Lahore: The Faysal Bank, through a notification in a news publication on Wednesday (October 28), shared its own version of the Naya Pakistan Housing Programme (NPHP) loan — with their initiative called ‘Faysal Tabeer’.
According to the details available, Faysal Tabeer has been launched in collaboration with the federal government and the State Bank of Pakistan, which provides shariah compliant housing loans as a part of the government’s aforementioned flagship housing project.
The following are some of the initiatives major features:
First-time home owners are eligible
The financing tenure can extend up to a period of 20 years
For construction and purchase of affordable housing units
