The Mera Ghar Mera Ashiana scheme is one of Pakistanβs most talked-about housing initiatives in 2026, designed to help first-time buyers achieve their dream of owning a home. Backed by the Government of Pakistan and supported by State Bank housing finance policies, the program offers subsidized long-term loans with attractive terms to make home ownership affordable for low- and middle-income families.
π What Is the Mera Ghar Mera Ashiana Scheme?
At its core, the Mera Ghar Mera Ashiana program provides government-subsidized housing finance through participating banks for eligible Pakistanis who have never owned residential property before. You can use the loan to:
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Buy a house or apartment.
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Buy a plot and build your home.
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Construct a home on an existing owned plot.
π Why It Matters (News Angle 2026)
In early 2026, more banks such as Meezan Bank, HBL, UBL, ABL, Bank Alfalah and others are actively promoting the scheme, expanding access across cities and regions. Many banks are even offering faster approval timelines and digital tracking to support borrowers.
This push comes as housing affordability remains a key concern nationwide β and Mera Ghar Mera Ashiana is emerging as a practical solution for many middle-class families.
π§βπΌ Who Can Apply? (Eligibility Criteria)
To qualify for the Mera Ghar Mera Ashiana scheme in 2026, applicants must meet several basic conditions:
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Must be a Pakistani citizen with a valid CNIC.
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Should be a first-time homeowner β no property should be registered in your name.
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You must provide verifiable income proof (salary/slips or business proof).
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Applicant age must typically fall between 20 and 60 years (dependent on bank policy).
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House or apartment size must fall within scheme limits (e.g., up to 5 Marla / 1,360 sq. ft.) in Pakistan.
This focus on genuine households β not investors β ensures the benefits reach the intended citizens.
π° Benefits & Loan Details
The scheme provides long-term, low-cost home financing with government subsidy for up to 10 years, making monthly payments more manageable. Key highlights include:
πΉ Financing Tiers
Tier-1 Loans
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Loan up to PKR 2 million
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Fixed 5% markup for first 10 years
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Variable markup (KIBOR + 3%) afterward
Tier-2 Loans
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Loan from PKR 2 million to 3.5 million
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Fixed 8% markup first 10 years
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KIBOR + 3% afterward
πΉ Extra Perks
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Up to 90% financing of your property value.
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No processing fees and no early repayment penalty β you can repay early without extra cost.
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Some banks offer free life insurance/takaful coverage.
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Flexible repayment tenure (up to 20 years) keeps EMIs lower.
π How to Apply (Quick Guide)
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Choose a participating bank β like Meezan Bank, UBL, HBL, ABL, etc.
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Visit the branch or apply online where available.
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Submit documents (CNIC, income proof, property documents).
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Bank verifies eligibility and property details.
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Once approved, financing is disbursed and property purchase or construction begins.
Both men and women can apply individually or jointly under the scheme.
FAQs
1. Who is eligible for the Mera Ghar Mera Ashiana scheme?
Pakistani citizens with valid CNICs who have never owned residential property can apply.
2. What is the maximum loan amount?
Loans up to PKR 3.5 million under Tier-2 financing are available.
3. Are there processing fees or penalties?
No β the scheme has no processing fees and allows early repayment without penalties.
4. Can women apply on their own?
Yes, women can apply individually or jointly.
5. How long is the repayment period?
Repayment can extend up to 20 years, keeping monthly payments lower.
