Islamic Roshan Apna Ghar provides quick and convenient solutions to get housing finance in easy and affordable monthly installments. This facility will be available for all RDA customers who are either willing to keep their RDA balance/INPC investment as lien against their net financing amount as collateral or avail financing without cash collateral. Further, this will also be available to all the customers of Govt. Subsidy Scheme (GSS) for housing finance as per already defined criteria under respective tiers.
- Customer must be a Bank Alfalah Roshan Digital Account Holder.
- Maximum financing against property value.
- Exclusive Price Offering.
- Flexibility to make partial payments with zero charges after first year.
- For first year 1% will be charged upon Early Termination afterwards NO charges will be levied.
- Processing fee Rs. 4,000/- (exclusive of FED).
- Optional life Takaful covering death (due to any cause) and accidental/natural disability.
- Property Takaful expenses shall be borne by the bank.
- Govt. subsidy scheme as per SBP IH&SMEFD Circular No. 03 of 2021 for housing finance will be applicable as per already defined criteria under respective tiers.