UBL Address Home Loan Facility (Non-Resident Pakistani)

Through UBL Address NRP, all Pakistani’s living in UAE can own a dream house in Pakistan through UBL’s wide branch network with quick processing time.

Buying a Home House/Apartment)

Now Pakistani’s living in UAE can avail a loan for purchase of a constructed residential property like house, apartment where the said property can be mortgaged in the name of UBL subject to completion of entire chain of title documents.

  • Segments Pricing
  • Salaried KIBOR + 4.5% = Applicable Markup Rate
  • SEB/SEP KIBOR + 5.5% = Applicable Markup Rate

The applicable markup rate will be the rate prevailing at the month of booking. This will be communicated to the applicant through the Repayment Schedule -

To know more about the applicable rates for various pricing options, please call UBL Phone Banking at 111-825-888.

* KIBOR is defined as the average rate "ask side" for one year tenure as published on SBP Page KIBOR or as published by Financial Market Association of Pakistan in case SBP Page in unavailable.

Processing Charges

  • Charges Amount
  • Application Processing Charges Rs. 15,000/- or 1% of loan amount (Non refundable
  • Legal Charges Rs. 10,000/-
  • Appraisal Charges Rs. 10,000/- (Non-refundable)
  • Property Insurance (mandatory) As per rates quoted by insurance company
  • Life Insurance Optional
  • Late Fee Rs. 1,200/- (Per instance)

Eligibility Criteria: UAE

  • Minimum monthly income
  • Salaried: AED 20,000
  • Self Employed: AED 35,000
  • Age: 23 to 65 years
  • Non-Resident Pakistani
  • Self-employed businessman/professional or salaried individual
  • Minimum loan size: Rs. 1,000,000

Target Cities (Property Locations)

The property offered for mortgage must be located in a targeted area of any of the following cities:

  • Karachi
  • Lahore
  • Islamabad
  • Rawalpindi
  • Faisalabad
  • Multan
  • Please note that all branches in the above cities can be contacted for UBL Address.

Documentation Requirements

  • Passport Copy & NICOP
  • Copy of valid residence visa page & countries ID copy
  • Two recent Photographs each of primary as well as co-borrowers
  • Signed Lou (Letter of Understanding), which states the applicable rate at the time of booking of loan.
  • Other Documents are required to substantiate the length of business
  • General Income Documents for Salaried and SEB are given below. However, your exact Documentation Requirement as per your specific Segment & Profession will be communicated to you by our respective ROs.
  • Segments Required
  • Salaried
    • Current Salary Slip
    • Bank Statement for the last 6 months
  • SEB
    • 6 months personal and 12 months business bank statements in original Audited Financials
    • Copy of Memorandum of Association and Articles of Association
    • Copy of Commercial Registration (CR), Computer Card (which contain sample signatures) & Trade License