Amendments in Prudential Regulations for Housing Finance – Standardization and Simplification of Documentation Requirements (PR HF-7)

SH&SFD Circular No. 06 — October 09, 2026

The Presidents/ Chief Executive Officers
All Banks/DFIs

Dear Sir/ Madam, Amendments in Prudential Regulations for Housing Finance – Standardization and Simplification of Documentation Requirements (PR HF-7)

Please refer to SH&SFD Circular No. 04 of 2026 dated 18th August 2026 regarding Prudential Regulations on Housing Finance.

2. In order to facilitate the customers availing Housing Finance, the documentation for creation of mortgage as required under PR HF-7 (Title Documents and Security Arrangements) has been amended.

The revised PR HF-7 is given below: *“Banks and DFIs shall obtain only title and ownership-related property documents listed at Annexure – B from the customer to secure the loan amount. Upon receipt, the bank/DFI shall give the borrower a signed acknowledgement listing all title and property documents received.

The house, apartment or plot financed shall be mortgaged in favour of the bank or DFI by way of equitable or registered mortgage.

For housing finance up to PKR 5 million, banks and DFIs may extend financing by marking a lien on the property in the records of the relevant land-record authority.

Renewable-energy finance may be extended without any security or against hypothecation of the installed assets (solar panels, inverters, batteries and related equipment)”.*

3. Banks/DFIs are advised to ensure meticulous compliance of the revised Prudential Regulations.

4. All other instructions shall remain the same.

Enclosed:

• Encl: Annexure B

Yours sincerely,

Dr. Muhammad Saleem
Director

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Annexure B

Annexure-B Standardized and Simplified Documentation for Housing Finance Property Category For open plots to construct house For Under-Construction For Completed Housing Units

1. Urban Development Authority
2. Allotment (in case of 1 st owner)/Transfer (in subsequent cases sold/purchase) Letter
3. Possession Certificate/Letter
4. Site Plan (to ascertain plot location/surroundings)
5. Permission to Mortgage (PTM)
6. Lien marking letter
7. Allotment/Transfer Letter
8. Possession Certificate/Letter
9. Approved building plan/map
10. PTM
11. Lien marking letter
12. Site Plan
13. Allotment/Transfer Letter
14. Possession Certificate/Letter
15. Approved building plan/map
16. PTM
17. Lien marking letter
18. Site Plan
19. Completion Certificate where applicable
20. Urban Housing Society -do- -do- -do￾3. Urban – Private Housing Scheme
21. Allotment (in case of 1 st owner)/Transfer Letter (in subsequent cases sold/purchase)
22. Possession Certificate/Letter
23. Site Plan (to ascertain plot location/surroundings)
24. PTM
25. Lien marking letter
26. Registered Sale Deed
27. Non Encumbrance Certificate (NEC) where applicable
28. Allotment/Transfer Letter
29. Possession Certificate/Letter
30. Approved building plan/map
31. Permission to Mortgage (PTM)
32. Lien marking letter
33. Site Plan
34. Registered Sale Deed
35. NEC where applicable
36. Allotment/Transfer Letter
37. Possession Certificate/Letter
38. Approved building plan/map
39. PTM
40. Lien marking letter
41. Site Plan
42. Registered Sale Deed
43. NEC where applicable
44. Completion Certificate where applicable
45. Urban – Revenue/Freehold
46. Registered Title Deed/ Sale deed
47. Fard/Ownership Record
48. Site Plan/Aks-e-Shajra
49. Fard for Loan
50. Lien marking letter
51. Registered Title Deed/ Sale deed
52. Fard/Ownership Record
53. Approved building plan/map
54. Fard for Loan
55. Registered Title Deed/ Sale deed
56. Fard/Ownership Record
57. Approved building plan/map
58. Fard for Loan
59. Lien marking letter

Property Category For open plots to construct house For Under-Construction For Completed Housing Units 6. NEC 5. Lien marking letter 6. NEC 6. NEC 7. Completion Certificate where applicable 5. Urban – Special/Legacy Record

1. Available Title/Ownership document in the name of present owner
2. City Survey/Equivalent Record 3.Possession/ Property Identification 4.Succession/Heirship Document, where applicable 5.PTM
3. NEC where applicable
4. Available Title/Ownership document in the name of present owner
5. City Survey/Equivalent Record 3.Possession/ Property Identification 4.Succession/Heirship Document, where applicable 5.PTM 6.Approved building plan/map
6. NEC where applicable
7. Available Title/Ownership document in the name of present owner
8. City Survey/Equivalent Record 3.Possession/ Property Identification 4.Succession/Heirship Document, where applicable 5.PTM 6.Approved building plan/map
9. NEC where applicable
10. Completion Certificate where applicable
11. DHA – Plot/House/Apartment
12. Allotment/Transfer/Lease Document
13. Site Plan, where applicable
14. PTM
15. Lien marking letter
16. Allotment/Transfer/Lease Document
17. Site Plan, where applicable
18. PTM
19. Lien marking letter
20. Approved building plan/map
21. Allotment/Transfer/Lease Document
22. Permission to Mortgage,
23. Lien marking letter
24. Approved building plan/map
25. Site Plan
26. Completion Certificate where applicable
27. Cantonment/MEO – Leasehold
28. Lease/Sub-Lease Document
29. Mutation/Transfer Record
30. Sale/Transfer Deed
31. PTM, where required
32. General Land Register (GLR) extract
33. Lien marking Letter 1.Lease/Sub-Lease Document
34. Mutation/Transfer Record
35. Sale/Transfer Deed
36. PTM, where required
37. General Land Register (GLR) extract 1.Lease/Sub-Lease Document
38. Mutation/Transfer Record
39. Sale/Transfer Deed
40. PTM, where required
41. General Land Register (GLR) extract
42. Lien marking Letter

Property Category For open plots to construct house For Under-Construction For Completed Housing Units 7. Site plan 6. Lien marking Letter 7. Approved plan/map 7. Approved plan/map 8. Completion Certificate where applicable Any other document as required by MEO for perfection of mortgage may also be sought 8. Rural – Revenue Property

1. Latest Title Deed / Sale Deed
2. Current Revenue/Ownership Record
3. Aks-e-Shajra
4. Demarcation report
5. Fard for Loan
6. Lien marking letter
7. NEC
8. Latest Title Deed / Sale Deed
9. Current Revenue/Ownership Record
10. Aks-e-Shajra
11. Demarcation report
12. Fard for Loan 6.Lien marking letter 7.Approved building plan/map
13. NEC
14. Latest Title Deed / Sale Deed
15. Current Revenue/Ownership Record
16. Fard for Loan 4.Lien marking letter 5.Approved building plan/map
17. Demarcation report/Qabza report for joint khata
18. NEC
19. Completion Certificate where applicable
20. Government Housing Scheme
21. Allotment Order
22. Possession Order/Certificate
23. Site Plan
24. PTM
25. Lien Marking Letter
26. Site Plan
27. Allotment Order
28. Possession Order/Certificate
29. Approved map
30. PTM
31. Lien Marking Letter
32. Site Plan
33. Allotment Order
34. Possession Order/Certificate
35. PTM
36. Lien Marking Letter
37. Site Plan
38. Approved Plan/Map
39. Completion Certificate where applicable
40. Evacuee Trust Property
41. Allotment Order/Letter
42. Sale/Title Deed/Transfer Deed
43. Evacuation trust property board permission to mortgage
44. Lien marking letter
45. Site Plan
46. Allotment Order/Letter
47. Sale/Title Deed/ Transfer Deed
48. Evacuation trust property board permission to mortgage
49. Lien marking letter
50. Approved map
51. Allotment Order/Letter
52. Sale/Title Deed/ Transfer Deed
53. Evacuation trust property board permission to mortgage
54. Lien marking letter

Property Category For open plots to construct house For Under-Construction For Completed Housing Units 6. NEC 7. Fard 6. Site Plan 7. NEC 8. Fard 5. Completion Certificate where applicable 6. Site Plan 7. NEC 8. Fard Further, housing finance may be extended against Green Property Certificate issued by Govt. of Punjab or an equivalent certificate issued by the competent authority in other provinces. As these certificates comprehensively verify title, ownership and possession, properties for which such certificate has been issued do not require the submission or presentation of any additional ancestral historical or separate ownership documents.