Meezan Bank – Mera Pakistan Mera Ghar

Easy Home – Low Cost Housing Finance Scheme

Easy Home – Low Cost Housing Finance Scheme offers convenient and affordable options to fulfil your needs to construct and first purchase newly built affordable housing units in a completely Shariah-compliant way using Diminishing Musharakah mode of financing.

Basic Eligibility Criteria

Citizenship

All Pakistani nationals holding CNIC

Home Owner

First time home owner, one unit per household

Housing Finance Facility

An individual can have subsidized housing finance facility under this scheme only once

Unit to be Financed

Only for construction and first purchase of newly constructed affordable housing units

Collateral Security Requirement
  • NAPHDA Projects: Trust will be responsible for the title documents.
  • Non -NAPHDA Projects: As per Banks’ credit policy and prudential regulations for housing finance, the financed housing unit will be mortgaged in favor of the financing bank.

Application Form

Required Documents

Payment Plan

Processing Charges

Type of ChargesSalariedBusinessmen
Processing ChargesPKR 8,000PKR 8,000
FED on Processing 16%**PKR 1,280PKR 1,280
Legal Report ChargesAt ActualAt Actual
Property Valuation ChargesAt ActualAt Actual
Income Estimation ChargesN/AAt Actual

Documentation charges are exclusive of above-mentioned charges and will be obtained at the time of signing of Musharakah Agreement according to the limits of financing.**May vary as announced in provincial / federal budgets.

Key Qualification Criteria

ParametersDetails
Allowable Financing CitiesAll cities of Pakistan where Meezan Bank has it branch network
Age of Applicant / Co-applicantMinimum Age 25 YearsMaximum Age 60 or retirement age as per the employer – at financing maturity
Monthly IncomeMinimum PKR 25,000/- per month net disposable income
Employment / Business TenorMinimum employment / business tenure: 5 years
Co-applicant Income Clubbing100% Clubbed (upto 04 co-applicants are allowed for income clubbing)
Debt Burden Ratio (Payment Burden Ratio for Islamic)Maximum upto 45%

Contact our Dedicated Representatives

Mr. Mohammad Shahid

(Regional Manager – HF Sales (South))
Cell No: 0332-2221891

Clifton Hub (Karachi)

Address: 3rd Floor, Al-karam Centre,
Plot No. BCI, Block – 7, Clifton, Karachi.
Dir. No. 021-99250696, PABX No. 021-99250691-94

Mr. Syed Kamran Haider

(Senior Relationship Manger)
Cell No: 0304-0920518

Clifton Hub (Karachi)

Address: 3rd Floor, Al-karam Centre,
Plot No. BCI, Block – 7, Clifton, Karachi.
Dir. No. 021-99250696, PABX No. 021-99250691-94

Mr. Mujahid Rashid

(Regional Manager – HF Hub (Central))
Cell No: 0300-9496445

Gulberg Housing Hub Branch (Lahore)

Address: Gulberg Branch, 60 Main Boulevard, Gulberg – II, Lahore.
Dir. No. 042-35757435-6, PABX. No. 042-35879870-2

Mr.Murtaza Mubbashir

(Regional Manager – HF Hub (North))
Cell No: 0304-0920524

Consumer Center North (Islamabad)

Address: Mezzanine Floor, 33, Buland Markaz,
Jinnah Avenue, Blue Area, Islamabad.
Dir. No. 051-2271083, PABX No. 051-2871229 – 31

Mr. Muhammad Irfan

(Hub Manager)
Cell No: 0300-7203505

Saleemi Chowk Branch (Faisalabad)

Address: Meezan Bank Limited P-907-B, Saleemi Chowk
Peoples Colony # 01, Faisalabad
Dir. No. 041-8711963

Mr. Muhammad Aslam

(Hub Manager)
Cell No: 0300-6380586

Nawan Shahar Branch (Multan)

Address: Nawan Shahar LMQ Road, Multan.
Dir. No. 061-4781554, PABX No. 061-4785604-07

Mr. Yasir Nadeem Butt

(Hub Manager)
Cell No: 0300-8686220

Dubai Chowk Branch (Bahawalpur)

Dubai Chowk Branch, Bahawalpur
PABX No. 062-2889417-18 Ext # 105

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