ISLAMABAD – The Wazir-e-Azam (PM) Apna Ghar Programme, offered through several banks including Bank AL Habib, is designed to help eligible applicants move closer to that goal by providing housing financing with flexible repayment options.
Under the programme, financing of up to Rs10 million is available, with repayment periods extending to 20 years.
The scheme offers fixed pricing of 5% for the first 10 years, while applicants can benefit from zero processing fees and no charges for early or partial repayment.
For those considering a Rs3 million loan, the tentative monthly installment varies according to the selected repayment period.
Rs3 Million Home Loan Installment Plan
A borrower opting for a 20-year tenure would have a tentative monthly installment of Rs19,799.
Choosing a shorter 15-year repayment period would increase the monthly installment to Rs23,724.
For those seeking to repay the loan over 10 years, the tentative monthly installment would be Rs31,820.
The programme also highlights easy documentation and quick processing as part of its features.
These figures are the tentative monthly instalments provided for the Rs3 million financing option.
Applicants should confirm the applicable terms and final repayment schedule with bank before making a financing decision.
