Owning a Home Made Extremely Easy – The State Bank of Pakistan has introduced the Mera Ghar Mera Ashiyana Scheme. Under this scheme, every Pakistani citizen can now get a home on easy installments, apply for a loan to construct a house, or even buy a plot using the same loan. The loan term is up to 20 years. You can apply online. How many marlas house can you get? What will be the monthly installment? How much loan can you receive? All your questions are answered in this article.
This scheme is part of the Mera Pakistan Mera Ghar initiative and is designed to provide affordable housing finance through subsidized markup rates, risk-sharing, and long repayment plans. In this guide, you will learn who can apply, how to apply, loan details, eligibility, and the step-by-step process to get your home loan approved.
What is the Mera Ghar Mera Ashiana Loan Scheme 2025?
The Mera Ghar Mera Ashiana Scheme is a markup subsidy and risk-sharing housing finance program. It allows first-time home buyers in Pakistan to purchase, build, or construct affordable houses through easy loans.
Unlike normal bank loans, where markup is very high, this scheme fixes the customer’s markup at 5% (Tier 1) and 8% (Tier 2), making home ownership possible for thousands of families.
It also offers up to 20 years repayment time, with no processing charges and no prepayment penalties, giving families the flexibility to manage their budgets.
How to Mera Ghar Mera Ashiana Scheme Form Online Apply
[ashiyana_form]
Key Features at a Glance
| Parameter | Details |
|---|---|
| Eligibility | First-time homeowners, Pakistani citizens with CNIC |
| Property Size | House up to 5 Marla OR Flat up to 1,360 sq. ft. |
| Loan Size | Tier 1: Up to PKR 2 million Tier 2: Up to PKR 3.5 million |
| Markup Rate (Customer) | Tier 1: 5% Tier 2: 8% |
| Tenure | Maximum 20 years (subsidy for 10 years) |
| Loan to Value Ratio | 90% bank financing, 10% borrower equity |
| Bank Charges | No processing fee, no prepayment penalty |
| Participating Banks | All commercial banks, Islamic banks, HBFCL, and MFBs |
| Risk Coverage | 10% of outstanding loan covered by government (first-loss basis) |
Who Can Apply for Mera Ghar Mera Ashiana Loan Scheme
The scheme is only for first-time home buyers. This means it is targeted at people who do not already own any property.
You can apply if:
- You are a Pakistani citizen with a valid CNIC.
- You do not own any house, flat, or property in your name.
- You can provide income proof (salary slip, business record, or other earning source).
- You are financially capable of paying monthly installments.
👉 Answering search intent:
- Who can apply for the Apna Ghar scheme in Pakistan? → Only first-time homeowners who meet the above conditions.
Scope of the Loan
This scheme is flexible and covers different housing needs:
- Purchase of a ready-made house or flat.
- Construction of a house on already owned plot.
- Purchase of a plot and construction of a house on it.
This flexibility ensures that both city residents and people in rural areas can benefit.
Maximum Financing Limit under the Scheme
Another common query is: What is the maximum financing limit under Mera Pakistan Mera Ghar?
- Tier 1 (T1): Up to PKR 2.0 million.
- Tier 2 (T2): Above PKR 2.0 million and up to PKR 3.5 million.
This division allows both smaller and slightly larger housing projects to be financed.
Markup Rates – Why They Matter
Normal housing finance in Pakistan is very costly, often above 20% interest due to KIBOR + 3%. But under this scheme, borrowers pay only 5% (T1) or 8% (T2), while the government pays the remaining amount to the banks.
This subsidy reduces the monthly burden and makes loan repayment cheaper than rent in many cases.
Loan Tenure and Installments
- Maximum loan tenure: 20 years.
- Subsidy available for 10 years.
- Borrowers can choose shorter terms if they prefer.
- Installments remain low because of the long repayment plan.
For example:
- A PKR 2 million loan at 5% → affordable monthly installments.
- A PKR 3.5 million loan at 8% → still cheaper compared to market rates.
Loan to Value (LTV) Ratio
The 90:10 ratio is another benefit:
- 90% financed by the bank.
- 10% paid by the borrower (down payment/equity).
This means if your house costs PKR 2 million, you only need to pay PKR 200,000 upfront.
Participating Banks and Institutions
The scheme is available through:
- All commercial banks.
- Islamic banks.
- Microfinance banks (MFBs).
- House Building Finance Corporation Limited (HBFCL).
This ensures availability across Pakistan. You can apply through any nearby branch.
Risk Coverage for Banks
To encourage lending, the government covers 10% of the outstanding portfolio on first-loss basis. This risk-sharing makes banks more comfortable in approving loans for first-time buyers.
Documents Required
- Valid CNIC.
- Proof of income (job certificate, salary slip, business record).
- Property-related papers (ownership deed, plot documents, etc.).
- Two passport-sized photos.
- Bank account details.
Benefits of the Scheme
This scheme is one of the most practical housing finance programs in Pakistan. Key benefits include:
- Affordable markup rates (5% and 8%).
- 20-year repayment plan.
- No hidden bank charges.
- No penalty on early repayment.
- Only 10% down payment required.
- Covers both purchase and construction needs.
- Equal access in rural and urban areas.
Why This Scheme Matters in 2025
Pakistan faces a huge housing shortage. Most families live in rented homes and cannot afford market loans. The Mera Ghar Mera Ashiana Scheme 2025 makes it possible for low and middle-income groups to become homeowners for the first time.
By fixing markup rates and spreading payments over decades, the scheme ensures housing finance is accessible, sustainable, and affordable.
FAQs
Q1: How to apply for Mera Ghar Mera Ashiana?
Visit any participating bank, fill out the form, submit documents, and follow the approval process.
Q2: Who can apply for the Apna Ghar scheme in Pakistan?
Only first-time homeowners with a valid CNIC and no property in their name.
Q3: What is the maximum financing limit under Mera Pakistan Mera Ghar?
Tier 1 = PKR 2 million. Tier 2 = PKR 3.5 million.
Q4: Which banks are part of the scheme?
All commercial banks, Islamic banks, microfinance banks, and HBFCL.
Q5: Is there any processing fee?
No. Banks are not allowed to charge processing fees.
Q6: Can I repay my loan earlier?
Yes. There is no prepayment penalty.
Final Words
The Mera Ghar Mera Ashiana Loan Scheme 2025 is a golden opportunity for first-time home buyers in Pakistan. With low markup rates, long repayment options, and minimal down payment, it makes owning a house a reality for thousands of families. If you meet the eligibility criteria, do not delay. Visit your nearest bank branch and apply today. This could be your chance to move from paying rent to owning your dream home.