ISLAMABAD (25 September 2025): The Government of Pakistan has officially announced the Mera Ghar Mera Ashiana Scheme, a housing finance program that gives citizens the chance to get up to Rs3.5 million loan for a 5 Marla house. This scheme is designed for low- and middle-income families who dream of building or buying their first home but cannot afford heavy market rates.
This is part of the Markup Subsidy and Risk Sharing Scheme, where the government and State Bank of Pakistan (SBP) have joined hands to provide affordable loans. With low markup, easy installments, and a repayment period of up to 20 years, the program brings hope to thousands of Pakistanis.
Table of Contents
Key Features of Mera Ghar Mera Ashiana Scheme
| Feature | Details |
| Loan Amount | Up to Rs3.5 million |
| Loan Tenure | Maximum 20 years |
| Subsidy | Available for the first 10 years |
| Markup Rate | One Year KIBOR + 3% |
| Processing Fee | No bank charges |
| Prepayment | No penalty for early repayment |
| Risk Coverage | 10% covered under first-loss basis |
| Loan-to-Value Ratio | 90% bank financing, 10% equity contribution |
Eligibility Criteria for the Mera Ghar Mera Ashiana
The loan is not open to everyone, but the eligibility is kept simple:
- Applicants must be Pakistani citizens with valid CNIC.
- Only first-time home buyers can apply.
- The applicant must not own any housing unit in their name.
This makes sure the scheme benefits those who genuinely need it.
What Can the Loan Be Used For?
The scheme offers flexibility so that people from both rural and urban areas can apply. The loan can be used for:
- Purchase of a 5 Marla house.
- Purchase of a flat/apartment up to 1,360 sq. ft.
- Construction of a house on an already owned plot.
- Purchase of a plot and then construction on it.
This means whether you want to buy a ready-made home or build one on your land, this scheme supports both options.
Mera Ghar Mera Ashiana Loan Tiers
The SBP has divided the program into two financing tiers:
| Tier | Loan Limit |
| Tier 1 | Up to Rs2 million |
| Tier 2 | Above Rs2 million and up to Rs3.5 million |
This tier system allows people to choose loans based on their budget and affordability.
Where to Apply for the Mera Ghar Mera Ashiana?
All commercial banks, Islamic banks, microfinance banks (MFBs), and House Building Finance Corporation (HBFCL) have been directed to provide this scheme. Applicants just need to visit their nearest branch with the required documents and apply directly.
Why This Mera Ghar Mera Ashiana Scheme Matters
Housing prices in Pakistan have been rising continuously, making it almost impossible for middle-income families to buy a home. The Mera Ghar – Mera Ashiana Scheme aims to:
- Promote affordable housing.
- Help first-time buyers invest in property.
- Boost the construction sector, creating jobs and supporting the economy.
It’s not just about housing, it’s about creating financial stability for families and generating employment opportunities nationwide.
Final Words
The Rs3.5 million loan for 5 Marla houses is a golden chance for Pakistanis who have always dreamed of owning a home. With easy eligibility, no extra charges, and long repayment plans, the government has finally provided a practical solution to Pakistan’s housing crisis.
For anyone planning to buy or build their first house, this scheme could be life-changing. Don’t miss out—visit your nearest bank and apply today.
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