| House Building Finance Company Limited | |
| Former Name: | House Building Finance Corporation |
| Type: | Government |
| Key People: | Imran Ahad (MD) |
| Industry: | Financial services |
| Revenue: | 2,424,288,000 (2021) |
| Operating Income: | (1,520,051,000) (2021) |
| Net Income: | 986,154,000 (2021) |
| Assets: | 22,449,515,000 (2021) |
| Location City: | Karachi, Sindh |
| Num Locations: | 51 |
| Location Country: | Pakistan |
| Parent: | State Bank of Pakistan |
House Building Finance Company Limited (HBFCL), (Urdu: ہاؤس بلڈنگ فنانس کمپنی لمیٹڈ) formerly known as House Building Finance Corporation (HBFC), is a Pakistani housing finance company which is a subsidiary of State Bank of Pakistan. Founded in 1952, it is based in Karachi, Pakistan.[1] [2]
House Building Finance Company was founded in 1951. Before the independence of East Pakistan, it was headquartered in Dacca.[3] It was incorporated as a corporation on 25 July 2007 and is jointly owned by the State Bank of Pakistan (90.31 percent) and Government of Pakistan (9.69 percent). On 18 February 2011, the name of House Building Finance Corporation was changed to House Building Finance Company Limited under section 39 of the Companies Ordinance 1984.
The company is now an unlisted public limited company. The company has 51 branches, 7 area offices, 3 regional offices, and head office based in Karachi.
The Cabinet Committee on Privatisation (CCoP) approved transaction structures for the privatization of House Building Finance Company Ltd.[4]
Housing financing for midlevel income persons.
Special scheme for construction of house with Higher income persons.
The scheme is used for house purchasing or construction.
Special Scheme for Widows, Children of Martyrs of special forces, special persons, Transgenders.
Government's Markup subsidise scheme.
Home solar system scheme from 3KW to 20KW up to 10 years.