Pensioners Finance

There are large number of pensioners in Pakistan from various sectors of government. At the end of service this segment has savings from their end service benefits and it may create desire to acquire a home. Those Primary Mortgage Lenders (PMLs) who provide mortgage finance to Pensioners can avail this facility from PMRC.

Target Market

Financial Institutions (FIs) including Banks/DFIs/HFCs/MFBs/MFIs/NBFCs

Type of Financing Options


Refinance can be availed against existing mortgage loan portfolio.


Pre-finance option is also available for institutions which do not have existing mortgage loan portfolio however intend to enter into housing finance market.

Mode of Finance

To cater the Conventional and Islamic financial institutions, both mode of financing is available.

  • Conventional
  • Islamic

Product Features

  • Pre-finance and refinance options
  • Refinance loan against existing eligible housing finance portfolio
  • Fixed rate, medium and long-term loan funding

Eligibility Criteria

  • FIs may consider pensioners of following categories
  • Pensioners of Federal Government
  • Pensioners of Provincial Government
  • Pensioners of Armed Forces
  • Pensioners of autonomous bodies
  • FI shall have approved policy from their management for underwriting pensioners
  • Housing finance portfolio for pensioners shall be in compliance with SBP housing
  • finance PRs
  • Maximum age of borrower for pension segment shall be in compliance with banks
  • internal approved policy
  • Pensioner should be borrower/co-borrower
  • Housing loan shall be for construction/renovation and/or first home purchase.


  • Pre-finance up to 3 Years
  • Refinance up to weighted average life/tenor of existing pensioners portfolio


  • Base Rate +/- Spread/discount

Repayment Frequency

  • Quarterly/Half Yearly
  • Fax
  • +92(21)35633365
  • Registered Address
  • Finance & Trade Center, 4th Floor, Block-A, Shahrah-e-Faisal, Karachi -74400, Pakistan.