Value Added Services > Roshan Apna Ghar
Living and working outside Pakistan is no more a limitation in financing your house in the homeland. MCB Bank is now facilitating non-Resident Pakistanis to purchase their own home in Pakistan.
The loan is being offered at very competitive markup rates and a discounted pre-payment charges; should you decide to unwind your loan. A broad financing range of PKR 50 million (and higher) can also be applied.
For more details, please click on the following icons.
Eligibility Criteria:
General Criteria:
- All non-resident RDA accountholder having valid NICOP / POC
- Salaried (Permanent/Contractual) and Non-Salaried individuals
- Age requirement; for Salaried 20- 60 years and Non-Salaried: 20-65 years
- Income criteria; 50% of net disposable income
Financing with Lien:
- Lien against Roshan Digital Account balance and Naya Pakistan Certificate
- Lien marking up to the extent of finance amount
- Minimum one year overall employment / business length
- Financing tenure from 3 to 25 years
- Minimum financing PKR 0.5 million and no upper cap for renovation and building/purchasing a new house
- Co applicant is optional at the discretion of applicant however applicant must nominate a person i.e. Nominee in the absence of co-applicant who can be lawyer, a relative, or a friend to facilitate the transaction in Pakistan
Financing without Lien:
- Minimum overall employment / business tenure will be two years
- Financing tenure from 3 to 25 years
- Minimum financing PKR 0.5 million up to PKR 10 million for renovation and no upper cap for building/purchasing a new house
- Co-applicant is mandatory and can be any one of the immediate family members including spouse, parents, adult siblings & children living in Pakistan
Government Markup Subsidy Scheme (GMSS):
- Currently not a house owner
- Facility can be availed one time only
- Financing tenure from 5 to 20 years
- Minimum overall employment / business tenure will be two years
- Financing up to PKR 10 million (conditions apply)
Salaried Individual:
- Copy of Co-Applicant's CNIC/ NICOP
- Passport-sized colored photographs of applicant and co-applicant(s) each
- Employer's certificate including tenor/designation/renumeration details
- Employment Contract (if applicable)
- Last three-month salary slip
- Bank Statement - last 12 months (Original OR duly attested by the bank with stamp / notary public) through embassy
- Copies/ details of any financing facility being availed in the country of employment or in Pakistan
- Copies of last 2 years tax documents where applicable
- Credit Bureau Report of stay country
Non-Salaried Individual:
- Copy of Co-Applicant's CNIC/ NICOP
- Passport-sized colored photographs of applicant and co-applicant(s) each
- Valid Business Proof
- Bank Statement - last 12 months (Original OR duly attested by the bank with stamp / notary public) through embassy
- Copies/ details of any financing facility being availed in the country of employment or in Pakistan
- Copies of last 2 years tax documents where applicable
- Credit Bureau Report of stay country
Pricing:
Following pricing will be will be applicable for variants other than GMSS
Variable Rate
- Without-Lien 1-year KIBOR + 1.5%
- With-Lien 1-year KIBOR Only
Fixed rate (5- Years) (where applicable)
- Without-Lien 5yr PKRV + 1.50%
- With-Lien 5yr PKRV Only
Note:
- I. For fixed rate regime, customer will have an option to choose either to
- a. Continue on Fixed rate offer by the participating bank at the time of repricing
- OR
- b. To opt for a variable pricing/rates will be applicable after 5th / certain year.
- II. Pricing will be reevaluated after One year or any change in discount rate announced by SBP. However, for existing customers, any change is pricing will be applicable or will take effect at their respective anniversary / re-pricing
- III. The KIBOR shall be applicable on the first business day of the month of disbursement and facility would be re-priced accordingly on anniversary.
Pricing:
Following pricing will be applicable for variants other than Government Markup Subsidy Scheme (GMSS)
Variable Rate
- Non-Lien 1-year KIBOR + 1.5%
- Lien 1-year KIBOR + 0.5%
Fixed rate (5- Years) (where applicable)
- Non-Lien 5yr PKRV + 2.00% (11.5%)
- Lien 5yr PKRV + 1.00% (10.5%)
Note:
- i. For fixed rate regime, customer will have an option to choose either to
- a. Continue on Fixed rate offer by the participating bank at the time of repricing
- OR
- b. To opt for a variable pricing/rates will be applicable after 5th year.
- ii. Pricing will be reevaluated after every six months or any change in discount rate announced by SBP.
Frequently Asked Questions (FAQs):
A: All non-resident RDA accountholder (Salaried/Non-Salaried) having valid NICOP / POC.
A: Age requirement for Salaried is between 20- 60 years and for Non-Salaried is between 20-65 years.
A: There will be no minimum income criteria however for non-lien based variant, maximum 50% DBR will be kept while underwriting credit facility.
A: Total employment length required for with Lien and Without Lien is one year and two years respectively.
A: Applicants may apply for minimum 3 years and maximum upto 25 years (depending on the choice of customer).
A: Co-applicant can be an immediate family member like spouse, parents, adult siblings & children. At least one should be permanently living in Pakistan
A: Requirement of co-applicant will be considered as follows
Financing with Lien:
- Co applicant is optional at the discretion of applicant however applicant must nominate a person i.e. Nominee in the absence of co-applicant who can be lawyer, a relative, or a friend to facilitate the transaction in Pakistan.
- Co-applicant is mandatory and can be any one of the immediate family members including spouse, parents, adult siblings & children living in Pakistan.
A: Yes, co-applicant’s income can be clubbed under this facility. However for income clubbing only a non-resident Pakistanis can be considered for this purpose.
A: : A Following markup rate will be applicable on the facility throughout the tenor of loan.
Floating:
*Karachi Inter-bank offer rate. Please visit SBP website to view the latest.
| Floating Rate | Rate |
|---|---|
| With Lien | 1 Year KIBOR* ONLY |
| Without lien | 1 Year KIBOR* + 1.5% |
| Fixed Rate | Rate | |
|---|---|---|
| With Lien | 5Y PKRV ONLY | |
| Without lien | 5Y PKRV + 1.5% | |
A: For criteria regarding Government Markup Subsidy Scheme, please click here.
A: Applicants can apply for the loan digitally through Roshan Digital Account Portal.
Societies:
| City | Best High Societies | Email Address |
|---|---|---|
| Islamabad & Rawalpindi | Multi Professional Cooperative Housing Society, Islamabad | https://mpchs.com |
| CBR-Central Board Revenue Employees Cooperative Housing Society, Islamabad | www.cbrechs.org.pk | |
| Cabinet Division Employees Co-operative Housing Society, Islamabad | http://www.rightproperty.pk/ | |
| Jammu & Kashmir Cooperative Housing Society, Islamabad | https://www.icons.com.pk/jkchs-islamabad/ | |
| Gulberg Green Islambad | https://gulbergislamabad.com/ | |
| Ministry of Interior Employees Co-operative Housing Society, Islamabad | http://achs.com.pk/web/ | |
| Abad Co-operative Housing Society, Rawalpindi | http://achs.com.pk/web/ | |
| All CDA sectors | https://eproperty.pk/maps/islamabad/cda/ | |
| All PHA (Pakistan Housing Authority) Apartments / Flats | N/A | |
| All FGEHA (Federal Government Employee Housing Authority) sector | N/A | |
| All Phase of DHA | N/A | |
| IBECHS (Gulberg Islambad) | N/A | |
| Foreign Office Co-operative Housing Society | N/A | |
| Media Town | N/A | |
| Pakistan Employees Cooperative Housing Society, Rawalpindi. | https://www.aarz.pk/projects/pakistan-employees-co-operative-housing-society | |
| Lahore | Bahria Town (Sector A, B & C only ) | https://bahriatown.com/lahore-bahria-orchard-sector-a-b/ www.bahriatownlahore.com/sector_c.php |
| Wapda Town | https://www.zameen.com/area-guides/lahore/wapda-town-42 | |
| Valencia Town | https://www.skymarketing.com.pk/valencia-town-lahore | |
| DHA Lahore | https://www.lahoredha.com/ | |
| Eithad Town | https://www.etihadtown.com.pk/ | |
| Rehman Garden Phase 7 | https://lahore.land/al-rehman-garden-lahore/ | |
| Al Jalil Garden Lahore | https://www.ajlahore.com/ | |
| Nespak Employees Cooperative Housing Society | https://www.fjtown.com/nespak-employees | |
| Punjab Govt. Employees Cooperative Housing Society | https://eproperty.pk/punjab-government-employees | |
| Canal Gardens | https://www.ourupn.com/canal-gardens-lahore | |
| PIA employees cooperative Housing Society | www.piaochs.com | |
| P&D Cooperative housing Society | https://www.fjtown.com/pd-employees-cooperative | |
| Military Accounts Cooperative Housing Society | https://www.ilaan.com/blog/military-accounts | |
| Askari Lahore Projects | https://www.ilaan.com/area-guide/askari-lahore | |
| Bankers Avenue Cooperative Housing Society | www.bchslahore.com | |
| Model Town Cooperative Housing Society | https://mts.com.pk | |
| Nasheman Iqbal Cooperative Housing Society | https://www.graana.com/area/948/Nasheman-e-Iqbal_Housing_Society | |
| State Life Cooperative Housing Society Lahore | N/A | |
| Jubilee Town Lahore | https://www.skymarketing.com.pk/jubilee-town-lahore/ | |
| Bismillah Housing Society | N/A | |
| Punjab Housing Society Defence Road/Ghazi Road Lahore | N/A | |
| PCSIR staff cooperative Housing Society | https://tajarat.com.pk/pcsir-society-lahore/ | |
| Karachi | DHA Karachi | https://www.dhakarachi.org/ |
| Gulshan e Iqbal Karachi | N/A | |
| Clifton Karachi | N/A | |
| Gulistan-e-Jauhar | N/A | |
| Saadi Town | www.saaditown.org | |
| Scheme 33 | N/A | |
| Saadi Garden | N/A | |
| Sarjani town | N/A | |
| Capital Society | N/A | |
| Al Jadeed Residency | www.aljadeedproperties.com/our-ventures/al-jadeed-residence-karachi/ | |
| KDA Scheme-1 | http://kda.gos.pk/ | |
| Bath Island | N/A | |
| North Nazimabad Block A, B, C, F & N | N/A | |
| Civil Lines | N/A | |
| Defence Housing Scheme | N/A | |
| Main Auto bhan Road | N/A | |
| PECHS (Society Area ) | N/A | |
| Faislabad | Omega Residencia Faisalabad | N/A |
| Prime City Faisalabad | Prime City Faisalabad Location Map - Payment Plan - Details (wall.pk) | |
| Abdullah Gardens Faisalabad | N/A | |
| Canal Villas Faisalabad | N/A | |
| Model City 2 Faisalabad | N/A | |
| Orchard Homes Faisalabad | https://orchardhomes.pk | |
| ChenOne Luxury Apartments and Homes Faisalabad | N/A | |
| Lyallpur Villas Faisalabad | https://www.zameen.com/new-projects/lyallpur_villas__farm_houses_-1461.html | |
| Nawab City Faisalabad | https://www.zameen.com/new-projects/nawab_city-1478.html | |
| City Hosing, Phase I-II, Faisalabad. | N/A | |
| Raza Town, Faisalabad | N/A | |
| Four Seasons, Faisalabad | N/A | |
| Eden Orchard, Faisalabad | N/A | |
| Judicial Housing Society, Faisalabad | N/A | |
| Faisal Garden, Faisalabad | N/A | |
| Faisal Town, Faisalabad | N/A | |
| Rehman Town, Faisalabad | N/A | |
| Tech Town, Faisalabad | N/A | |
| Rehman Garden, Faisalabad | N/A | |
| Officers Colony No.1 | N/A | |
| Punjab Employees Hosing Society, Faisalabad | N/A | |
| WAPDA Town, Faisalabad | N/A | |
| Sitara Diamond City | N/A | |
| WAPDA CITY, Faisalabad | N/A | |
| Eden Garden, Faisalabad | N/A | |
| Askari Homes Sargodha | N/A | |
| Eden Valley, Faisalabad | N/A | |
| Multan | DHA Multan | N/A |
| Royal Grace City | https://wallrealestate.pk/multan/royal-grace-city/ | |
| Citi Housing | https://estateland.com.pk/citi-housing-multan/ | |
| Royal Orchard Multan | https://royalorchard.pk/multan | |
| Dream Gardens | https://izharmonnoo.com/dream-gardens-multan/ | |
| PGSHS | N/A | |
| Wapda Town | https://www.skymarketing.com.pk/wapda-town-multan/ | |
| Safari Town | N/A | |
| Pearl City | N/A | |
| New Model City | N/A | |
| Pearl Residencies | https://pearlresidencia.com.pk/ | |
| Green Lane | https://www.housings.pk/green-lane-palm-residences-multan/ | |
| Buch Executive Villas | https://www.buchvillas.com/ | |
| Faisal Cottages | N/A | |
| Shah Rukne Alam Colony(MDA) | N/A | |
| Fatima Jinnah Town (MDA) | https://www.zameen.com/area-guides/multan/fatima-jinnah-town-667/ | |
| Golf City | N/A | |
| Nayab City Phase I & II | N/A | |
| New Multan Colony (PHATA) | N/A | |
| PIA housing Society | N/A | |
| Safia Homes | N/A | |
| DHA Bahawalpur | N/A | |
| Punjab Govt. Employees Co-operative Housing Society | N/A | |
| Govt. Employees Co-operative Housing Society | N/A | |
| Japan Town | N/A |
Zameen Projects:
