Owning a home is a dream for every Pakistani family. Rising property prices often make it hard for middle- and low-income citizens to step into homeownership. To tackle this, the Government of Pakistan has launched the Mera Ghar Mera Ashiana Scheme 2026, a subsidized housing finance program designed to make owning a house simpler, safer, and more affordable. Mera Ghar Mera Ashiana
What is the Mera Ghar Mera Ashiana Scheme?
The scheme offers government-backed loans for first-time homeowners through commercial banks, Islamic banks, microfinance institutions, and the House Building Finance Corporation (HBFC). It focuses on helping families with limited resources buy or build their own homes. Beyond benefiting citizens, the program also stimulates Pakistan’s construction sector, generating jobs and supporting related industries.
Who Can Apply?
Eligibility for the scheme is simple and inclusive:
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Must be a Pakistani citizen with a valid CNIC
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Should be a first-time homeowner
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Must have a verifiable source of income
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Must meet the bank’s credit and affordability criteria
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Property must be within Pakistan and meet size limitations:
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Houses: Up to 5 Marla
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Apartments/Flats: Up to 1,360 sq. ft.
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Loan Categories and Markup Rates
The scheme offers multiple loan tiers with low fixed markup rates, ensuring affordable monthly payments:
| Tier | Loan Range (PKR) | Fixed Markup | Tenure | Subsidy Period |
|---|---|---|---|---|
| 1 | Up to 2,000,000 | 5% | 20 yrs | First 10 yrs |
| 2 | 2,000,001–3,500,000 | 8% | 20 yrs | First 10 yrs |
| 3 | 3,500,001–6,000,000 | 9% | 20 yrs | First 10 yrs |
| 4 | Custom Housing Loan | Market-Linked | 15 yrs | N/A |
| 5 | Special Subsidy Loans | 4% | 20 yrs | 10 yrs |
| 6 | Apartment Financing | 7% | 20 yrs | 10 yrs |
| 7 | Self-Construction Loans | 6% | 20 yrs | 10 yrs |
| 8 | Women-Focused Housing Loans | 5% | 20 yrs | 10 yrs |
The first 10 years of fixed markup provide stability, allowing families to plan finances confidently.
How to Apply for Mera Ghar Mera Ashiana
Applying is straightforward and transparent:
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Visit a participating bank or HBFC branch
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Request the official application form
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Fill in personal, income, and property details
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Attach CNIC, income proof, property documents, and bank statements
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Submit a 10% down payment
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Wait for verification and approval
Once approved, the bank releases the loan for purchasing or building your home.
Key Benefits
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Loan amounts up to PKR 6 million
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Fixed markup rates for 10 years
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Flexible repayment up to 20 years
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Low 10% down payment
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No hidden charges or penalties
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Government-backed risk coverage
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Supports employment in housing and construction
Participating Banks
The scheme is widely available at:
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Commercial Banks
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Islamic Banks
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Microfinance Banks
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House Building Finance Corporation (HBFC)
Visit your nearest branch to begin your journey toward homeownership.
FAQs for Mera Ghar Mera Ashiana
Q1: What is the maximum loan amount?
Up to PKR 6 million, depending on income and property size.
Q2: What markup rates apply?
5% for Tier 1, 8% for Tier 2, and 9% for Tier 3, fixed for the first 10 years.
Q3: Can I finance an apartment?
Yes, apartments up to 1,360 sq. ft. are eligible.
Q4: Are there any hidden fees?
No. The scheme has transparent processing without extra charges.
Q5: Can self-employed individuals apply?
Yes, as long as they provide verifiable income proof.
Conclusion
The Mera Ghar Mera Ashiana Scheme 2026 is transforming homeownership for Pakistanis. With low markup, long repayment options, and government backing, it’s a golden opportunity for families dreaming of their own home. Start your application today and secure your family’s future.
