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Allied Bank Limited
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Overview

Allied Home Finance



We understand that every borrower is different with diverse needs for a good accommodation and Allied Bank Limited is committed to help you find the right Home Finance plan to meet your individual requirements. We offer a variety of financing options like purchase of constructed house or apartment, purchase land and build on it, construction on owned land, renovation of house or even financing of Solar Energy System at owned house with flexible repayment options; so don’t just dream and wait for a better time come, come to ABL and materialize your dream of living in your own dream house today!

Features & Benefits




>Easy & Quick Processing
>Financing from Rs.0.5 million up to Rs.40 million
>Repayment tenure ranging from 3 years to 25 years
>Loan Transfer facility on low Markup rates
>Free Life Insurance*
>Solar System Finance Facility*


*Terms and conditions apply

This facility is currently being offered in Karachi, Lahore, Islamabad, Rawalpindi, Faisalabad, Gujranwala, Sialkot, Hyderabad and Multan.


Eligibility Criteria



You are eligible for home financing from Allied Bank if:


>You are a resident Pakistani national
>You are 25 to 57 years old


In case of Salaried Individual

>Minimum six (06) months’ relationship with ABL or any other bank
>Minimum net monthly salary of Rs.50,000/-


In case of Self-Employed Businessperson / Self-Employed Professional


>Maintaining minimum one (01) year relationship with ABL or minimum two (02) years relationship with any other bank
>Length of respective business / profession is minimum two (02) years in case of relationship with ABL or minimum three (03) years in case of relationship with any other bank
>Minimum net income of Rs.75,000/- per month in case of relationship with ABL or Rs.100,000/- per month in case of relationship with any other bank


Low Cost Housing Finance Under Special Segment



In Compliance of SBP Circular IH&SMEFD Circular no. 5 of 2019 (as amended from time to time), low cost housing finance facility under refinance scheme will be offered to:


1) Widows
2) Children of martyrs (Shaheed) of law & enforcement agencies and armed forces and civilians martyred in terrorist attacks
3) Special persons holding CNIC with disability logo / Symbol
4) Transgender


>Financing under Special Segment: Minimum 0.5 to 2.7MN
>Minimum Net Income (verifiable): 30,000/-
>Tenure: Up to 12.5 years including 6 months grace period or advised by SBP from time to time


Documents Required



Following basic documents are required to apply for Allied Home Finance:


>Last 06 months Allied Bank’s Account Statement
>Copy of CNIC/ Smart NIC
>Proof of Income
>Complete and duly signed Application Form


*Any additional document may be requested
Allied Bank Limited

Please quote Zameen.com when calling us.

Allied Bank Limited

Head Office, 3 & 4, Tipu Block New Garden Town, Lahore, Punjab 54000 View Map
Allied Bank Limited Head Office, 3 & 4, Tipu Block New Garden Town, Lahore, Punjab 54000 (042) 111 225 225
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    Overview:
    Eligibility Criteria You are eligible for home financing from Allied Bank if: -You are a resident Pakistani national -You are 25 to 57 years old In case of Salaried Individual -Minimum six (06) months’ relationship with ABL or any other bank -Minimum net monthly sal ...more
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