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PM Asks SBP, NBP to relax the Housing Finance Terms

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PM Asks SBP, NBP to relax the Housing Finance Terms

“I instruct Governor State Bank Reza Baqir and President National Bank Arif Usmani that banks provide ease to the house loan seekers,” (PM Imran)
Several callers complained during the NAB’s Virtually telethon on March 21, about lengthy and complicated process of applying and obtaining house loans under the government’s mortgage financing scheme. Prime Minister Imran Khan has directed the State Bank of Pakistan (SBP) and National Bank of Pakistan (NBP) to soften terms of housing loan so that people can get maximum benefit of the government’s flagship Naya Pakistan Housing Programme (NPHP) to build their houses.
PM also mentioned that first time in Pakistan people in salaried class or the people with low cash are getting the opportunity to hold their own houses.

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