SBP’s event to provide house financing information State Bank of Pakistan

SBP’s event to provide house financing information

KARACHI: The State Bank of Pakistan (SBP), in collaboration with banks, is organizing a two-day exhibition in Faisalabad on March 19, 2022 to provide information on house financing.

The State Bank of Pakistan is organizing a two-day Mera Pakistan Mera Ghar (MPMG) Mela at Circle Club Faisalabad on March 19 and 20, 2022, a statement said on Thursday.

READ MORE: SBP relaxes financing for under construction houses

The Mela will remain open for public from 11:00 am to 08:00 pm on both days. SBP is organizing this event in collaboration with banks and NAPHDA.

READ MORE: Bank Alfalah tops in house financing under MPMG

In the Mela banks will provide information on the MPMG financing facility whereas builders, developers and real estate agents will showcase the various projects in which the people could purchase housing units or apartments using the financing facility.

The residents of Faisalabad who want to purchase/construct their own house will have an opportunity to obtain information about their eligibility for availing the subsidized housing finance, their monthly installments based on amount of financing and monthly income.

READ MORE: SBP launches webpage for promoting house financing

They will also be able to apply for financing from the banks, which may give an in-principal approval then and there provided the required information is provided to them.

The Mela offers free entry and parking for the families besides other attractions including opportunities to win valuable prizes through open draw, daily live music concert by renowned singers, food stalls, and an activity packed fun-area for kids and young ones.

READ MORE: SBP launches electronic warehouse receipt financing