To make loan acquisitions easier, PM Nawaz made the approval process less stringent.

Jan 01, 2014

Anyone who has an amount more than 1.5 times than the loan applied for could be a guarantor, or any government official of grade 15 and above who has at least 8 years of service left. He said that service delivery by the banks should be facilitated to the applicants and he called for improvement in the service delivery mechanism on the suggestions and feedback received from the public. Anyone who has an NBP account or an account in any other bank can be guarantor.