Skip to main content

GMSS/MPMG

Product Features

Product Features

Product Features

Product Features

Pricing – Interest Rate

Tier 1 (NAPHDA)

Tier 2

Tier 3

First 5 years = 2%

First 5 years = 5%

First 5 years = 7%

Next 5 years = 4%

From 10th year to 15th year = 5%

Next 5 years = 7%

Next 5 years = 9%

For period exceeding 15 years = 1-year KIBOR+2.5%

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

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

Loan Amount

Maximum PKR 2.7 million

Maximum PKR 6.0 million

Maximum PKR 10 million

Property Value

PKR 3.5 million

NO CAP

NO CAP

Loan to Value – LTV

Maximum up to 90%

Maximum up to 85%

Maximum up to 85%

Covered Area

Housing unit of up to 125 sq. yds (up to 5 Marla) apartment / flat with covered area of up to 850 sq. ft.

Housing unit of up to 125 sq. yds (5 Marla)  apartment / flat  with covered area of up to 1250 sq. ft.

Housing unit up to 250 sq. yds (10 Marla) Apartments/ flats with covered area up to 2000 sq. ft.

- Purchase of a Complete Residential Property .

- Purchase of Plot and construction .

- All Citizens Holding Valid CNIC.

Age

25 to 60 years

Debt Burden Ratio (DBR)

45%

Monthly Income

For individual:

– PKR 25,000 to no maximum cap

For Household :

– PKR 25,000 to no maximum cap 

Salaried

Business

      - Clear CNIC copy of Applicant & Co-Applicant

      - Proprietorship Letter/Account Certificate Mentioning Name, CNIC#,          Date 0f Ac Opening

      - Two fresh Passport size Recent Photographs

      - Last Two year income Tax returns with NBP Receipts & NTN                     Certificate

      - Current paid Utility bills (Home & Office)

      - Partnership Deed (In case of partner)

      - Last 6 months salary slips Original or attested by HRD

      - Professional Degree (For Self Employed Professionals only)

      - Salary Certificate Mentioning Name, CNIC #, Date of joining               Permanent job Status & Gross Salary

      - Article of Memorandum, Form A & Form-29 (last 3 years) SECP                Attested (Incase Pvt Ltd)

      - Last 12 Month Bank Statement (Up to Date)

      - JS BANK Application form, CF 1 Undertaking duly signed and                  summary Box


- Processing Fee Rs.15,000 +FED .

- Valuation charges Rs.3500 Pay Order in favor of.

- Legal charges Rs.3,500 Pay Order in favor of vendor.

- GC charges Rs.1,500 or 2,500 Pay Order in favor of vendor.

- Income Estimation Charges Rs.4,000 or 5,000 (If customer go through on I.E).

- Stamping Charges Depending on the finance value.

- Mortgage Deed Charges at Actual.