{"id":69114,"date":"2020-08-11T10:00:00","date_gmt":"2020-08-11T05:00:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=69114"},"modified":"2020-08-11T09:47:34","modified_gmt":"2020-08-11T04:47:34","slug":"sbp-extends-loan-limit-low-cost-housing-finance","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/sbp-extends-loan-limit-low-cost-housing-finance.html","title":{"rendered":"SBP extends loan limit for low-cost housing finance"},"content":{"rendered":"\n<p>Islamabad: The State of Bank of Pakistan (SBP) on Monday announced that it had extended the loan limit for low-cost housing finance, a news source reported. The central bank extended the limit of housing finance and microenterprise loans to PKR 3 million from the existing PKR 1 million ceiling.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/sbp-allows-banks-expand-islamic-banking-window-operations.html\" target=\"_blank\" rel=\"noreferrer noopener\">SBP allows banks to expand Islamic Banking Window operations<\/a><\/p>\n\n\n\n<p>The announcement comes as part of SBP\u2019s effort aimed at promoting low-cost housing finance in the country. In a similar move, the bank also increased the maximum size of general loans to PKR 350,000 from PKR 150,000. Furthermore, it enhanced the annual income eligibility to obtain general and housing loans to PKR 1.2 million and PKR 1.5 million, respectively.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/banks-assistance-sought-on-privatisation-of-balloki-haveli-bahadur-power-plants.html\" target=\"_blank\" rel=\"noreferrer noopener\">Banks\u2019 assistance sought on privatisation of Balloki, Haveli Bahadur power plants<\/a><\/p>\n\n\n\n<p>SBP stated that it increased the limit for housing finance since the existing one was insufficient for promoting low-cost housing finance via Microfinance Banks. The central bank has also expanded its relief package \u2013 featuring deferment of principal and restructuring of microfinance loans \u2013 for these banks to help them overcome the impact of the ongoing COVID-19 pandemic.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The State of Bank of Pakistan (SBP) on Monday announced that it had extended the loan limit for low-cost housing finance, a news source reported. The central bank extended the limit of housing finance and microenterprise loans to PKR 3 million from the existing PKR 1 million ceiling. Read: SBP allows banks to expand Islamic Banking Window operations The announcement comes as part of SBP\u2019s effort aimed at promoting low-cost housing finance in the country. In a similar move, the bank also increased the maximum size of general loans to PKR 350,000 from PKR 150,000. Furthermore, it enhanced the annual income eligibility to obtain general and housing loans to PKR 1.2 million and PKR 1.5 million, respectively. Read: Banks\u2019 assistance sought on privatisation of Balloki, Haveli Bahadur power plants SBP stated that it increased the limit for housing finance since the existing one was insufficient for promoting low-cost housing finance via Microfinance Banks. The central bank has also expanded its relief package \u2013 featuring deferment of principal and restructuring of microfinance loans \u2013 for these banks to help them overcome the impact of the ongoing COVID-19 pandemic.<\/p>\n","protected":false},"author":68,"featured_media":60606,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15013],"tags":[36739],"persona":[],"class_list":{"0":"post-69114","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-construction","8":"tag-details-on-sbp-extends-loan-limit-for-low-cost-housing-finance","9":"cat-15013-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SBP extends loan limit for low-cost housing finance - Zameen News<\/title>\n<meta name=\"description\" content=\"The State of Bank of Pakistan (SBP) on Monday announced that it had extended the loan limit for low-cost housing finance, 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\/sbp-extends-loan-limit-low-cost-housing-finance.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SBP extends loan limit for low-cost housing finance - Zameen News\" \/>\n<meta property=\"og:description\" content=\"The State of Bank of Pakistan (SBP) on Monday announced that it had extended the loan limit for low-cost housing finance, a news source reported.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/sbp-extends-loan-limit-low-cost-housing-finance.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2020-08-11T05:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/01\/SBP.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1170\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Safina Sultan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Safina Sultan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"SBP extends loan limit for low-cost housing finance - Zameen News","description":"The State of Bank of Pakistan (SBP) on Monday announced that it had extended the loan limit for low-cost housing finance, a news source reported.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zameen.com\/news\/sbp-extends-loan-limit-low-cost-housing-finance.html","og_locale":"en_US","og_type":"article","og_title":"SBP extends loan limit for low-cost housing finance - Zameen News","og_description":"The State of Bank of Pakistan (SBP) on Monday announced that it had extended the loan limit for low-cost housing finance, a news source reported.","og_url":"https:\/\/www.zameen.com\/news\/sbp-extends-loan-limit-low-cost-housing-finance.html","og_site_name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","article_publisher":"https:\/\/www.facebook.com\/ZameenPK","article_published_time":"2020-08-11T05:00:00+00:00","og_image":[{"width":1170,"height":400,"url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/01\/SBP.jpg","type":"image\/jpeg"}],"author":"Safina Sultan","twitter_card":"summary_large_image","twitter_creator":"@ZameenProperty","twitter_site":"@ZameenProperty","twitter_misc":{"Written by":"Safina Sultan","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.zameen.com\/news\/sbp-extends-loan-limit-low-cost-housing-finance.html#article","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/sbp-extends-loan-limit-low-cost-housing-finance.html"},"author":{"name":"Safina Sultan","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/0f7ad58ef43a9c16d70bfd31d586f512"},"headline":"SBP extends loan limit for low-cost housing finance","datePublished":"2020-08-11T05:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/www.zameen.com\/news\/sbp-extends-loan-limit-low-cost-housing-finance.html"},"wordCount":189,"commentCount":0,"publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"image":{"@id":"https:\/\/www.zameen.com\/news\/sbp-extends-loan-limit-low-cost-housing-finance.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/01\/SBP.jpg","keywords":["details on SBP extends loan limit for low-cost housing finance"],"articleSection":["Construction"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.zameen.com\/news\/sbp-extends-loan-limit-low-cost-housing-finance.html#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.zameen.com\/news\/sbp-extends-loan-limit-low-cost-housing-finance.html","url":"https:\/\/www.zameen.com\/news\/sbp-extends-loan-limit-low-cost-housing-finance.html","name":"SBP extends loan limit for low-cost housing finance - Zameen News","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.zameen.com\/news\/sbp-extends-loan-limit-low-cost-housing-finance.html#primaryimage"},"image":{"@id":"https:\/\/www.zameen.com\/news\/sbp-extends-loan-limit-low-cost-housing-finance.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/01\/SBP.jpg","datePublished":"2020-08-11T05:00:00+00:00","description":"The State of Bank of Pakistan (SBP) on Monday announced that it had extended the loan limit for low-cost housing finance, a news source reported.","breadcrumb":{"@id":"https:\/\/www.zameen.com\/news\/sbp-extends-loan-limit-low-cost-housing-finance.html#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.zameen.com\/news\/sbp-extends-loan-limit-low-cost-housing-finance.html"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/sbp-extends-loan-limit-low-cost-housing-finance.html#primaryimage","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/01\/SBP.jpg","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/01\/SBP.jpg","width":1170,"height":400},{"@type":"BreadcrumbList","@id":"https:\/\/www.zameen.com\/news\/sbp-extends-loan-limit-low-cost-housing-finance.html#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.zameen.com\/news"},{"@type":"ListItem","position":2,"name":"SBP extends loan limit for low-cost housing finance"}]},{"@type":"WebSite","@id":"https:\/\/www.zameen.com\/news\/#website","url":"https:\/\/www.zameen.com\/news\/","name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","description":"","publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.zameen.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.zameen.com\/news\/#organization","name":"Zameen.com","alternateName":"Zameen","url":"https:\/\/www.zameen.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","width":600,"height":300,"caption":"Zameen.com"},"image":{"@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ZameenPK","https:\/\/x.com\/ZameenProperty","https:\/\/www.instagram.com\/zameenpk\/"]},{"@type":"Person","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/0f7ad58ef43a9c16d70bfd31d586f512","name":"Safina Sultan","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/41ef23ce0eab3597842e7f43d50bc919f73ac1f4e11afa5f19ca36f6e55f832f?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/41ef23ce0eab3597842e7f43d50bc919f73ac1f4e11afa5f19ca36f6e55f832f?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/41ef23ce0eab3597842e7f43d50bc919f73ac1f4e11afa5f19ca36f6e55f832f?s=96&d=mm&r=g","caption":"Safina Sultan"},"description":"Safina Sultan is a Content Developer at Zameen.com.","url":"https:\/\/www.zameen.com\/news\/author\/safina"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/69114","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/users\/68"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/comments?post=69114"}],"version-history":[{"count":3,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/69114\/revisions"}],"predecessor-version":[{"id":69123,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/69114\/revisions\/69123"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media\/60606"}],"wp:attachment":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media?parent=69114"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/categories?post=69114"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/tags?post=69114"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/persona?post=69114"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}