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DHA Peshawar announces finance service for home construction

Peshawar: According to the society’s official Facebook page, Defence Housing Authority (DHA) Peshawar, has announced the collaboration with Bank Al-Habib Limited, a finance facility for home construction. The two organizations have agreed on a special mark-up rate for this purpose.

Read More: MoU signed for construction of D-Mall in DHA Peshawar

According to the details revealed, the details have been shared for the financing facility. Following are the details:

Maximum Financing PKR 10 – 15 million
Financing Tenure 1-25 years
Special Mark-up Rate KIBOR + 1.75%
Security Mortgage Over Property/Personal Guarantee

Read More: Groundbreaking to start on new sector next week in DHA Peshawar

Other features of the financing facility include:

  • Life insurance of the applicant up to the financing amount (at the cost of BAHL).
  • No additional charges in case of early settlement of loan

For more information, visit our website Property News.

 

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