The State Bank of Pakistan will be introduction this week a new product ‘Roshan Apna Ghar’ for non-resident Pakistanis for attainment of property in the country. Non-resident Pakistanis can now purchase or get financing for a house in Pakistan throughout Roshan Digital Account (RDA).
Roshan Apna Ghar Scheme for Overseas Pakistanis
In case of sale of property, the principal quantity invested can be remitted abroad with no needing any permission. Sharing details of the scheme in a series of tweets, Minister of State for Information and Broadcasting Farrukh Habib thought those holding Roshan Digital Account can advance in Roshan Apna Ghar scheme. In case of sale of goods, the principal quantity invested can be remitted abroad with no the obligation of any permission. Overseas Pakistanis with Roshan Digital Account can invest in Roshan Apna Ghar scheme, the minister.
The central bank pointed out that these accounts provided innovative banking solutions for millions of non-resident Pakistanis seeking to undertake banking, payment and investment activities in Pakistan and These accounts provide innovative banking solutions for millions of Non Resident Pakistanis (NRPs) seeking to undertake banking, payment and investment activities back home.
Roshan Digital Account is a major initiative of State Bank, launched on Sept 10, last year in collaboration with commercial banks. 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.