List of Top 10 Banks Providing Home Loans in Pakistan and Requirements
Dreaming of owning a home? Pakistan’s top banks offer affordable home loans with flexible terms. This 100% complete guide covers all 10 leading banks, their interest rates, eligibility, and direct application links to simplify your process.
1. Bank Alfalah - Best Competitive Rates
Official Website
Why Choose? Lowest starting markup (12.5%) and high financing (up to 85% of property value).
- Eligibility:
Minimum income: Rs. 50,000/month
Age: 22-60 years
Salaried or self-employed
15-30% down payment
Key Features:
Loan amount: Up to Rs. 50 million
Tenure: 20 years max
Processing time: 14-21 days
➡️ Apply Now for Bank Alfalah Home Loan
2. HBL (Habib Bank) – Fastest Approval
Official Website
Why Choose? Quick processing (10-15 days) and longest tenure (25 years).
- Eligibility:
Income: Rs. 60,000+/month
Job stability: 2+ years
20% down payment
Key Features:
Interest rate: From 13%
Max loan: Rs. 75 million
➡️ Apply Now for HBL Home Loan
3. MCB Bank – Best for Long Tenures
Official Website
Why Choose? 25-year repayment and low markup (12.75%).
- Eligibility:
Salary: Rs. 45,000+/month
Age: 25-65 years
20% down payment
➡️ Apply Now for MCB Home Loan
4. UBL (United Bank) – High Loan Amounts
Official Website
Why Choose? Funds up to Rs. 70 million.
- Eligibility:
Income: Rs. 70,000+/month
25% down payment
Key Features:
Rate: 13.25%
Tenure: 20 years
➡️ Apply Now for UBL Home Loan
5. Askari Bank – Military Discounts
Official Website
Why Choose? Special rates for armed forces.
- Eligibility:
Income: Rs. 50,000/month
20% down payment
➡️ Apply Now for Askari Home Loan
6. Standard Chartered – Premium Service
Official Website
Why Choose? High-value loans (Rs. 100M+) for luxury properties.
- Eligibility:
Income: Rs. 200,000+/month
30% down payment
➡️ Apply Now for SCB Home Loan
7. Allied Bank (ABL) – Low Fees
Official Website
Why Choose? Minimal processing fees (0.5%).
- Eligibility:
Income: Rs. 40,000/month
15% down payment
➡️ Apply Now for ABL Home Loan
8. Faysal Bank – Islamic Options
Official Website
Why Choose? Sharia-compliant financing.
- Eligibility:
Income: Rs. 50,000/month
20% down payment
➡️ Apply Now for Faysal Home Loan
9. Bank Al Habib – Flexible Terms
Official Website
Why Choose? Customizable repayment plans.
- Eligibility:
Income: Rs. 55,000/month
20% down payment
➡️ Apply Now for Bank Al Habib Loan
10. Dubai Islamic Bank – Best Islamic Finance
Official Website
Why Choose? Fully halal, 0% interest.
- Eligibility:
Income: Rs. 60,000/month
25% down payment
➡️ Apply Now for DIB Home Loan
Comparison Table: Best Home Loans in Pakistan
| Bank | Interest Rate | Max Loan | Down Payment | Action |
|---|---|---|---|---|
| Bank Alfalah | 12.5% p.a. | Rs. 50M | 15% - 30% | Apply Now ↗ |
| HBL | 13% p.a. | Rs. 75M | 20% | Apply Now ↗ |
| MCB Bank | 12.75% p.a. | Rs. 60M | 20% | Apply Now ↗ |
| UBL | 13.25% p.a. | Rs. 70M | 25% | Apply Now ↗ |
| Askari Bank | 13.5% p.a. | Rs. 40M | 20% | Apply Now ↗ |
| Standard Chartered | 14% p.a. | Rs. 100M | 30% | Apply Now ↗ |
| Allied Bank (ABL) | 13% p.a. | Rs. 50M | 15% | Apply Now ↗ |
| Faysal Bank | 12.75% p.a.* | Rs. 45M | 20% | Apply Now ↗ |
| Bank Al Habib | 13.25% p.a. | Rs. 55M | 20% | Apply Now ↗ |
| Dubai Islamic Bank | 12.9% (Profit Rate) | Rs. 80M | 25% | Apply Now ↗ |
"Islamic profit rate"
Pro Tips for Applicants
Negotiate Rates: Banks often reduce markup for high-income applicants.
Pre-Approval: Get a loan estimate before property hunting.
Hidden Costs: Check for insurance, valuation, and legal fees.
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Also check: Best Mortgage Rates in Pakistan
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