Multan: The Defence Housing Authority (DHA) Multan has notified its successful negotiation proceedings with Bank Al-Habib Ltd (BAHL) for a special ‘Home Construction Finance Rate’ under which DHA Multan members will be offered a home construction loan at a subsidised rate of 1 Year Kibor + 1.75% per annum, according to a post published on the society’s official Facebook on December 2.
The maximum financing range in PKR 10 million to PKR 15 million. The financing tenure will be spread over a period of 25 years. The loan applicants should have minimum monthly income of PKR 60,000 (for salaried individuals) and PKR 100,000 (for businessmen). The minimum equity for this loan is 30%. The bank’s eligibility criteria and other condition will also apply.
Following officials can be contacted in BAHL for details:
Mr S M Taqi Shoukat Zaidi – Branch Manager BAHL: 0300-8619656
Mr Karar Haider Naqvi – Chief Manager BAHL: 0337-3195080
Hazafa reveres the art of writing and has been turned into a property enthusiast by profession. Her daily survival kit includes; tea, coffee, keyboard and paperbacks.
