State Bank of Pakistan Launches Mera Ghar Mera Ashiana Scheme 2025 | Govt New Housing Loan Scheme

Mera Ghar Mera Ashiana Scheme

Owning a house is every family’s dream in Pakistan, but high property prices and expensive loans often make it difficult for middle-class and low-income citizens. To address this challenge, the State Bank of Pakistan (SBP) in collaboration with the federal government has introduced the Mera Ghar Mera Ashiana Scheme 2025.

This is a new government housing loan program that offers affordable financing options for first-time homebuyers. With fixed low markup rates, long repayment tenure, and government risk-sharing support, the scheme aims to make homeownership possible for thousands of families across Pakistan.

Key Features of the Mera Ghar Mera Ashiana Scheme

• Affordable Loans: Borrowers can obtain financing up to PKR 3.5 million.
• Low Markup Rates: Just 5% for Tier 1 and 8% for Tier 2 borrowers.
• Long Repayment Period: Loans available for up to 20 years.
• Low Down Payment: Only 10% equity required from the buyer.
• First-Time Buyers Only: Designed for those who do not own a house already.
• Multiple Purposes: Funds can be used for buying a house, flat, or for construction on owned land.

Eligibility Criteria

To ensure transparency and fair access, the following conditions apply:

• Applicant must be a Pakistani citizen with valid CNIC.
• Should be a first-time homebuyer (not owning any other house).
• Income proof such as salary slips, tax return, or business documents required.
• House size must be within 5 Marla (house) or 1,360 sq. ft. (flat).
• Loan must be used only for residential purposes.

Loan Structure and Benefits (Detailed Table)

Feature	Tier 1 (T1)	Tier 2 (T2)
Maximum Loan Amount	Up to PKR 2.0 million	Above PKR 2.0m up to PKR 3.5m
Purpose	Purchase / construction of house or flat	Purchase / construction of house or flat
Property Size Limit	Up to 5 Marla or 1,360 sq. ft. flat	Up to 5 Marla or 1,360 sq. ft. flat
Borrower’s Equity (Down Payment)	10%	10%
Markup Rate (Payable by Borrower)	Fixed 5%	Fixed 8%
Loan Tenure	Up to 20 years	Up to 20 years
Processing Charges	Zero	Zero
Prepayment Penalty	No	No
Risk Coverage (Govt.)	10% first-loss guarantee	10% first-loss guarantee

Why This Scheme Matters

Pakistan faces a housing shortage of around 10 million units. Most people, especially young families and salaried individuals, cannot afford to buy or build a home because of high property prices and costly bank loans.

With the Mera Ghar Mera Ashiana Scheme 2025, the government and SBP are offering:

• Subsidized financing to reduce the cost of housing.
• Encouragement for banks by sharing risk with them.
• A chance for middle-income families to step into homeownership.
• Boost to the construction sector which creates jobs and supports the economy.

How to Apply

1. Visit a participating bank branch (Commercial Banks, Islamic Banks, House Building Finance Company, or Microfinance Banks).
2. Fill out the application form and attach required documents (CNIC, proof of income, property details).
3. Bank verifies eligibility under SBP guidelines.
4. After approval, loan amount is disbursed for construction, plot + construction, or purchase of a house/flat.

Frequently Asked Questions (FAQs)

Q1: Who can apply for the Mera Ghar Mera Ashiana Scheme 2025?
Any Pakistani citizen with a valid CNIC who does not already own a house.

Q2: What is the maximum loan amount under this scheme?
Borrowers can avail up to PKR 3.5 million.

Q3: Is there any processing fee?
No, banks cannot charge any processing fee from applicants.

Q4: Can I repay the loan early?
Yes, there is no prepayment penalty, so you can repay early without extra charges.

Q5: How long is the repayment period?
The maximum tenure is 20 years, which makes monthly installments affordable.

Q6: Can I apply if I already own a plot?
Yes, you can apply for construction financing on your plot.

Q7: Which banks are offering this scheme?
All major commercial banks, Islamic banks, microfinance banks, and HBFCL are participating.

Conclusion

The Mera Ghar Mera Ashiana Scheme 2025 by the State Bank of Pakistan is a game-changing initiative that makes homeownership easier for thousands of families. With low markup rates, long repayment tenures, no processing charges, and government support, the scheme ensures that low- and middle-income groups can finally turn their dream of owning a home into reality.

This scheme is not just about providing housing loans — it is also a step toward economic growth, job creation, and social stability in Pakistan. If you are a first-time homebuyer, this is the perfect opportunity to apply and secure your dream home.