It is dreamt by almost every man to live a life he desires with his family. Every person wishes to have his own home where he could spend his peaceful life without any miseries of paying rent or switching to different homes every year. As we are well familiar that Pakistan comes under 3rd world countries which are in the stage of development. Half of the population is salary holders and it becomes difficult for them to turn their dream into a reality of having real estate as they already have to face a huge burden of their family expenses and inflation is at its peak in the present era.

In such circumstances, how can he buy a house? Of course, it will charge him a lot.

Recently. The Government has introduced the scheme of Mera Pakistan Mera Ghar Loans under Naya Pakistan Housing Projects. It is believed that this mega scheme will facilitate the salary holders to own the Real Estate of their desire.

Analyzing the different aspects of the scheme let us first look at which banks are the contributors as per this scheme with their packages and limits. This blog will help you a lot for your future Real Estate.

National Bank of Pakistan:NBP has always played a vital role in economic growth and prosperity. You can purchase a complete residential property via this bank, purchase a plot and construct your home on it. You should follow the following requirements to be a part of this scheme.

Loan Application Form along with CF Undertaking and should be original. Valid CNIC of the applicant as well as its Co-partner, the copy of it of course. 2 passport size color photographs of the Co-Partner and applicant which should also be original. There is a requirement of an undertaking for the first-time homeowner and that should also be original. Title Document of the property for a mortgage and its copy will work too. Direct Debit Authority & Employer`s certificate according to which payroll account maintenance will continue with the Bank lending money. There should be proof of your employment which can be original or a copy. The salary slip can be a maximum of 60 days old.

And here you are done with it!

Bank Al Habib:Bank Al Habib slogans say (RISHTA BHAROSE KA) trust on relations, making banking safe, simple, and pleasant. This bank is advancing you with a flexible and affordable house financing scheme. Avail of the auspicious opportunity to secure your future. Key features of the policy provided by the bank are you can get free life insurance, a funded markup rate, financing up to Rs. 5 Million, and much more.

Eligibility Criteria

Any gender holding valid CNIC, no matter they are resident or non-resident Pakistani. One should be a first-time homeowner and there will be one unit per household. One person can avail of subsidized house loan amenities only for one time in life. In minimum monthly income of the applicant should be Rs 25000/-. There should be a minimum of 2 years' employment period for salaried. For business individuals, they will have to give at least 3 years of proof of business For self-employee professionals, there is a requirement of 2 years of proof of business. Age requirement goes like this: 60* years for salaried individuals and 65* for self-employed Businessmen.

And this is it, how Amazing!

Allied Bank:Allied Bank also comes in the collaboration of the housing scheme. The main aim is to generate employment opportunities and to increase the GDP growth rate of the country. Keeping into consideration the above-mentioned banks you can purchase your dream house. Make sure to guide others as well in this great work.

Jaageer.com wishes that you may have secured a future and you may succeed in your goals for Real Estate.