Islamic Finance for Home Renovation & Extension
Welcome to Asaan Ghar Islamic Finance for Home Renovation & Extension
Embark on a transformative journey with Asaan Ghar’s Islamic Finance for Home Renovation & Extension. Your home is not just a place; it’s a reflection of your aspirations and dreams. With our flexible financing options, you have the power to reimagine and revitalize your living space according to your unique needs and preferences. Whether you envision expanding your home to accommodate a growing family, modernizing outdated areas, or creating functional and stylish living spaces, Asaan Ghar is here to support you every step of the way. Let us help you unlock the full potential of your home and make your renovation and extension dreams a reality.
Key Features
- All-Purpose Home Finance: Tailored financing solution to expand and enhance your current home to meet your specific needs.
- Approval in 96 Hours: Experience prompt service with our streamlined approval process. Receive a response within 96 hours after application and legal verification.
- Hassle-Free Paperless Process: Benefit from a paperless process for efficient onboarding. Our limited documentation requirements ensure a seamless experience for our customers.
Product Structure
The underlying Islamic mode of Asaan Ghar Islamic Finance for Home Renovation & Extension is Diminishing Musharakah. Diminishing Musharakah (Shirkat ul Milk) is a form of co-ownership in which Asaan Ghar and the customer will share joint ownership of the house in an agreed proportion. It is agreed that one of the co-owners (the customer) will purchase, in periodic installments, the share of the other co-owner (Asaan Ghar) until complete ownership of the house is transferred to the purchasing co-owner. Along with the purchase of the share, the customer will also make agreed periodic payments (rent) for the usage of the other co-owner’s share (Asaan Ghar) in the asset until complete ownership of the asset is transferred to the customer.
Eligibility Criteria
- Owners of existing homes seeking financing for renovations.
- Minimum Financing Amount: PKR 1,000,000.
- Co-applicant is mandatory.
Application Process
- Applicant submits application on AGFL website or through Relationship Manager.
- Sales team gathers information and documents.
- SPD reviews and enters data in the system.
- Sales team collect processing fees
Customer Testimonials
Ready to Transform Your Home with Asaan Ghar Islamic Finance for Home Renovation & Extension?
Contact Us
- We're Here to Help
- 0213 4300802-3
- contact@asaanghar.com
B-139, Sindhi Muslim Cooperative Housing Society Block-B, Shahrah-e-Faisal,
Karachi, Sindh – 75350
AGFL – NTN 4471867 AGFL – CRN 0175272
House Financing License Number: SECP/LRD/54/AGFL/2022
If your complaint has not been adequately addressed by us, you may lodge your complaint with the Securities and Exchange Commission of Pakistan (SECP). Please note that the SECP will only entertain complaints that were initially directed to the company and remain unresolved. Additionally, complaints that fall outside the SECP’s regulatory domain will not be entertained.
We are members of NBFI Modarbah
Subscribe To Our Newsletter
© 2024 Asaan Ghar Finance. All rights reserved. Privacy Policy | Sitemap