Shahzad replied on Wednesday, December 21, 2011 04:37 PM
If you have your own plot. You want to construct home on your plot on installment. The only option is you have to take Home Builder Finance from any islamic bank (Like Meezan Bank or other islami bank). They will give you lumpsome amount in advance. but you have to arrange 30% of advance at your end. You can fulfill your dream of your own house. Bank will issue you a monthly installment plan. e.g.
If you want to take 20,000,00/- from Bank. Then you have to arrange 6,00,000/- which is 30 percent of the advance. Bank will finance you 14,00,000/-. You will tell bank that in how many years you want to return your advance. e.g if you want to return that amount in 10 years then your monthly installment will start from 46,666/-. you can further visit meezan bank site,
http://www.meezanbank.com/easyhome.aspx
@boss-sk: yar agar ap se koi kuch poch raha he to us ko bata hi do. |
