Mera Ghar Mera Ashiana: Home Loan Banks List

Owning a home is a dream for millions of Pakistani families, but rising property prices and expensive loans have made it nearly impossible for low-income groups. To address this challenge, the Government of Pakistan with the State Bank of Pakistan has launched the Mera Ghar Mera Ashiana Housing Loan Scheme 2025. The program allows homeless citizens to access subsidized loans with low markup, long repayment periods, and financing of up to 90%.

Loan Tier Comparison Table

Feature	Tier 1 (T1)	Tier 2 (T2)	Notes
Maximum Loan Amount	PKR 2 million	PKR 3.5 million	Based on applicant profile
Fixed Markup Rate	5%	8%	Subsidized by government
Repayment Tenure	Up to 20 years	Up to 20 years	Flexible plans available
Loan-to-Value Ratio	90:10	90:10	Only 10% upfront
Processing Fees	None	None	No hidden charges
Prepayment Penalty	None	None	Early repayment allowed

Why the Scheme Matters

This structure ensures families only contribute 10% upfront while banks finance the rest with affordable, government-subsidized markup.Pakistan faces a chronic housing shortage, leaving many families without proper homes. The Mera Ghar Mera Ashiana scheme provides affordable housing loans and promotes financial inclusion by giving access to banks for people who never qualified before.

Key advantages include:

Subsidized markup rates of 5% and 8%
Loan-to-value ratio of 90:10
Repayment plans up to 20 years
Special priority for women, widows, and differently-abled citizens

Eligibility Criteria

Must be a Pakistani citizen with valid CNIC
Applicant must not own any house, plot, or flat
Should be applying for a home loan for the first time
Preference given to women, widows, and disabled persons
Belonging to low-income or lower-middle-income households

These conditions ensure the scheme benefits families who truly need housing support.

Approved Banks and Institutions

Applicants can apply at any of the following State Bank of Pakistan–approved banks and microfinance institutions:

Allied Bank Limited
Askari Bank Limited
Bank Alfalah Limited
Bank of Punjab
Habib Bank Limited (HBL)
Meezan Bank Limited
MCB Bank Limited
National Bank of Pakistan
Dubai Islamic Bank Pakistan Limited
JS Bank Limited
Faysal Bank Limited
First Women Bank Limited
Habib Metropolitan Bank Limited
House Building Finance Corporation (HBFCL)
Microfinance Banks (MFBs)

This wide network ensures accessibility even in small towns and rural areas.

Housing Options Covered

The scheme supports different housing needs, including:

Purchase of a new house or flat
Construction on owned land
Purchase of plot plus construction

The maximum property size allowed is a 5 Marla house or 1360 sq. ft. flat.

Loan Structure and Financing

The government subsidy ensures monthly installments remain affordable. A PKR 2 million loan under Tier 1, for example, may cost less than PKR 15,000 per month—far less than standard bank loans.

Highlights of the financing structure:

Up to 20 years repayment tenure
No processing fees
No early repayment penalty
Risk-sharing model with banks

Required Documents

Applicants must submit:

CNIC copy
Proof of income (salary slip/business statement)
Passport-size photographs
Property documents (if applicable)
Bank account details
Completed application form

Submitting complete documents ensures faster approval.

Read More:PSER Role in AZAG Scheme – Complete Guide Today Update October 2025

Application Process

Visit any approved bank or microfinance branch
Request the official housing loan form
Attach required documents and submit
Bank verifies eligibility and credit profile
On approval, funds are released for purchase or construction

Applicants should request a written repayment schedule to plan finances clearly.

Benefits of the Scheme

Easy access to housing loans for first-time homeowners
Up to 90% financing with just 10% contribution
Subsidized markup of 5% and 8%
Repayment period up to 20 years
No hidden charges or penalties
Support for women, widows, and disabled persons
Islamic banking options available

Conclusion

The Mera Ghar Mera Ashiana Housing Loan Scheme 2025 is a breakthrough for low-income families in Pakistan. With government-backed subsidies, long repayment terms, and support from major banks, it makes home ownership achievable for thousands of citizens who never had this opportunity before. If you meet the criteria, gather your documents and apply at an approved bank to turn your dream of owning a home into reality.

Official Link: State Bank of Pakistan – Mera Ghar Mera Ashiana Scheme