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The markup rate being offered is Variable. The variable markup rate is pegged with SBP Discount Rate with spread of 2% in which Life & Disability Insurance coverage is mandatory. The markup rate is revised on every financing anniversary if there is change in SBP Discount Rate. Bank has the right to change the spread for fresh cases.

The mode of repayment is direct deduction (through debt authority) of Installment from salary account or the Customer’s Current Account at NBP which has to be kept funded with at least one monthly installment amount.

Repayment is monthly in the form of Total Monthly Installment (TMI) comprising of principal, mark-up, insurances portions according to the amortization schedule based on pricing and tenure. The amortization schedule will be revised if there is change in bench marked rate on financing anniversary after every 12 installments.

Property insurance and life & disability insurance coverage is mandatory.

Fees, charges and government taxes apply.

Full or partial (balloon) within 5 years will be subjected to early payment service charges @ 2 % of the amount being paid, after 5 years no charges will apply.

In case of late payment, returned cheques and delay in construction, service charges will be levied as per NBP’s approved tariff.



*NBP conditions apply

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