RegAlert2026-04-28 | SH&SFD Circular No. 02 of 2026Added · Updated
Facilitation in Implementation of Wazir-e-Azam's Apna Ghar Program-Ghar Ho Tu Apna
Banks and Housing Finance Companies must cap the total monthly debt burden ratio at 65% of the prospective borrower's net disposable income. Property assessments for values up to Rs. 5.0 million may be conducted using internal resources, while those above this threshold require valuation by a PBA-approved panel member. Credit approval processes must be completed within 15 working days from the receipt of a complete application, with relevant prudential regulations HF-3 and HF-7 relaxed to accommodate these requirements.
SBP published 3 documents in the last 30 days — get each new one by email the day it lands.
Home
Circulars
SH&SFD Circular No. 02
Facilitation in Implementation of Wazir-e-Azam's Apna Ghar Program-Ghar Ho Tu Apna
April 28, 2026
43550
The Presidents/ Chief Executives All Banks/HBFCL
Dear Sir/Madam,
Facilitation in Implementation of Wazir-e-Azam's Apna Ghar Program-Ghar Ho Tu Apna
Please refer to SH&SFD Circular No. 03 of 2025 and SH&SFD Circular Letter No. 1 of 2026 regarding the subject program. 2. In order to provide further facilitation in implementation of the subject program, the following has been decided:
Debt Burden Ratio: Total monthly amortization payments, including the housing finance under consideration and repayment obligations against all other consumer financings, should not exceed 65% of the net disposable income of the prospective borrower.
Property Assessment: For the properties having market value up to Rs. 5.0 million, banks/HBFCL can use their internal resources to assess the property. For the properties having market value above Rs. 5.0 million should be subject to assessment of the property by at least one valuator listed on PBA approved panel.
Turnaround Time: Banks/HBFCL shall not take more than 15 working days for the credit approval process (from the date of receipt of application under the scheme along with complete information).
- For the purpose of the subject program, prudential regulations of housing finance (HF-3 and HF-7) have been relaxed to the extent mentioned above. 4. Banks/HBFCL shall ensure meticulous compliance with the above instructions.
Yours sincerely,
Najm-us-Saqib Shabbir Additional Director
Home — Circulars — SH&SFD Circular No. 02
Facilitation in Implementation of Wazir-e-Azam's Apna Ghar Program-Ghar Ho Tu Apna
April 28, 2026
Read the rest free
Lineage: In force
Source: State Bank of Pakistan — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works