Mera Ghar Mera Ashiana
Mera Ghar Mera Ashiana. Owning a home is a dream for many families in Pakistan, but high property prices and expensive loan rates often make it difficult to achieve. To solve this problem, the State Bank of Pakistan, in partnership with the Government of Pakistan, has launched the Mera Ghar Mera Ashiana Scheme 2025.
This housing finance program is designed especially for first-time home buyers, offering long-term, low-interest loans with government subsidies. If you’ve been waiting for the right opportunity to buy or build your own house, this scheme could be the answer.
Purpose of the Scheme
The main goal of the Mera Ghar Mera Ashiana Scheme is to promote affordable housing finance for low- and middle-income citizens. With real estate prices climbing every year, it has become nearly impossible for an average Pakistani to afford a home without financial help.
Through this scheme, the government and SBP are making it easier for people to buy, build, or construct homes by providing access to low-cost loans and long repayment periods.
Who is Eligible?
To make sure the scheme benefits the right people, applicants must meet the following conditions:
- Must be a citizen of Pakistan with a valid CNIC.
- Must be a first-time home buyer.
- Must not already own a house or flat anywhere in Pakistan.
If you fulfill these requirements, you can apply for the loan under this scheme.
PM Laptop Scheme 2025 Merit List – Check Name by Roll Number and CNIC
What Can the Loan Be Used For?
The scheme offers flexibility in how you can use the loan:
- Buying a ready-built house or flat.
- Constructing a house on your already-owned plot.
- Purchasing a plot and then building a home on it.
Whether you’re starting from scratch or already own land, the scheme covers both options.
Property Size Limit
To keep the program focused on affordable housing, there are size restrictions:
- Houses: Up to 5 Marla.
- Flats/Apartments: Up to 1360 square feet.
This ensures the scheme supports families looking for practical and budget-friendly homes.
Loan Amount & Tiers
The loan is divided into two categories (tiers), based on the amount:
- 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 tier system makes the scheme accessible for people with different income levels.
Loan Tenure & Subsidy Period
One of the biggest advantages of this scheme is the long repayment period:
- Maximum loan tenure: 20 years.
- Government subsidy on markup: First 10 years.
This means your installments will stay low and affordable for the first decade, giving you enough time to settle financially.
Markup Rates – What Will You Pay?
The markup rates under this scheme are much lower compared to normal housing loans:
- Tier 1 (T1): Fixed at 5%.
- Tier 2 (T2): Fixed at 8%.
Normally, banks charge much higher rates, but with this scheme, the government subsidy helps you save money every month.
Loan-to-Value Ratio (LTV)
The loan comes with a 90:10 loan-to-value ratio.
- The bank provides 90% of the property value as a loan.
- You only need to contribute 10% equity.
This reduces the upfront cost, making it easier to own a home even with limited savings.
Where Can You Apply?
You can apply for this scheme at:
- Commercial Banks
- Islamic Banks
- Microfinance Banks (MFBs)
- House Building Finance Corporation (HBFC)
Simply visit your nearest branch, ask about the scheme, and start your application process.
Additional Benefits for Customers
This scheme comes with extra advantages that make it even more attractive:
- No processing fees – Apply without paying additional charges.
- No prepayment penalty – Pay off your loan early without hidden costs.
- Government risk coverage – The government covers 10% of the outstanding portfolio on a first-loss basis.
All these features make the scheme secure, affordable, and risk-free for first-time buyers.
What Are Banks Required to Do?
To ensure smooth implementation, the State Bank has instructed all participating banks to:
- Promote and advertise the scheme.
- Set up proper systems for processing applications.
- Prevent misuse and maintain transparency.
This guarantees that customers will get fair treatment and proper guidance during the process.
Markup & Risk Subsidy Mechanism
While the exact mechanism for markup and credit loss subsidy will be announced later, the government has committed to support for the first 10 years of the loan. This shows long-term reliability and trust in the program.
Quick Summary – Key Features at a Glance
| Feature | Details |
| Loan Amount | PKR 2.0 – 3.5 million |
| Loan Tenure | Up to 20 years |
| Subsidy Duration | First 10 years |
| Fixed Markup Rate (T1) | 5% |
| Fixed Markup Rate (T2) | 8% |
| Loan-to-Value Ratio | 90:10 |
| Processing Fees | None |
| Prepayment Penalty | None |
| Eligibility | First-time home buyers |
| Property Size Limit | 5 Marla house / 1360 sq. ft. flat |
Final Words
The Mera Ghar Mera Ashiana Scheme 2025 is a golden opportunity for anyone who dreams of owning a home but struggles with high costs. With low markup rates, a 20-year repayment plan, no hidden charges, and government-backed support, it is one of the most beneficial housing finance programs in Pakistan’s history.
Punjab CM Agriculture Internship 2025: 2nd Phase Starts with Monthly Stipend