{"id":75209,"date":"2021-03-29T14:35:03","date_gmt":"2021-03-29T09:35:03","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=75209"},"modified":"2021-03-29T14:35:07","modified_gmt":"2021-03-29T09:35:07","slug":"pm-urges-banks-to-simplify-loans-issuance-process","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/pm-urges-banks-to-simplify-loans-issuance-process.html","title":{"rendered":"PM urges banks to simplify loans issuance process for applicants of low-cost housing"},"content":{"rendered":"\n<p>Islamabad: Prime Minister (PM) Imran Khan on Sunday instructed all banks participating in the Naya Pakistan Housing Programme (NPHP) to make it easier and accessible for the applicants to obtain loans under the subsidised markup home finance scheme, according to news sources.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/sbp-amends-regulations-to-aid-the-housing-sector.html\">SBP amends regu<\/a><a href=\"https:\/\/www.zameen.com\/news\/sbp-amends-regulations-to-aid-the-housing-sector.html\" target=\"_blank\" rel=\"noreferrer noopener\">l<\/a><a href=\"https:\/\/www.zameen.com\/news\/sbp-amends-regulations-to-aid-the-housing-sector.html\">ations to aid the housing sector<\/a><\/p>\n\n\n\n<p>Addressing a live telethon, the PM termed NPHP as the \u2018most important project for the country\u2019s future\u2019 and urged the State Bank of Pakistan (SBP)\u2019s governor and president of National Bank of Pakistan (NBP) to facilitate people in obtaining loans.<\/p>\n\n\n\n<p>He went on to say that for the first time in Pakistan, salaried individuals were being offered a chance to own a house. He further said that once NPHP applicants start construction of their homes, there will be boom in the construction industry \u2013 which will uplift the economic condition of Pakistan.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/sbp-launches-service-desk-portal-for-complaint-resolution.html\" target=\"_blank\" rel=\"noreferrer noopener\">Mera Pakistan Mera Ghar: SBP launches service desk portal for complaint resolution<\/a><\/p>\n\n\n\n<p>In a related development, PM Khan announced the government\u2019s decision to <a href=\"https:\/\/www.zameen.com\/news\/sbp-announces-major-changes-in-housing-finance-scheme.html\" target=\"_blank\" rel=\"noreferrer noopener\">increase the scheme\u2019s loan limit <\/a>by 100%, whereas the discounted markup rate has also been reduced to 3% and 5%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: Prime Minister (PM) Imran Khan on Sunday instructed all banks participating in the Naya Pakistan Housing Programme (NPHP) to make it easier and accessible for the applicants to obtain loans under the subsidised markup home finance scheme, according to news sources. Read: SBP amends regulations to aid the housing sector Addressing a live telethon, the PM termed NPHP as the \u2018most important project for the country\u2019s future\u2019 and urged the State Bank of Pakistan (SBP)\u2019s governor and president of National Bank of Pakistan (NBP) to facilitate people in obtaining loans. He went on to say that for the first time in Pakistan, salaried individuals were being offered a chance to own a house. He further said that once NPHP applicants start construction of their homes, there will be boom in the construction industry \u2013 which will uplift the economic condition of Pakistan. Read: Mera Pakistan Mera Ghar: SBP launches service desk portal for complaint resolution In a related development, PM Khan announced the government\u2019s decision to increase the scheme\u2019s loan limit by 100%, whereas the discounted markup rate has also been reduced to 3% and 5%.<\/p>\n","protected":false},"author":75,"featured_media":69635,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15016,15017],"tags":[45599,17184,45600],"persona":[],"class_list":{"0":"post-75209","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-developments","8":"category-notices-announcements","9":"tag-low-cost-housing-finance","10":"tag-naya-pakistan-housing-programme-nphp","11":"tag-subsidised-markup-rate","12":"cat-15016-id","13":"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>PM urges banks to simplify loans issuance process - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: Prime Minister (PM) Imran Khan on Sunday instructed all banks participating in the Naya Pakistan Housing Programme (NPHP) to make it easier and\" \/>\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\/pm-urges-banks-to-simplify-loans-issuance-process.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PM urges banks to simplify loans issuance process - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: Prime Minister (PM) Imran Khan on Sunday instructed all banks participating in the Naya Pakistan Housing Programme (NPHP) to make it easier and\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/pm-urges-banks-to-simplify-loans-issuance-process.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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