Rajab 28, 1438 A.H
Wednesday, April 26, 2017
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MUSKUN Home Financing
 Bank Islami
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Home > Products & Services > Consumer Finance > MUSKUN Home Financing
 
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Home Purchase: Rs. 200K – 50M
Home Construction: Rs. 200K – 50M
Home Renovation: Rs. 150K – 5M
Balance Transfer: Rs. 200K – 50M
   
 
     
   
Home Purchase/Construction/BTF: 2-20 Years
Home Renovation: 2-7 Years
   
 
     
  Co-applicant must be member of the immediate family i.e Spouse, Parents & Children only
   
 
     
  No negative area is marked by BankIslami for MUSKUN-Islami Home Financing
   
 
     
  In case any pre-mature payment is done before first installments are paid, Bank will sell the Musharakah units at a higher price (increased by 5%). No higher price will be recovered on premature payment which includes partial or full payment of installments after the first 12 installments have been paid by the Customer.
   
 
     
  We have our approved valuators for this purpose
   
 
     
  Yes, 100% of your spouse's income (Wife or Husband) can be clubbed for Debt burden calculation. In addition 50% of your sibling's income can also be clubbed for Debt burden calculation
   
 
     
  No, The Bank will disburse the payment in tranches (Maximum 4 tranches) as per BOQ (Bill of Quantity) provided by you
   
 
     
  MUSKUN Home Financing is a Consumer-financing product and is only meant for residential purposes
   
 
 
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