The State Bank of Pakistan will be launching this week a new product ‘Roshan Apna Ghar’ for non-resident Pakistanis for acquisition of property in the country.
“Non-resident Pakistanis can now purchase or obtain financing for a house in Pakistan through Roshan Digital Account,” said a statement issued by the central bank on Wednesday.
Roshan Digital Account is a major initiative of State Bank, launched on Sept 10, last year in collaboration with commercial banks. These accounts provide innovative banking solutions for millions of Non Resident Pakistanis (NRPs) seeking to undertake banking, payment and investment activities back home.
Under this initiative, several financial products have been provided to the overseas Pakistanis including Naya Pakistan Certificate for investment, Roshan Apni Car for car financing and Roshan Samaaji Khidmat for donation to charities.