Tag Archives: applicant

Imran directs banks to simplify the process of applying for a home loan | Instant News

ISLAMABAD: Prime Minister Imran Khan on Sunday, while noting the difficulties facing applicants for low-cost housing loans under Pakistan’s Naya Housing program, instructed the central bank and the National Bank of Pakistan to make it easier for them.

Responding to the National Bank of Pakistan (NBP) telethon regarding low-cost housing loans, the Prime Minister asked the State Bank of Pakistan (SBP) to instruct commercial banks to facilitate the lending process for applicants. Simultaneously broadcast on Pakistani Television and various private channels, the telethon was attended by Senator Shibli Faraz, Chairman of the Naya Pakistan Housing and Development Authority Lt-Gen (retired) Anwar Ali Hyder, SBP Governor Reza Baqir, NBP President Arif Usmani and SBP Executive Director Samar Hasnain .

The Prime Minister joined telethon via video link because he was under quarantine after testing positive for Covid-19 a week ago. Khan said the NBP, as the country’s main bank, should also instruct its staff to facilitate loan applicants, observing that bank employees are also not used to making such easy loans to people without cash.

He said there was no concept of housing loans for the poor in the country, people initially faced difficulties. Khan said once people start building their own homes, the construction industry will expand rapidly to help boost the other 30 allied industries.

As a result, wealth will create and increase state income in addition to creating jobs for the community, he added. He said it was the first time in Pakistan that paid classes or people without money had the opportunity to own a house.

Khan said the program had been designed in such a way that beneficiaries who were currently providing the money to pay the rent on their homes would use the same means of paying housing loan installments.

Recipients of housing loans have to pay monthly installments of Rs6,600 for a one million loan, Rs 13,199 for two million, Rs19,799 for three million, Rs26,398 for four million, and Rs32,998 for a five million loan.

The prime minister said people around the world, such as Europe or the US, buy their homes through bank loans but that is not yet a practice in Pakistan. He said that with this program, not only people who have houses, but the national economy will also get a boost.

He said, because the country was under a burden of debt, wealth creation was needed to increase income. “In every way, this is an important project for the country,” said the Prime Minister.

Responding to a question, he said the government would give preference to widows and people with different abilities to provide them with housing under the program because they are the responsibility of the government.

People aspiring to own a home under the Prime Minister’s pro-poor housing program joined the transmission by dialing a phone number and panelists responded to their complaints. SBP Governor Reza Baqir said banks have relaxed loan requirements.

To facilitate applicants, SBP has prepared a standardized list of documents required for housing loans.


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Food Lion held several job fairs at Upstate | News | Instant News

GREENVILLE, SC (FOX Carolina) – Food Lion announced that they will host two job fairs this week on Upstate.

The grocery store chain said it was seeking applicants for about 200 part-time and full-time positions for new stores across the area.

According to a release from Food Lion, the job fair will be held at the Greenville Convention Center on Tuesday, March 2 and run from 8:00 am to 6:00 pm.

Another job fair will be held on Friday, March 5 at Seneca at the Lakeside Lodge Hotel and Resort from 8:00 am to 6:00 pm as well, according to Food Lion.

The seller says that interested applicants must apply on line for the interview time.

OTHER NEWS: The FCC approved a monthly internet subsidy of $ 50 for low-income households during the pandemic

Copyright 2021 FOX Carolina (Meredith Corporation). All rights reserved.


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Applications are being taken for virtual trade shows with Great Britain | Agriculture | Instant News

Applications are being taken from Montana businesses for a virtual trade mission to the United Kingdom, taking place in 2021. Opportunities will be available to five Montana businesses.

Great Britain is the fifth largest economy in the world. Approximately the size of Oregon, there are 66 million people living there, and it is the main destination for US goods and services.

Products that work in the UK range from value-added agricultural and medical products to information and communications technology.

Applications for this program are due February 19. Those selected will work with domestic partners to fine-tune their sales pitch for the UK, learn about doing business in the UK, and organize video meetings for potential domestic partners.

Those selected will be able to request meetings with the buyers they want, and domestic trade show partners will arrange everything. Applicants will be able to do most of what they would do at an actual trade show.

For more information contact Katie Willcockson, international trade officer with the Montana Office of Tourism and Business Development at 406-841-2750.


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