Imlaak News | 3 October 2026
Pakistan’s Securities and Exchange Commission has proposed a higher ceiling for housing loans from non-banking microfinance companies, setting out a maximum of Rs5 million. The 29 September 2026 announcement also proposes increasing the income threshold for individual borrowers in that sector from Rs1.2 million to Rs1.5 million.
The SECP housing loan proposal forms part of draft amendments to the Non-Banking Finance Companies and Notified Entities Regulations, 2008. SECP’s notification register lists the relevant instrument, SRO1638(I)/2026, as a draft published on 29 September. The proposal therefore needs to be read as a regulatory consultation rather than a completed lending-policy change.
What the SECP housing loan proposal covers
SECP places housing finance and microenterprise lending within the proposed Rs5 million ceiling. Its announcement invites stakeholder feedback on the draft.
The scope matters for borrowers: this proposal concerns non-banking microfinance companies. It should not be interpreted as a universal change to every bank mortgage or every housing scheme.
Reporting on the draft by WE News also distinguishes housing and microenterprise finance from general microfinance loans, for which it says the separate Rs500,000 ceiling would remain. That distinction helps explain why the full product category matters when comparing a finance offer.
Imlaak analysis: What prospective borrowers should check
A higher regulatory maximum would set a boundary for eligible lending. It would not, by itself, establish a household’s affordable repayment or guarantee that a particular application receives the maximum amount.
Anyone considering housing finance should ask the lender for its current eligibility rules, the approved financing amount, repayment term, markup or profit rate, fees, security requirements and total repayment schedule. The monthly commitment should be assessed against reliable income and other household obligations.
For Pakistan’s property market, the proposal is worth tracking because financing eligibility affects how households plan a purchase or construction budget. Practical availability will depend on the final regulatory text and the products lenders actually offer. Until those steps are clear, buyers should avoid committing to a property transaction on the assumption that the proposed ceiling is already available.
Source note: The official announcement is dated 29 September 2026. This article reports a draft proposal, not a final rule or an offer of credit. Sources checked on 3 October 2026.
Follow Imlaak’s latest property news for further housing and market updates.