NBP Saibaan Home Finance

NBP Saibaan Home Finance offers housing finance solutions for Pakistani residents, including salaried individuals, self‑employed persons and business owners.

Suitable for:

• Pakistani nationals (salaried or self‑employed) who need finance to purchase, build, or improve a residential property.

Purpose / Eligible use:

• Purchase of an existing house or apartment.

• Construction of a new house.

• Purchase of land plus construction.

• Home improvement, renovation or extension (e.g., adding rooms, washrooms, kitchen upgrades).

Indicative financing limit:

• Up to PKR 35 million for home purchase, construction or land + construction (subject to NBP policy).

• Home improvement limit is lower and should be verified from NBP.

Tenor / Repayment:

• 3‑20 years for home purchase, construction or land + construction.

• 3‑15 years for home improvement finance.

Mark‑up / Profit rate:

• 1‑year KIBOR + 2 % for salaried individuals.

• 1‑year KIBOR + 3 % for self‑employed or business persons.

Security / Collateral:

• Mortgage or equitable mortgage on the property being financed.

• Equity contribution as per NBP policy (e.g., 15 % or 25 % depending on the loan amount).

Key eligibility conditions:

• Pakistani citizen with valid CNIC.

• Age typically between 20 and 60 years (salaried) or up to 70 years at loan maturity (self‑employed).

• Minimum net monthly income: about PKR 35,000 for salaried and PKR 150,000 for self‑employed / business owners (verify with NBP).

• Stable employment (minimum 1 year permanent job) or business track record (minimum 3 years).

• Satisfactory credit history and debt‑burden ratio as per NBP policy.

Required documents:

• Completed loan application form and product disclosure sheet.

• CNIC copies of applicant and co‑applicant, and recent passport‑size photographs.

• Income documents – salary slips or employer certificate and latest bank statements for salaried applicants; NTN, business registration documents and bank statements (last 12 months) for self‑employed / business owners.

• Property documents: title deed, sale agreement / allotment letter, approved building plan, and tax paid receipts.

• Proof of residence (utility bill), and additional documents as requested by NBP.

Official resource link:

• Please refer to NBP’s official Saibaan Home Finance page for detailed terms and updates:

  - https://www.nbp.com.pk/homefinance/nbp-saibaan.php

• Document checklist: NBP Saibaan Home Loan Required Documents (PDF).

Important note:

Financing amount, mark‑up rate, tenor, eligibility criteria and documentation requirements are subject to NBP’s current policy and may change. Applicants should verify details directly from NBP before applying.

Important note: Financing amount, mark-up rate, tenor, eligibility criteria and documentation requirements are subject to NBP’s current policy and may change. Always verify details directly from the official NBP Saibaan resources or branch before applying.