BAHL announces finance supervision of home construction  

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Posts: 694
12/02/2021 9:03 pm  

DHA Peshawar has launched a funding facility for home construction in partnership with Bank Al-Habib Limited, announced through its official Facebook page. For this reason, the two companies have decided on specific increase limits.

The description of the financing facility follows.

Maximum financing Rs. 10-15 million
Financing tenure 1-25 years
Special Mark-up rate KIBOR + 1.75 %
Security A mortgage over property/personal guarantee

These aspects of the funding facility include:

  • The applicant's life insurance up to the amount of funds provided (at BAHL cost)
  • No additional cost for early loan settlement

The branch managers of the Askari-6 and Hayatabad has defined as the venture's flagship.

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