Meezan Bank Naya Nazimabad Financing

Naya Nazimabad Financing is the first Shariah-compliant under-construction apartment-based housing finance bank in Pakistan. This is a special-purpose partnership between Naya Nazimabad and Meezan Bank, which started in October 2025, and is expected to make owning a home more accessible using the principles of Islamic financing. In this regard, the bank still has a large line of Meezan bank financing products such as Easy Home, Car Ijarah, Apni Bike, and Consumer Ease.

What Is Meezan Bank Naya Nazimabad Financing?

• The Meezan Bank Naya Nazimabad Financing is targeted to individuals that intend to purchase apartments in the Naya Nazimabad project.
• It is a facility that operates under the Shariah-compliant Islamic housing finance principles which are sanctioned by the State Bank of Pakistan.
• You will have up to 70 percent financing of the overall value of your apartment with a flexible 25-year repayment.
• It targets those people who desire to have a halal and safe means of having a home without interest based constructions.

General Meezan Bank Financing Products You Should Know

Meezan Bank financing covers several consumer needs through its Islamic finance models.

• The most popular one is Easy Home, based on Diminishing Musharakah, allowing you to purchase, build, or renovate your house. For first-time buyers, the Mera Ghar Mera Ashiana (MGMA) scheme offers subsidized profit rates under the government’s housing initiative.
• If you’re looking for a car, Car Ijarah gives you a Shariah-based leasing option for locally assembled or imported vehicles.
• Other products include Apni Bike (Islamic motorcycle financing) and Consumer Ease for durable goods like appliances.

Meezan Bank Helpline and Contact Information

• You can reach the Meezan Bank helpline anytime at +92 (21) 111-331-331 or +92 (21) 111-331-332.
• If you’re outside Pakistan, the same numbers work with country code +92-21.
• For complaints, email [email protected].
• You can also use WhatsApp Banking through the registered number for balance checks and quick support.

How Much You Can Borrow with Meezan Bank Financing

• The new Meezan Bank Naya Nazimabad Financing permits up to 70% of the value of the apartment.
• In case of general easy home financing, salaried people and professionals will be eligible to receive a maximum of 75 percent and 70 percent of property value in the case of businessmen.
• Under MGMA scheme, Tier 1 gives up to PKR 2 million and Tier 2 gives up to PKR 3.5 million.

If you’re looking for Meezan Bank financing products that stay true to Islamic principles, this new initiative for Naya Nazimabad is a game-changer. It’s designed for people who want long-term home ownership with flexible repayment, transparent structure, and zero riba. Always contact the Meezan Bank helpline for personalized details before applying.

FAQ’s

How do I apply for the Meezan Bank Naya Nazimabad Financing and check my eligibility?

Application is done in the closest branch of the Meezan Bank or on the Meezan Bank helpline. There is generally a requirement of being a Pakistani National (Resident/NRP) aged between 25-65 and a minimum gross income of PKR 50,000 in case of salaried workers. This begins with the filing of documentation and valuation of property.

What Shariah principle is the Meezan Bank Housing Finance structured upon?

Meezan Bank Financing products in housing are founded on the concept of Diminishing Musharaka (Partnership). The bank and the customer become co-owners, and the customer gradually purchases the bank's share over time through monthly rental payments, making the transaction Riba-free and Shariah-compliant.

Can I still use the Easy Home General product if I don't qualify for the subsidized MGMA scheme?

Absolutely. General Easy Home product has more financing limits, as high as PKR 100 Million and ratio of financing property value, as high as 75, as against MGMA limit, of 3.5 Million. This is the primary avenue of non-first-time owners or people who require a large-value loan.

What is the maximum financing limit available under general Meezan Bank financing products like Easy Home?

Under Easy Home, general purchase has a limit of a huge PKR 100 Million. The ultimate approval is subject to your income and repayment ability where the bank usually funds up to 75 percent of property value of the salaried and Non-Resident Pakistanis (NRPs).