{"id":65470,"date":"2020-05-14T16:06:26","date_gmt":"2020-05-14T11:06:26","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=65470"},"modified":"2020-05-14T16:06:28","modified_gmt":"2020-05-14T11:06:28","slug":"hbfc-announces-deadline-rescheduling-restructuring-debt-payments","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/hbfc-announces-deadline-rescheduling-restructuring-debt-payments.html","title":{"rendered":"HBFC announces deadline for rescheduling, restructuring of debt payments"},"content":{"rendered":"\n<p>Lahore: The House Building Finance Company (HBFC) recently announced the deadline for rescheduling\/restructuring of debt payments to provide relief to those affected by the coronavirus lockdown \u2014 a news source reported.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/sbp-asked-divest-hbfc-shareholdings.html\" target=\"_blank\" rel=\"noreferrer noopener\">SBP asked to divest its HBFC shareholdings<\/a><\/p>\n\n\n\n<p>The deadline to submit the application to delay the payment of the principal debt amount has been set at June 30, 2020; while the application for restructuring\/rescheduling debt payments can be submitted by March 31, 2021.&nbsp; &nbsp;<\/p>\n\n\n\n<p>The relief package allows for a delay in repayment of debt for up to 12 months, and also contains provisions for restructuring and rescheduling of the debts \u2014 permitting debtors to make their payments regularly.<\/p>\n\n\n\n<p>Interested parties can visit their nearest HBFC branch for queries, more information, and to submit applications. You can also visit HBFC\u2019s website for additional details.<\/p>\n\n\n\n<p>Read: <a href=\"HBFC to provide home loans to govt employees\" target=\"_blank\" rel=\"noreferrer noopener\">NPHP HBFC to provide home loans to govt employees<\/a><\/p>\n\n\n\n<p>With millions of people facing financial difficulties due to the coronavirus lockdown and its impact on the economy, the relief package is expected to provide the debtors and the HBFC\u2019s clients more time to pay their debts once the economic situation has improved.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lahore: The House Building Finance Company (HBFC) recently announced the deadline for rescheduling\/restructuring of debt payments to provide relief to those affected by the coronavirus lockdown \u2014 a news source reported. Read: SBP asked to divest its HBFC shareholdings The deadline to submit the application to delay the payment of the principal debt amount has been set at June 30, 2020; while the application for restructuring\/rescheduling debt payments can be submitted by March 31, 2021.&nbsp; &nbsp; The relief package allows for a delay in repayment of debt for up to 12 months, and also contains provisions for restructuring and rescheduling of the debts \u2014 permitting debtors to make their payments regularly. Interested parties can visit their nearest HBFC branch for queries, more information, and to submit applications. You can also visit HBFC\u2019s website for additional details. Read: NPHP HBFC to provide home loans to govt employees With millions of people facing financial difficulties due to the coronavirus lockdown and its impact on the economy, the relief package is expected to provide the debtors and the HBFC\u2019s clients more time to pay their debts once the economic situation has improved.<\/p>\n","protected":false},"author":57,"featured_media":65476,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[29112,29113],"persona":[],"class_list":{"0":"post-65470","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-hbfc-announces-deadline-for-rescheduling","9":"tag-restructuring-of-debt-payments","10":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>HBFC announces deadline for restructuring debts - Zameen News<\/title>\n<meta name=\"description\" content=\"Lahore: The House Building Finance Company (HBFC) recently announced the deadline for rescheduling\/restructuring of debt payments to provide relief to those affected by the coronavirus lockdown \u2014 a news source reported.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/hbfc-announces-deadline-rescheduling-restructuring-debt-payments.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HBFC announces deadline for restructuring debts - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Lahore: The House Building Finance Company (HBFC) recently announced the deadline for rescheduling\/restructuring of debt payments to provide relief to those affected by the coronavirus lockdown \u2014 a news source reported.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/hbfc-announces-deadline-rescheduling-restructuring-debt-payments.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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