Roshan Apna Ghar Scheme
Roshan Apna Ghar is an initiative led by the State Bank of Pakistan (SBP) that aims to ease the Pakistani diaspora around the world. The scheme is available to all the customers of Roshan Digital Account (RDA), Islamic Naya Pakistan Certificate (INPC), and Naya Pakistan Certificates (NPCs).
Roshan Apna Ghar financing scheme is available to to investors who are willing to keep their money as a lien against their net financing amount or as collateral or avail of financing without cash collateral. In addition, customers of government mark-up subsidiary schemes can also avail the housing finance option.
Key Features of the Scheme
Borrowers can opt either Conventional or Sharia compliant financing.
The scheme provides a flexible tenor of 3 to 25 years.
Roshan Apna Ghar scheme provides free property insurance up to the extent of financing amount.
Some banks offer free credit risk coverage up to the outstanding amount of financing.
Physical presence of borrower not necessary as the process is end to end digital.
The program allows for pricing mechanisms of variable and fixed rates.
Types of Financing Available
Roshan Digital Account (RDA) provides Standard Financing as well as Government Mark-up Subsidy Scheme (GMSS).
Lien Based
Financing
Non-Lien Based
Financing
Government
Mark-up Subsidy
Scheme (GMSS)
LIEN BASED
NON-LIEN BASED
GMSS
LIEN BASED
| Sr. No. | Categories | Documentation |
|---|---|---|
| 1. | Salaried Individual |
|
| 2. | Non-Salaried Individual |
|
| 3. | Other Requirements
|
|
NON-LIEN BASED
| Sr. No. | Categories | Documentation |
|---|---|---|
| 1. | Salaried Individual |
|
| 2. | Non-Salaried Individual |
|
| 3. | Other Requirements
|
|
GMSS
Eligible for first time home owner; can only be availed once
| Sr. No. | Categories | Size of Unit | Maximum Price | Minimum Financing | Customer Pricing |
|---|---|---|---|---|---|
| 1. | Tier 1 (NAPHDA Projects) |
House up to 125 sq yards with a maximum covered area of 850 sq ft
Apartment with maximum covered area of 850 sq ft |
3.5 million | 2.7 million |
3 percent for first 5 years and 5 percent for next 5 years
For period exceeding 10 years = 1 year KIBOR + 2.5% |
| 2. | Tier 2 (Non NAPHDA Projects) |
House of up to 125 sq yards/ 5 marla
Apartment with a maximum covered area of 1,250 sq ft |
No Cap | 6 million |
5 percent for the first 5 years and 7 percent for the next 5 years
If period exceeds 10 years = 1 year KIBOR + 4% |
| 3. | Tier 3 (Non NAPHDA Projects) |
House of up to 250 sq yards/ 10 marla
Apartment with a maximum covered area of 2000 sq ft |
No Cap | 10 million |
7 percent for the first 5 years and 9 percent for the next 5 years
If period exceeds 10 years = 1 year KIBOR = 4% |
| Minimum 5 years to a maximum of 20 year finance tenor | |||||
Banking Partners
