House Building Finance Company

House Building Finance Company Limited (HBFCL), (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.

History
House Building Finance Company was founded in 1951. Before the independence of East Pakistan, it was headquartered in Dacca. 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.

Privatization
The Cabinet Committee on Privatisation (CCoP) approved transaction structures for the privatization of House Building Finance Company Ltd.

Ghar Pakistan Scheme - GPS
Housing financing for midlevel income persons.

Ghar Pakistan Plus Scheme - GPS Plus
Special scheme for construction of house with Higher income persons.

Ghar Sahulat Scheme - GSS
The scheme is used for house purchasing or construction.

HBFC Khaas
Special Scheme for Widows, Children of Martyrs of special forces, special persons, Transgenders.

Mera Pakistan Mera Ghar Scheme
Government's Markup subsidise scheme.

Ghar Ujala Scheme
Home solar system scheme from 3KW to 20KW up to 10 years.