Mera Ghar – Mera Ashiana: Subsidized Housing Finance Scheme

With a view to promote affordable housing finance, the Government of Pakistan has introduced a Markup Subsidy and Risk Sharing Scheme namely ‘Mera Ghar – Mera Ashiana’.

The key features of the scheme are given below:




Housing Finance Scheme – Parameters & Features

Parameters Features
Eligibility Criteria
  • First-time homeowners who are citizens of Pakistan holding CNICs.
  • Must not own any housing unit in their name.
Scope
  • Purchase of house / flat
  • Construction of house on already owned plot
  • Purchase of plot and construction of house
Size of Housing Unit
  • House up to 5 Marla
  • Flat / Apartment up to 1,360 sq. ft. area
Maximum Financing Size
  • Tier 1: Up to PKR 2.0 Million
  • Tier 2: Above PKR 2.0 Million and up to PKR 3.5 Million
Maximum Financing Tenor
  • 20 years (subsidy available for first 10 years)
Bank Pricing
  • One Year KIBOR + 3%
Customer / End User Fixed Pricing
  • Tier 1: 5%
  • Tier 2: 8%
Bank Charges
  • No processing cost
  • No prepayment penalty
Financing to Value (FTV) Ratio
  • 90:10 (90% financing & 10% equity)
Risk Coverage
  • 10% of the outstanding portfolio under the scheme on first loss basis
ISLAMIC BANKING
BRANCH LOCATOR
CONTACT US
Careers
SUGGESTION & COMPLAINT