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Showing posts with the label Mera Ghar Mera Pakistan | New House Loan Scheme

Mera Pakistan Mera Ghar | New House Loan Scheme| State Bank Of Pakistan

  Mera Ghar Mera Pakistan | New House Loan Scheme   State Bank of Pakistan has revised Government’s Markup Subsidy Scheme for Housing Finance (Mera Pakistan Mera Ghar), vide IH&SMEFD Circular No. 03 of 2021 dated March 25, 2021 with   relaxed criteria to increase the opportunity for common person to avail the facility and to promote economic development, employment generation and social wellbeing in the country. Mera Pakistan Mera Ghar shall be available with access to institutionalized housing finance to meet the housing needs. In order to facilitate availability of long-term funding for housing Bank is offering Housing Finance for house up to 125 Sq. Yards (5 Marla) and up to 250 Sq. Yards (10 Marla), flat/apartment with maximum covered area of 1,250 Sq. ft. and 2,000 Sq. ft.  on markup rate as low as 3%, 5% or 7% per annum whereby one individual can have subsidized house loan facility under this scheme only once.   List of Banks Giving Home L...