ISLAMABAD: Prime Minister (PM) Imran Khan, while observing that people have been difficulties in seeking loans under Naya Pakistan Housing Programme, has instructed banks to simplify the process to facilitate the masses.
PM Imran, who is self-isolating after testing positive for Covid-19 earlier this month, was virtually addressing the National Bank of Pakistan’s (NBP) telethon on low cost housing held on Sunday.
Simultaneously aired on Pakistan Television and different private channels, the telethon was attended by Senator Shibli Faraz, Chairman of Naya Pakistan Housing and Development Authority Lt. General (r) Anwar Ali Hyder, State Bank of Pakistan (SBP) Governor Reza Baqir, NBP President Arif Usmani and SBP Executive Director Samar Hasnain.
The PM said that the NBP, being the premier bank of the country, should also instruct its staffers to facilitate the loan applicants, observing that the bank employees were not in habit of extending easy loans to cashless people.
He said that although it is a regular practice in European countries, it is for the first time in Pakistan’s history that salaried individuals are being given a chance to own a house.
“Once people start building homes, there will a boom in the construction industry which will bring about a revolutionary change in Pakistan. The construction of homes, besides revenue generation, will lead to job creation,” he said.
“Our country is in deep debt. We have to look for ways to add to our nation’s wealth,” the premier added.
Earlier on Friday, PM Imran Khan had decided to increase the scheme’s loan limit by 100 per cent.
The decision was announced by PTI Senator Faisal Javed Khan, who added on Twitter that discounted markup rate has also been reduced to 3pc and 5pc.
Earlier on March 18, the premier had allotted 1,008 flats and 500 houses for poor workers and widows on low-cost mortgages in a bid to uplift the weaker segments of society.
The prime minister said the rent paid would be converted into installments of the total cost of the house or flat under the mortgage system, in addition to ensuring that the markup rate does not exceed 5pc.
He assured to allocate more funds for the housing programme with the increase in the revenue of the government so that the working and the salaried class could build their houses.
Constructed in Zone V of the federal capital and around 15 minutes drive from the Islamabad Expressway, the multi-storey units will provide a decent living for small families with electricity, natural gas, and water supply. Each housing unit comes with a living room, two bedrooms a kitchen, and a bath.
It is pertinent to mention here that around 3,000 labourers had got themselves registered, while 1,500 of them were able to obtain housing on the basis of an open ballot, in the first phase.
Under the project, disabled persons will also be provided with housing units.
The project aims at providing accommodation to people with an annual income of less than Rs500,000.
In Azad Kashmir Banks are only facilitating Government employees only and common people are being discarded by all the Banks Branches at Muzaffarabad AJK especially.
Same in punjab
In Azad Kashmir Banks are facilitating Government employees only wherea common people are being discarded by all the Banks Branches especially at Muzaffarabad AJK . Most probably people are facing such defiance by all the Banks Branches in the whole of Azad Jammu and Kashmir. State Bank of Pakistan have to take the strict notice of my comments and have to take drastic measures to esure the best remedial steps to make the Naya Pakistan Housing Loan available to everyone in Azad Jammu and Kashmir especially in Muzaffarabad AJK.
The project needs to expand further.
Very nice
Salam All in Previous Loan Scheme banks are not cooperate with people and bank officer said if your salary is above 30k with 2 year salary slip, and what about those people who salary on cash then i dont understand how i get loan from banks plz concern person reply
Banks in Sargodha are only facilitating government permanent employees. By their saying contractual employee cannot apply or salary should be at least 30000. Are they doing right?
Meri na job hai na hi zameen hai joint family hai magr meri shadi nhe huwi m is loan jo k housing k liye hai kasy ly sakta hun plzzz help me mjhy apna ghar chahye .
sIR JI AGAR MUJE LOAN CHYE HO TO KIA PROCESS HY MHARBANI FARMA KAR ACHI TRANH GUIDE KAREN TAKE HAM LOGO KO MALOOM HO SAKEY KEY HAM LOAN KASE LAY SAKTE HEN OR YE BE BTADEN KAY GOVERNEMNT EMPLOYEES HI LOAN LASAKTA HY YA KOI B YANI KAY BUSSINESS MAN JO KAY APNI DOKAN LAKR BETHA HY PR OSKAY PAS APNA GHAR NHI HY WO GHAR LANA CHATA HY TO OSKA KIA TARIQAKAR HY
sir muje loan chye kia taiqa hy or kase ada karna hy is may sood to nhi hy na mahrbani kar kay btaden
DEAR SIR
MIRA IK GHAREEB GARANI SI TALOQ HAIN . AOR MOJAY LOAN K ZARORAT HAIN ,
AP K MIHROBANI HOGE K MOJAY KOCH LOAN MIL JAY K MI APNA LAI KOCH APNA GAHR BANLOW .JAGA MIRA PAS HAIN , BAS BANNI KALI KOCH PAYMENT K ZARORAT HAIN
YA AGAR KOYE KAROBAR KALI MIL JAY MIRA CHOTA SA SHOP HAIN GOZARA HORAHAIN , LKEN AMDNI KAPEE KAM HAIN , ,KHOCH LOAN K BANDOBAST HOJY TU LIFE EZY HOJYGA
sir muje loan chye kia taiqa hy or kase ada karna hy is may sood to nhi hy na mahrbani kar kay btaden
jin logo ki job nh ya penshan pay hy who kisa apply kr sakta hy ?
bank wla To baat nh sunta ?
In Pakistan only loan can apply govt job holder or big business man
Me govt job holder houn plzz me kis trha apply kron
We have applied for a loan to build our own house and we have submitted all the documents in the bank.But they gave us no loan. We are still waiting for the loan. CNIC: 35202_2828064_7
sir.merai.pas.to.bank balance.hi.kuch.nhi.hai na bank.mai.paisai.hain or.is.scheme.mai.itna.hard.proccedure hai.kai.ghreab admi.offord nhi.kar sakta.kindly.help.me.merai.pas.gher tk.nhi.hai.rehnai.kailia.rent ka.gher hai na.salary itni.hai kai.kuch.bacha.kar.gher laita 2 beatiyan hain.unki.kifalat.be karni hai private.job karta hn
Lone house
I want this loan
I want house
I want this loan
5 yers
Ya to galat bat ha ghreeb ka to es ma koi faida ni ha ……ghreeeb kkay liyae b kch soch lyein …….ghreeb ka to pait sath lag gaya ha sath kia lagna na dykhnay kay brabar ha so sir mri request ha plz agr loan dyna he ha unko moqa dyein jo kch krna chaha rahy unka b bhalla ho jyae ga r jo berozgaar rozi krein gay hmry mulak ko b faida ho ga …….hamari jeneration agay gaye to samjein hamara mulak taraqi kr gaya plz mra cmnt jo jo prdy mention kry plz awaaz othao apny liyae dosroan kay liyae jen kay pas awaz ni mobile ni jen ko itni rasai ni hasil
Loan scheeme ka maqsad kia ha sub say phly eska jwb diya jyae …… Jab ghreeb ko koi faida ni eska to phr ese scheeme ka maqsad
i applied for loan n submit all the necessary documents at BOP n its more than 6months now n still zero responce.
Help me
Dear PM,
Thanks for the people who resident since last 30 years rental house and yours decision I appreciate to you.
Please tell me if someone already have bank loan but paying house rent monthly 35K so what is the procedure is any banker give the house purchase loan.
I am resident in Karachi south area and appreciate your decision is this policy by provinces what is the process for Sindh.
Karobar lone
Rent_a-car
Lone for
Rent a car
Sir g main MA islamyat ka student hun kamany Wala koi ni hy nokari ki zarurt hy ap ka ahsan ho gha
Need to job