Al Baraka Housing Finance
 

Eligibility criteria (Income, age etc)

Applicant should be Pakistani National with at least 25 years of age at the time of start of financing while at the time of maturity the age of the customer should not be beyond 60 years.

Below is a general eligibility criteria for the scheme:

For salaried person

  • Applicant must be confirmed employee with a minimum two years service with the existing employer
  • Verifiable annual income should be Rs. 240,000
  • Applicant’s 40% take home salary shall cover the monthly installment of the facility

Self-employed / Businessmen

  • Verifiable annual income should be Rs. 400,000
  • Applicant’s 40% monthly income shall cover the monthly installment of the facility
 
 
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