Regulatory Alerts2026-06-17 | SH&SFD Circular Letter No. 04 of 2026Added · Updated
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