|
Best Friends Grooming Message Board >
Mera Pakistan Mera Ghar (MPMG): Government-Funded
Mera Pakistan Mera Ghar (MPMG): Government-Funded
Post all your Pet Questions, Comments, Tips, Suggestions, Events, Promotions Here!
Page:
1
Adam Josh
8 posts
Jul 08, 2025
4:18 AM
|
The Mera Pakistan Mera Ghar (MPMG) scheme is a government-backed housing finance program, supported by funding from the Government of Pakistan through the State Bank of Pakistan (SBP). This funding plays a central role in reducing the financial burden on borrowers by offering long-term, low-cost loans to make homeownership more accessible for low- and middle-income individuals.
The government provides a subsidy on the interest (mark-up) rate, which significantly lowers monthly payments for borrowers. This subsidy is funded directly by the government and is disbursed to participating banks to cover the difference between market rates and the subsidized rates offered to customers. For instance, borrowers in Tier 1 enjoy a 3% fixed mark-up for the first five years and 5% for the next five—substantially below market levels. In higher tiers, the subsidized rates remain similarly attractive.
To encourage banks to participate actively, the government also funds incentives and applies credit risk coverage for eligible borrowers, ensuring that financial institutions face minimal risk when lending under the scheme.
This public funding model ensures that banks remain engaged, borrowers receive affordable terms, and the overall goal of increasing nationwide homeownership is steadily achieved through sustainable financial support.
|
World Guesser
Guest
Aug 27, 2025
7:47 AM
|
world guesser puts your location-guessing skills to the test with fun and challenging questions from every corner of the world. Think fast and guess smart!
|
Post a Message
| |
|
|
| |
| |
| CLICK ON BANNERS TO VISIT EACH ONLINE MAGAZINE - SOME ARE IN THE CONSTRUCTION PHASE AND WILL BE ONLINE SOON |
| |
| |
|
|
| |
| |
| |
|
|
| |
| |
| |
|
|
| |
| © Copyright 2016 All Photos by Ed and Wayne from The Long Island Web / Website Designed and Managed by Clubhouse2000 |
| |
|
* The Long Island Network is an online resource for events, information, opinionated material, and links to the content of other websites and social media and cannot be held responsible for their content in any way, but will attempt to monitor content not suitable for our visitors. Some content may not be suitable for children without supervision from an adult. Mature visitors are more than welcome. Articles by the Editor will be opinions from an independent voice who believes the U.S. Constitution is our sacred document that insures our Inalienable Rights to Liberty and Freedom.
|
| |
| Disclaimer: The Advertisers and Resources found on this website may or may not agree with the political views of the editor and should not be held responsible for the views of The Long Island Network or its affiliates. The Long Island Network was created to promote, advertise, and market all businesses in the Long Island Network regardless of their political affiliation. |
| |
|
All rights reserved and copyrighted 2023
Thepetservicesweb.com is an affiliate of The Long Island Network
|
| |
| |
| Accessibilty Statement |
| |
|
|
|
|
