Pricing and Charges

Mark-up Rates

Barclay Mortgage is a floating rate product and your mark up rate will be linked to KIBOR*, your applicable mark up rate will be calculated as follows:

KIBOR + X %( spread) =Applicable mark-up rate

Your rate will be revised annually (upward or downward).

* “KIBOR” shall mean the Karachi Inter Bank Offered Rate (1 year -Offer side) for the relevant tenor.

Property Insurance

We believe that your hard earned asset needs a quality cover. Our free insurance policy covers you from all the damages & disasters that your home may be vulnerable to.

Barclay Mortgage gives you peace of mind by offering free property insurance to cover your home from unforeseen hazards*.

* Terms and conditions apply

Schedule of Charges

S.No	Particulars	Charges
1	Processing Charges	Rs. 5,000/- (non-refundable)
2	Appraisal Charges	Up to Rs. 10,000/- (non-refundable)
3	Subsequent stage wise appraisal fee (for Construction / Build a Home Category)	Up to Rs. 10,000/- (non-refundable)
4	Legal Charges	Up to Rs. 5,000/- (non-refundable)
5	Income Estimation Charges	Up to Rs. 10,000/- (non-refundable)
6	Late Fees	Rs. 3,000/- per instance
7	Property Insurance	Up to 1% of outstanding loan amount
8	Life Insurance (Optional)	Up to 3% of outstanding loan amount
9	Prepayment Penalty (Partial Payoff)	4% penalty on the partial pay off amount
10	Prepayment Penalty (Full Payoff)	4% on outstanding balance regardless of the year of payoff.
11	Cheque Return Charges	Rs. 500/- per instance
12	Loan Enhancement Charges	Up to Rs. 10,000/- per instance
13	Over the Counter Cash Payment Charges	Rs. 100/- per transaction

Note:

In addition to the above:

Recovery of Courier/Postage/Telex/Fax/Cable Charges will also be made according to prescribed tariff (wherever applicable).
All applicable Government levies will also be recovered, however FED where applicable is included in the above charges.
Standing Instruction Charges are waived for those customers who are giving these instructions to repay their Mortgage loan.

Barclays Bank PLC is registered in England with limited liability Barclays.com