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    Islamic Banking: 111-825-888 Ublunitedbankltd/ /ubldigital /ubldigital /ubldigital /United-Bank-Limited

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    danixh Hameed
    This document provides information about Islamic banking housing finance facilities from UBL called "UBL Ameen Mera Pakistan Mera Ghar". It offers options to purchase constructed houses/apartments or finance land purchase and construction costs. Basic eligibility requires applicants to be Pakistani citizens holding valid CNICs and be first-time homebuyers. The facilities have maximum financing amounts and property value limits depending on the tier and property size. Interest rates are fixed for the first 10 years and then transition to normal bank rates.

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    Islamic Banking: 111-825-888 Ublunitedbankltd/ /ubldigital /ubldigital /ubldigital /United-Bank-Limited

    Uploaded by

    danixh Hameed
    53 views2 pages
    This document provides information about Islamic banking housing finance facilities from UBL called "UBL Ameen Mera Pakistan Mera Ghar". It offers options to purchase constructed houses/apartments or finance land purchase and construction costs. Basic eligibility requires applicants to be Pakistani citizens holding valid CNICs and be first-time homebuyers. The facilities have maximum financing amounts and property value limits depending on the tier and property size. Interest rates are fixed for the first 10 years and then transition to normal bank rates.

    Original Description:

    Ameen

    Original Title

    Ameen-MPMG-Flyer-Eng

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    This document provides information about Islamic banking housing finance facilities from UBL called "UBL Ameen Mera Pakistan Mera Ghar". It offers options to purchase constructed houses/apartments or finance land purchase and construction costs. Basic eligibility requires applicants to be Pakistani citizens holding valid CNICs and be first-time homebuyers. The facilities have maximum financing amounts and property value limits depending on the tier and property size. Interest rates are fixed for the first 10 years and then transition to normal bank rates.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    53 views2 pages

    Islamic Banking: 111-825-888 Ublunitedbankltd/ /ubldigital /ubldigital /ubldigital /United-Bank-Limited

    Uploaded by

    danixh Hameed
    This document provides information about Islamic banking housing finance facilities from UBL called "UBL Ameen Mera Pakistan Mera Ghar". It offers options to purchase constructed houses/apartments or finance land purchase and construction costs. Basic eligibility requires applicants to be Pakistani citizens holding valid CNICs and be first-time homebuyers. The facilities have maximum financing amounts and property value limits depending on the tier and property size. Interest rates are fixed for the first 10 years and then transition to normal bank rates.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    I s l a m i c B a n k i n g

    111-825-888 www.ubldigital.com UBLUnitedBankLtd/

    /ubldigital /ubldigital /ubldigital /United-Bank-Limited


    About UBL Ameen Mera Pakistan Mera Ghar Housing Finance Key Qualification Criteria
    With the Government of Pakistan and State Bank’s support, UBL Ameen
    Parameters Details
    Islamic Banking is facilitating the low-cost and Shariah-Compliant
    financing of your dream house.
    Product
    The facility offers the following options to purchase your dream house: Availability/Outreach All cities of Pakistan having UBL branches
    This facility is meant for the purchase of constructed house/apartment.
    UBL Ameen Mera Pakistan Mera Ghar (Plot & Construction) Age: Applicant • Minimum age: 25 years
    This facility is for customers who already own or intend to buy/purchase / Co-Applicant • Maximum age: 60 years
    a piece of land and need financing to meet the construction cost.
    For Individual
    Basic Eligibility Criteria Monthly Income PKR 25,000 per month net disposable
    • All Pakistanis holding a valid CNIC income
    • For first time home owner
    • One individual can have subsidised housing finance facility under this
    Employment / Minimum employment / business tenure:
    scheme only once Business Tenor 5 years

    Co-Applicant • 100% clubbed


    Product Features & Benefits • Up to 4 co-applicants are allowed for
    Income Clubbing
    Size of Maximum Price Maximum Minimum income clubbing from multiple sources
    Contribution Pricing
    Housing Unit of Housing Unit Financing From Customer

    Terms & Conditions:


    Housing units/
    • Minimum 5 years with flexibility to go up to 20 years at customer’s choice.
    apartments of Bank pricing • Housing unit financed will be mortgaged in favour of the Bank as per the
    up to 125 will be
    Tier 1
    Banks’ credit policy and prudential regulations.
    square yards Rs. 35 Rs. 27 10% of applicable
    (T1) • Early payment/unit purchase option is available.
    (up to 5 Marla) Lakhs Lakhs property value for period
    Government • For initial 10 Years following rates shall be applicable, However exceeding 10
    with covered exceeding 10
    Projects Years bank pricing will be applicable:
    area of up to years For Tier 1 = 3% (fixed) for first 5 years and 5% (fixed) for next 5 years
    850 square feet
    For Tier 2 = 5% (fixed) for first 5 years and 7% (fixed) for next 5 years
    For Tier 3 = 7% (fixed) for first 5 years and 9% (fixed) for next 5 years
    Housing units/ Bank pricing
    apartments of will be
    up to 125 No Rs. 60 10% of applicable For more information, please call us at 111-825-888.
    Tier 2 square yards
    (T2) Limit Lakhs property value for period
    Non-
    (5 Marla) exceeding 10
    Government with covered years
    Projects area of up to
    1250 square feet

    Housing units of
    more than Bank pricing
    Tier 3 125 square will be
    (T3) yards up to applicable
    Non- 250 square No Rs. 1 Crore 15% of for period
    Government yards (10 Marla) Limit property value
    Projects or apartments exceeding 10
    with covered years
    area upto 2000
    square feet

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