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:

Eligibility Criteria:

• First time homeowners citizens of Pakistan holding CNICs.

• Not owning 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 of up to 5 Marla.

• Flat/Apartment of up to 1360 sq. ft. area.

Participating Financial Institutions (PFIs)

• All commercial banks, Islamic banks, MFBs and HBFCL.

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

Loan to Value (LTV) Ratio:

• 90:10 (90% loan & 10% equity)

Risk Coverage:

• 10% of the outstanding portfolio under the scheme on first loss basis
   

To apply, reach out to a Designated Branch: List of Designated Branches