Category |
Non-Lien Based |
Lien Based |
|---|---|---|
| Purpose of Financing | Purchase, construction, buy land and construct thereon, renovation | Same |
| Financing Amount | Minimum: PKR 500,000/- Maximum: PKR 60 Million Maximum: PKR 10 Million for renovation |
Minimum: PKR 500,000/- Maximum: No upper limit |
| Pricing | Variable Rate: 1-Year KIBOR + 1.5% | Variable Rate: 1-Year KIBOR + 0.5% |
| Financing Tenure | 3 to 25 Years | Same |
| Lien Marking | Not Applicable | Lien of 100% on PKR RDA / NPC and 110% on Foreign Currency RDA / NPC |
| Co-applicant | Mandatory. Must be immediate family (spouse, parents, adult siblings & children). At least one must reside permanently in Pakistan. Up to four co-applicants allowed. | Same |
| Co-applicant for Income Clubbing | 100% income clubbed if spouse, subject to DBR cushion. 75% if other than spouse, subject to DBR cushion. Only Non-Resident Pakistanis can be considered for income clubbing. | 100% income clubbed |
| Debt to Equity Ratio | Up to 85% for purchase/construction Up to 30% for renovation |
Up to 99% for purchase/construction Up to 40% for renovation |
| Property Ownership | Singly owned (in name of NRP RDA holder) Joint ownership with spouse or adult children allowed (subject to authority’s approval). If NRP is not in Pakistan, GPA can be used by co-applicant. | Same |
| Installment Repayment Frequency | Monthly, via Direct Debit from RDA. If RDA is in FCY, a PKR NRP Rupee Value Account must be opened. | Same |
| Cash Lien for Completion of Post-Disbursement Formalities | Amount equivalent to recommendation of Bank’s legal counsel will be kept as lien. | Same |
Category |
Non-Lien Based |
Lien Based |
|---|---|---|
| Citizenship | All Non-Resident Pakistanis with valid NICOP | Same |
| Age | Salaried Individuals: 20–60 years (extendable to 65 if repayment after retirement justified) Non-Salaried Individuals: 20–65 years Co-applicant’s age must not exceed 65 if income is not clubbed |
Minimum: 20 Years No upper age limit |
| Net Monthly Income | Minimum PKR 50,000 for applicant No minimum for co-applicant (if income is clubbed) |
Not Applicable |
| Occupation | Salaried or Non-Salaried | Same |
| Employment Status (Salaried) | Permanent or Contractual | Not Applicable |
| Employment/Business Tenure | Minimum 2 years | Not Applicable |
Common Documents (Both Lien-Based & Non-Lien Based)
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Duly filled application form
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Applicant’s NICOP
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Co-applicant’s CNIC/NICOP
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Two passport-sized color photographs of applicant and co-applicants
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Copy of Passport of applicant and co-borrower (if applicable)
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Visa / Work Permit / Residence Permit (Iqama etc.)
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Professional Association Membership Certificate / Practice License (if applicable)
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Last 12 months’ bank statement (original or attested by bank with stamp)
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Details of existing financing facilities (in Pakistan or abroad)
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Copies of educational qualification degrees/certificates (if applicable)
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Rental documents, credit card bills, tax documents (if applicable)
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Credit Bureau Report from country of residence
Additional Documents for Salaried Individuals
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Employer’s certificate (tenure, designation, and remuneration)
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Employment contract (if applicable)
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Last 3 months’ salary slips
Additional Documents for Non-Salaried Individuals
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Valid business proof documents
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Power of Attorney should not be verified/attested by embassy/notary public
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Note: All other documents should also not be verified/attested by embassy/notary public
Legal Agreement / Document Signing
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If main applicant (NRP) is in Pakistan, documents must be signed in presence of a Bank Officer.
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If abroad, documents must be signed in the applicant’s country of stay.
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All charges are to be borne by the customer.
Legal Evaluation
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Copies of property documents will be vetted by an approved legal advisor/law firm.
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Original documents must be “verified as originally seen” at the lawyer’s office before disbursement.
Documentation Charges
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Charged at actual rates as per legal fee schedule.
You can use the Roshan Apna Ghar Installment Calculator to estimate your monthly repayments.
Q. What is Roshan Apna Ghar?
Roshan Apna Ghar is a digital home finance facility offering affordable monthly installments for NRPs maintaining a Roshan Digital Account (RDA) with Allied Bank.
Q. What are the basic eligibility criteria to avail Roshan Apna Ghar facility?
NRPs worldwide holding a valid NICOP and a Roshan Digital Account with ABL are eligible to apply.
Q. How many variants of Roshan Apna Ghar financing are available?
Two types of financing are offered:
a. Non-Lien Based
b. Lien Based
Q. Is this facility only available for house/apartment purchase?
No. It covers purchase, construction, land plus construction, and renovation of existing properties.
Q. Is financing available for plot-only purchase?
No. Plot-only financing is not available. Only plot purchase with construction is allowed.
Q. What is the financing tenor of this facility?
The tenor ranges from a minimum of 3 years to a maximum of 25 years.
Q. Do I need to pay any taxes?
Yes, all applicable government taxes are payable by the customer.
Q. How are monthly installments repaid?
Repayments are deducted in PKR via Direct Debit from the RDA. If your RDA is in foreign currency, you must open a PKR account (NRP Rupee Value Account).
Q. How much financing can I avail?
Up to PKR 60 Million under Non-Lien Based.
For Lien-Based, there is no upper cap—subject to 100% lien on PKR RDA/NPC or 110% lien on Foreign Currency RDA/NPC.
Q. Can I avail multiple housing finance facilities under this scheme?
Only one facility is allowed at a time.
Q. How is the property value assessed?
By ABL’s approved valuators:
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One valuation for amounts up to PKR 10 Million
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Two valuations if above PKR 10 Million (lower value considered)
Q. Are there any application charges?
Yes. A one-time Processing Fee (as per prevailing Schedule of Charges) is applicable upon approval. Non-refundable Property Valuation and Legal Opinion Charges are also payable.
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Suggestions and Queries: [email protected]
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Complaints: [email protected] | [email protected]