Mera Pakistan Mera Ghar – Low Cost Housing Finance Scheme
KARACHI: As per the latest data released by the State Bank of Pakistan (SBP), the banking sector has given Rs60mn under low-cost housing Mera Pakistan Mera Ghar Scheme.
Until now, the government has received applications of Rs154bn under the low-cost housing scheme. As of 31st August 2021, the housing finance has increased by 49pc and showing an increase of Rs3.8bn.
According to the details, the commercial banks have approved 38pc of the amount under the received applications while disbursed 19pc of the amount.
The central bank has specified a target for each commercial bank for disbursing the amount under the housing scheme.