The Government of Pakistan has launched the Mera Ghar Mera Ashiana Housing Loan Scheme 2025 with the support of the State Bank of Pakistan (SBP). This program gives homeless people a chance to apply for subsidized loans with long repayment plans, making it easier for them to finally own a house or flat.
This scheme is not just about loans, it’s about giving dignity to families who never had a permanent place to live. With financing of up to 90%, subsidized markup rates between 5% to 8%, and partnerships with top banks, the scheme is expected to reduce the housing shortage and give thousands of families a secure future.
Table of Contents
Why This Scheme Matters for Pakistan
For decades, Pakistan has faced a serious housing crisis. Property prices increased every year, while bank loans were too costly for middle or low-income families. Through this scheme:
- People can get affordable housing loans.
- Repayment tenure is extended up to 20 years.
- Women, widows, and disabled citizens are given special priority.
- Families who never owned a home before finally get equal opportunity.
This is also a big step towards financial inclusion, as people who never had access to banking services are now supported by government-backed loans.
MGMA Loan Tiers and Markup Rates
| 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 contribution |
| Processing Fees | None | None | No hidden charges |
| Prepayment Penalty | None | None | Early repayment allowed |
Eligibility Criteria for Mera Ghar Mera Ashiana Housing Scheme
Not everyone can apply; the scheme targets those who truly need help:
- Must be a Pakistani citizen with valid CNIC
- Must not already own a house, flat, or plot
- Should be applying for a home loan for the first time
- Priority given to women, widows, and disabled citizens
- Applicants must belong to low or lower-middle-income families
Table:MGMA Loan Approved Bank List
| Bank Name | Bank Name |
| Allied Bank Limited | Meezan Bank Limited |
| Askari Bank Limited | MCB Bank Limited |
| Bank AL Habib Limited | MCB Islamic Bank |
| Bank Alfalah Limited | National Bank of Pakistan |
| The Bank of Punjab | Dubai Islamic Bank Pakistan Limited |
| JS Bank Limited | Habib Bank Limited (HBL) |
| Faysal Bank Limited | BankIslami Pakistan Limited |
| First Women Bank Limited | Habib Metropolitan Bank |
| House Building Finance Corp. | Microfinance Banks (MFBs) |
Documents Required for Mera Ghar Mera Ashiana
To apply, you need:
- Valid CNIC copy
- Proof of income (salary slip or business record)
- Bank account details
- Property papers (if applicable)
- Two passport-size photos
- Filled loan application form
Application Process for Mera Ghar Mera Ashiana
- Visit your nearest approved bank branch.
- Collect and fill out the Housing Finance Application Form.
- Attach all required documents.
- Bank will check your eligibility and credit profile.
- Once approved, the loan amount is released for construction or purchase.
Final Words
The Mera Ghar Mera Ashiana Housing Loan Scheme 2025 is one of the most important initiatives for homeless families in Pakistan. With low markup rates, long repayment periods, and no hidden charges, this program is a golden opportunity for those who never thought they could own a home.
If you meet the eligibility conditions, gather your documents and visit an approved bank today. With this scheme, owning your first home is no longer a dream—it is now possible.
Related Posts
