The SBP Mera Ghar Mera Ashiana Loan Scheme 2025 is a government-backed program designed to help Pakistani families achieve the dream of owning their own house. Introduced by the State Bank of Pakistan (SBP) in collaboration with the government, this scheme provides low-markup housing loans for first-time homebuyers.
Whether you want to purchase a house, construct on your own plot, or buy a plot and build, this scheme offers long repayment options, low interest rates, and no hidden charges. In this article, we will cover eligibility criteria, loan limits, benefits, required documents, and the online application process.
What is the Mera Ghar Mera Ashiana Loan Scheme?
The Mera Ghar Mera Ashiana scheme is a Markup Subsidy and Risk Sharing Housing Finance Program aimed at promoting affordable housing in Pakistan. Under this program:
- Banks and microfinance institutions provide housing loans at subsidized fixed rates.
- Low and middle-income families can buy or build their homes with affordable repayment plans.
- Government ensures transparency and fair distribution of loans.
Main Objectives:
- Make home ownership affordable for low and middle-income families
- Provide loans with government-subsidized markup
- Support first-time home buyers across Pakistan
Eligibility Criteria for 2025 Housing Loan
To apply for the Mera Ghar Mera Ashiana Loan, applicants must meet the following conditions:
- Must be a Pakistani citizen with a valid CNIC
- Must be a first-time homeowner (no property in your or spouse’s name)
- Can apply for:
- Purchase of house or flat
- Construction on owned plot
- Purchase of plot and construction
- Maximum property size:
- House: up to 5 Marla
- Apartment: up to 1360 sq. ft.
- Age limit: 20 to 55 years at the time of application
Loan Size and Tenure
The scheme offers two tiers based on loan size and fixed markup rate:
| Tier | Loan Size Limit | Fixed Markup Rate | Loan Tenure |
|---|---|---|---|
| T1 | Up to PKR 2.0 Million | 5% | Up to 20 years (subsidy for 10 years) |
| T2 | Above PKR 2.0m up to 3.5m | 8% | Up to 20 years (subsidy for 10 years) |
Benefits of Mera Ghar Mera Ashiana Loan
This scheme provides multiple advantages over normal housing loans:
- Low Markup Rate: Only 5% for T1 and 8% for T2
- No Hidden Charges: No processing fee or prepayment penalty
- Flexible Repayment: Up to 20 years
- High Loan-to-Value Ratio: 90% loan, only 10% equity contribution
- Risk Coverage: 10% of outstanding portfolio covered by the government
Quick Comparison with Normal Housing Loans:
| Feature | Normal Housing Loan | Mera Ghar Mera Ashiana |
|---|---|---|
| Markup Rate | 15% to 20% | 5% (T1) / 8% (T2) |
| Processing Charges | Yes | None |
| Prepayment Penalty | Yes | None |
| Loan Tenure | 5 to 10 years | Up to 20 years |
| Risk Coverage | None | 10% covered by Govt |
Required Documents
Applicants need the following documents to apply:
- Valid CNIC (applicant and spouse if applicable)
- Two passport-size photographs
- Proof of income (salary slip, business statement, or bank statement)
- Utility bill (electricity/gas for address verification)
- Property documents (sale agreement, plot papers, etc.)
How to Apply Online for Mera Ghar Mera Ashiana Loan
Applying online is simple:
- Visit the official websites of participating banks such as NBP, HBL, UBL, Meezan, or any commercial bank of your choice.
- Look for the Mera Ghar Mera Ashiana Loan Application Form.
- Fill in your personal details, CNIC, income, and property information.
- Upload the required documents or submit them at the nearest branch.
- Wait for verification and approval from the bank.
- Once approved, your loan will be disbursed according to the agreement.
Key Features at a Glance
| Parameter | Details |
|---|---|
| Maximum Loan Tenure | 20 years |
| Markup Rate | 5% (T1), 8% (T2) |
| Property Size Limit | 5 Marla house / 1360 sq. ft. flat |
| Loan-to-Value Ratio | 90% loan, 10% equity |
| Participating Institutions | All banks, Islamic banks, MFBs, HBFCL |
Participating Banks and Institutions
The scheme is widely accessible through:
- Commercial banks
- Islamic banks
- Microfinance banks (MFBs)
- House Building Finance Company Limited (HBFCL)
Applicants can apply from any participating bank, increasing ease of access across Pakistan.
Conclusion
The SBP Mera Ghar Mera Ashiana Loan Scheme 2025 is a golden opportunity for low and middle-income families to achieve homeownership. With subsidized markup, long repayment period, no hidden charges, and risk coverage, this is the most affordable housing loan in Pakistan.
