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Cheap Housing Loans Surge 245% And Disbursements 333%

Financing approved under the Prime Minister’s Apna Ghar Program has jumped 245 percent since June 2026 to Rs. 511 billion, … Read More The post Cheap Housing Loans Surge 245% And Disbursements 333% appeared first on ProPakistani .

Cheap Housing Loans Surge 245% And Disbursements 333%

The Prime Minister's Apna Ghar Program has seen a dramatic surge in financing, with approvals increasing by 245 percent and disbursements growing by 333 percent since June 2026, according to Khurram Schehzad, Advisor to the Finance Minister. In October 2026, approved financing reached Rs. 511 billion, up from Rs. 148 billion in June.

Disbursements climbed even higher, reaching Rs. 91 billion from Rs. 21 billion during the same period. The approval rate improved to 40 percent from 28 percent in June, a 12 percentage point increase. As of October 23, 2026, banks had received 217,001 applications under the program, with 86,896 applications approved and 15,584 housing loans disbursed.

The approval rate's improvement to 40 percent reflects the growing trust in the scheme. At the Access to Finance (A2F) Steering Committee meeting chaired by Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb, the progress in housing finance was discussed, along with measures to accelerate disbursements and tackle housing supply constraints.

Despite the rapid growth in disbursements, only about 18 percent of the approved financing has reached borrowers so far. The government aims to finance 150,000 homes under the scheme by June 2027.

Written by urgent.news from ProPakistani's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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