A loan of up to Rs 10 million can now be taken to build your own house: Deputy Governor SBP
ISLAMABAD: Deputy Governor SBP Seema Kamil has explained how to take loans from banks to build his house.
Talking to media, Deputy Governor SBP Seema Kamil said that now a loan of up to Rs 10 million can be taken for building a house. has been done. Since then, the pace of borrowing has accelerated.
Seema Kamil said that a loan of Rs 1.5 million is being given every week and this pace will gradually increase. The process for getting a home loan is not the same as for a car.
He said that for those who live in cities, the previous loan of Rs. 3.5 million was very low for them but now it has been made easier for them as well.
Seema Komal said it was easy for salaried people to get a loan but it was very difficult for a small shopkeeper as he could not give details of his income. He said the bank had developed a mechanism for such people. That is, if you can't tell the income and your expenses, you can tell how much you are paying the bill or how much you are paying the children's fees. From such expenses, the bank will give a loan based on their income.
Deputy Governor SBP Pakistan said that in case of any problem in getting loan from banks, SBP has set up 16 grievance centers in this regard where applications can be lodged against banks.
He said that in order to take a loan from a bank to build a house, it is no longer necessary to have an account but those who want to take a loan should contact their nearest bank. Contact the bank with an ID card, two photos and details of your expenses.
Seema Komal said that a simple application has to be filled in the bank that they want to take a loan on which the bank will inform the applicant within 30 days whether you can get the loan or not and the application will not be rejected without any reason. Will be able
"In our country, if there is a joint family system, two or more household earners can take a loan together," he said.
0 Comments