{
  "id": 2282491,
  "title": "SBP extends housing loan tenor to 30 years",
  "url": "https://urgent.news/2026/08/21/sbp-extends-housing-loan-tenor-to-30-years",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-21T02:07:11.000Z",
  "source": {
    "name": "Dawn Business",
    "slug": "dawn-business",
    "url": "https://www.dawn.com/news/2024210/sbp-extends-housing-loan-tenor-to-30-years"
  },
  "original_language": "en",
  "account": "Karachi: The State Bank of Pakistan has extended the maximum loan tenor for housing finance to 30 years, up from the previous 20 years. This change comes after the bank introduced amendments to prudential regulations. According to the SBP, the maximum loan-to-value ratio for housing finance is now set at 90:10. The biggest challenge was the scarcity of long-term deposits, which banks had previously argued against extending loans beyond five years. The new regulations stipulate that the total monthly amortisation payments, including housing finance and other consumer financing obligations, must not exceed 65 percent of a borrower's net disposable income. Banks and Development Finance Institutions will use informal-income estimation models provided by the Pakistan Banks' Association to assess income and repayment capacity for housing finance. The revised rules also mandate banks and DFIs to use standardized, simplified loan application forms with all necessary processing documents listed in both Urdu and English.",
  "summary": "KARACHI: After introducing amendments to the prudential regulations, the State Bank of Pakistan (SBP) has extended the maximum tenor for housing finance up to 30 years from 20 years. “The maximum tenor for housing finance shall be 30 years,” said the amended regulations by the State Bank. The biggest obstacle has been the lack of long-term deposits. Banks kept arguing that they could not extend…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}