Wazer-e-Azam Apna Ghar Program – Ghar Ho Tou Apna

Subsidized Islamic Housing Finance Scheme

The Government of Pakistan has introduced the “Wazer-e-Azam Apna Ghar Program – Ghar Ho Tou Apna” to help people achieve affordable home ownership through a profit subsidy and risk-sharing facility.

MCB Islamic Bank is offering this facility through its Shariah-compliant home financing solutions, helping customers build or purchase their own homes in an easy and affordable way.

This program provides housing finance under the Diminishing Musharakah model, ensuring a fully Shariah-compliant structure while making home ownership more accessible for individuals and families.

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.

Maximum Financing
  • Up to PKR 10 million.

Contribution from Customer
  • Minimum 10% of the equity is required.

Rental Rate
  • 5% for first 10 years and variable at KIBOR + 3% for subsequent years.

Financing Tenure
  • Maximum 20-years financing tenure.
Size of Housing Unit
  • House of Up to 10 Marla / 2720 sq ft.
  • Flat/Apartment of Up to 1500 sq ft.
Maximum Price of Housing Unit
  • No Capping

   
   

List of Designated Branches for Wazer-e-Azam Apna Ghar Program – Ghar Ho Tou Apna