Following criteria will be applicable to those RDA customers who are willing to avail house finance facility without lien marking and are not eligible / qualify for GSS:

• 100% lien shall be marked equivalent to finance amount on Roshan Digital Account (except RDA Islamic current account) or Islamic Naya Pakistan Certificate till the maturity of finance.
• Minimum balance in Roshan Digital Account or investment in Islamic Naya Pakistan Certificate should be equivalent to finance amount.

Following criteria will be applicable to those RDA customers who are willing to avail house finance facility with lien marking and are not eligible / qualify for GSS.

*BAFL-IBG policy upon lien marking of accounts shall be applicable here.

Following list will be applicable for regular HM customers applying under product A and B. For GMSS, same list of documents will be applicable as defined in GMSS product scheme.

Non-Lien Based:

Salaried Individual:

1. Duly filled application form.
2. Applicant’s copy of NICOP
3. Copy of Co-Applicant’s CNIC/ NICOP
4. Two passport-sized coloured photographs of applicant and co-applicant(s) each.
5. Employer’s certificate including tenor/designation/renumeration details.
6. Employment Contract (if applicable)
7. Last three-month salary slip.
8. Copy of Passport (if applicable/optional)
9. Copy of Visa / Work permit / Residence Permit (Iqaama etc.)
10. Copy of Professional Association Membership Certificate / Practice License (if applicable)
11. Bank Statement – last 12 months (Original OR duly attested by the bank with stamp / notary public) through embassy.
12. Copies/ details of any financing facility being availed in the country of employment or in Pakistan
13. Copies of educational qualification degree / certificates.
14. Copy of Rental Documents (if applicable)
15. Copy of recent Credit Card Bills. (if applicable)
16. Copies of last 2 years tax documents where applicable
17. Credit Bureau Report of stay country

Non -Salaried Individual:

1. Duly filled application form.
2. Applicant’s copy of NICOP
3. Copy of Co-Applicant’s CNIC/ NICOP
4. Two passport-sized coloured photographs of applicant and co-applicant(s) each.
5. Valid Business Proof
6. Copy of Passport (if applicable/optional)
7. Copy of Visa / Work permit / Residence Permit (Iqaama etc.)
8. Bank Statement – last 12 months (Original OR duly attested by the bank with stamp / notary public) through embassy.
9. Copies/ details of any financing facility being availed in the country of employment or in Pakistan
10. Copies of educational qualification degree / certificates.
11. Copy of Rental Documents (if applicable)
12. Copy of recent Credit Card Bills. (if applicable)
13. Copies of last 2 years tax documents where applicable
14. Credit Bureau Report of stay country

Lien Based:

1. Digital finance application (Please click “Apply Now” at bottom of this page)
2. Copy of Co-Applicant’s CNIC/ NICOP
3. Scan copy colored photographs of applicant and co-applicant(s) each.
4. Valid proof of income documents

Bank Alfalah will review and select each Builder / Project by reviewing (i) market reputation and (ii) financial and technical capacity, and past experience to complete such project as per committed timelines (if any). The assessment depends on the builder’s profile and legal status and may require additional documents on case to case bases.

• The potential builder / project has the necessary licenses to undertake the project. All the pertinent permissions / NOCs etc. from relevant housing / development authorities have been obtained
• Last 3 years audited accounts of potential builder / project
• Developer’s equity contribution in the project – Bank statement for last 12 months showing sufficient balance or evidence of equity participation
• Commitments honored with respect to project timelines to establish builders’ ability to perform
• Number of projects already successfully performed / completed in their history
• Human resources to undertake the project e.g. Architects, Engineers etc.
• Technical resources to undertake the project e.g. Machinery, equipment etc.
• The property on which the project is being constructed is free from all encumbrances
• A complete physical and legal verification of the project’s land through bank’s approved legal counsel
• The potential builder will provide Performance Guarantee from a recognized bank

To process application from enlistment of Project / Builder on bank’s approved list; please share brief detail of project at homefinance.rda@bankalfalah.com

In lien based financing under Roshan Apna Ghar; the bank can extend financing under off-plan projects.

In non-lien based financing; the projects need to be approved by the bank prior to extending end-user financing for Roshan Apna Ghar. The modus operandi for non-lien based financing will be separately defined keeping in view the arrangement with developer / project. Coming Soon