Roshan Apna Ghar scheme for overseas Pakistanis SBP plans
The State Bank of Pakistan will be launching this week a new product, Roshan Apna Ghar, for non-resident Pakistanis for the acquisition of property in Pakistan. Non-resident Pakistanis can now purchase or obtain financing for a house in Pakistan through Roshan Digital Account (RDA). Overseas Pakistanis can now buy a house in Pakistan through the Roshan Digital Account.
Roshan Apna Ghar is the new lifestyle banking product in the same category. Non-resident Pakistanis can now easily buy or obtain financing with the comfort of sitting in their houses abroad without the need to visit a bank branch. They can buy or finance a house from bank’s pre-approved projects or any other property. The tax regime is simple and final. In case of sale of property, the principal amount invested can be remitted abroad without needing any permission.” The profit rates are attractive. Financing is available in both conventional and Shariah-compliant versions.
apna ghar housing scheme installment plan
These accounts give innovative banking solutions for millions of Non-Resident Pakistanis seeking to undertake Pakistan’s trading, installment, and financing activities.
Under the scheme, many financial products have been provided to the non-resident Pakistanis, including the Naya Pakistan Certificate for investment, the Roshan Apni Car for car financing, and the Roshan Samaaji Khidmat for donation and charities.
The Roshan Apna Ghar is the new lifestyle banking scheme in the same category. Non-resident Pakistanis can now easily purchase or receive financing from sitting in their houses abroad.
They can purchase or finance a house from the bank’s pre-approved projects or other property without visiting a bank branch.
The tax process is simple. In the case of selling the property, the capital amount invested can be remitted abroad without needing approval. Financing is available in both conventional and Shariah-compliant variants, along with attractive profit rates.
The initiative was taken after the overwhelming success of the Roshan Digital Accounts and various relevant features to facilitate expatriate Pakistanis.