Digital Account would be assessed for processing of your Roshan Apna Ghar loan. If required, we may request you to provide other updated supporting documents.
Processing fee: PKR 4,000/- FED
Legal Report Charges: At Actual / Varies from Province to Province (Depending upon the Investment Amount)
Property Valuation: At Actual / Varies from Province to Province (Depending upon the Investment Amount)
Courier Charges: At Actual / The bank may recover courier charges from the RDA for the physical dispatch
Above mentioned charges are exclusive of Legal Agreement Charges and will be obtained at actual at the time of solicitation according to the financing amount. All government charges will be applicable as per law
For assistance towards the selection of property and loan installment plan, please click here.
While you can invest in any property but Samba Bank Limited, in order to facilitate you has an agreement with the below Approved Builder:
Builder / Developer Enlistment Criteria summary with Samba Bank
- Clearance from Bank’s Legal Counsel
- Bank Credit lines with good repayment history
- Financial Assessment of the Project’s Sponsor
- Project’s Financial Assessment
- Market Standing
If you want to become an approved dealer / developer of Samba Bank, please contact us at +92-21-38246128
Disclaimer
The projects for financing mentioned on Bank’s website are for reference and information only and Samba Bank Limited does not assume and bear any responsibility for delay, errors or omissions in the contents on the Services by the builders or owners of the projects.
This website is provided “as is” without any representations or warranties, express or implied and Samba Bank Limited makes no representations or warranties in relation to this list of contractors about their experience provided on this website.
Limitations of Liability
Samba Bank Limited will not be liable to you (whether under the law of contract, the law of torts or otherwise) in relation to the contents of, or use of, or otherwise in connection with, this website:
- To the extent that the website is provided list of contractors, for any direct loss;
- For any indirect, special or consequential loss; or
- For any business losses, loss of revenue, income, profits or anticipated savings, loss of contracts or business relationships, loss of reputation or goodwill, or loss or corruption of information or data.
In no event shall Samba Bank Limited be liable for any special, direct, indirect, consequential, or incidental damages or any damages whatsoever, whether in an action of contract, negligence or other tort, arising out of or in connection with the use of the Services of Contractor(s). Samba Bank Limited reserves the right to make additions, deletions, or modification to the contents on the website at any time without prior notice.
Unenforceable Provisions
If any provision of this website disclaimer is, or is found to be, unenforceable under applicable law, that will not affect the enforceability of the other provisions of this website disclaimer.
Affiliate Disclaimer
This affiliate disclosure clearly informed you that Samba Bank Limited have No relationships directly or indirectly with Contractors.
Have Questions? Click here to view FAQs
Muhammad Danish
Regional Sales Manager – Secured
(South)
Muhammad.danish@samba.com.pk
021-38246451
Sheikh Rashid Mahmood
Regional Sales Manager – Secured
(Central)
Sheikh.mahmood@samba.com.pk
042-38109155
Amjad Matloob
Regional Sales Manager
(North)
amjad.matloob@samba.com.pk
051- 8101685
Also, our Customer Care team is dedicated to making sure that all your suggestions, complaints and any transaction issues are addressed and resolved promptly.
You can contact us at +92 21 11 11 SAMBA (72622) or email us at samba.care@samba.com.pk
