Informal Income Estimation Models

Banks, DFIs, and MFBs must apply existing informal income estimation models to assess income and repayment capacity for applicants under the Wazir-e-Azam's Apna Ghar Program. This requirement extends the scope of models previously developed for low-cost housing finance applicants with informal income sources. Institutions are required to disseminate these instructions across their branch networks and housing finance teams.

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SH&SFD Circular Letter No. 04

Informal Income Estimation Models

June 17, 2026

37814

The Presidents/ Chief Executives All Banks/DFIs/MFBs

Dear Sir/Madam,

Informal Income Estimation Models

Please refer to IH&SMEFD Circular No. 07 of 2021 whereby all banks/DFIs were advised to develop and deploy income estimation models/proxy models for assessment of income and repayment capacity for low-cost housing finance applicants with informal sources of income. 2. The banks/DFIs/MFBs shall use the same model for assessment of income and repayment capacity of the applicants under Wazir-e-Azam's Apna Ghar Program. 3. Please ensure dissemination of these instructions across your branch network and the housing finance team(s).

Yours sincerely,

Dr. Muhammad Saleem Head of Department

Home — Circulars — SH&SFD Circular Letter No. 04

Informal Income Estimation Models

June 17, 2026

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