Mera Ghar Mera Ashiana Scheme Online Apply
Buying a house has always been a lifelong dream for millions of Pakistanis. Unfortunately, with rising property prices and limited access to affordable financing, that dream often feels out of reach. To help citizens overcome this challenge, the Government of Pakistan, through the State Bank of Pakistan (SBP), has introduced an incredible housing initiative called the Mera Ghar Mera Ashiana Scheme.
This program has been designed especially for low and middle-income families who wish to buy or build their own home but cannot afford traditional housing loans. In this article, we will explain every detail about the Mera Ghar Mera Ashiana Scheme online application process, eligibility criteria, features, required documents, and a full step-by-step application guide, all in simple and human-friendly language.
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What is the Mera Ghar Mera Ashiana Scheme
The Mera Ghar Mera Ashiana Scheme is a government-backed home financing project introduced by the State Bank of Pakistan (SBP) in collaboration with commercial, Islamic, and microfinance banks across the country.
| Key Aspect | Details |
|---|
| Scheme Name | Mera Ghar Mera Ashiana Scheme |
| Purpose | Affordable housing for low and middle-income families |
| Loan Amount | Up to PKR 3.5 million |
| Markup Rate | 5 percent for Tier 1, 8 percent for Tier 2 |
| Tenure | Up to 20 years |
| Eligibility | Pakistani citizen, no home ownership |
| Application Mode | Online or through partner banks |
| Documents Needed | CNIC, income proof, property documents |
| Benefits | Subsidized markup, easy repayment, zero hidden fees |
Its primary goal is to help Pakistanis, particularly those who do not already own a home, purchase, construct, or improve residential units under affordable markup rates. The government provides a markup subsidy and risk-sharing facility, making it easier for people to get loans from banks with confidence and lower repayment burdens.
This initiative supports three main purposes:
- Purchase of a newly constructed house or apartment
- Construction of a house on self-owned land
- Purchase of land and construction on it
Objectives of the Mera Ghar Mera Ashiana Scheme
The Mera Ghar Mera Ashiana Scheme has been launched with several clear objectives:
To make housing affordable for all income segments.
To promote home ownership and reduce homelessness.
To boost the construction industry, creating jobs and economic growth.
To facilitate women, widows, and differently-abled persons by giving them priority in the application process.
To promote financial inclusion through easy bank financing options.
Eligibility Criteria
To apply for the Mera Ghar Mera Ashiana Scheme online, applicants must meet certain requirements. These are set to ensure that the scheme benefits genuine low and middle-income citizens.
| Eligibility Criteria | Details |
|---|---|
| Citizenship | Must be a Pakistani citizen with a valid CNIC |
| Property Ownership | The applicant should not own any residential property in Pakistan |
| Purpose of Loan | Buying, constructing, or expanding a house or apartment |
| Property Size | Up to 5 Marla house or up to 1,250 sq ft flat |
| Income Range | Low to middle-income families; proof of income required |
| Co-Applicant Option | Allowed for spouse or family member for joint ownership |
| Age Limit | 25 to 60 years at the time of application |
These simple requirements make it easier for deserving citizens to qualify for the loan and start their homeownership journey.
Key Features of the Mera Ghar Mera Ashiana Scheme
The Mera Ghar Mera Ashiana program offers highly attractive terms compared to conventional home loans. The following features highlight why this initiative stands out.
| Feature | Details |
|---|---|
| Loan Type | House purchase, construction, or extension |
| Loan Tenure | Up to 20 years |
| Loan Amount | Tier-1: Up to PKR 2 million, Tier-2: PKR 2 to 3.5 million |
| Markup Rate (Customer) | 5 percent (Tier-1) and 8 percent (Tier-2) fixed |
| Processing Charges | Zero hidden fees |
| Prepayment Penalty | None, early repayment allowed |
| Equity Contribution | Minimum 10 percent, 90 percent bank financing |
| Security | The property being financed will serve as collateral |
These favorable conditions make the scheme extremely attractive and accessible for first-time buyers and small families.
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Mera Ghar Mera Ashiana Scheme Online Apply Step-by-Step Guide
Now, let’s go through the complete Mera Ghar Mera Ashiana Scheme online application process so you can confidently submit your application.
Step 1: Visit the official bank or SBP portal
Go to the official website of the State Bank of Pakistan or any participating bank such as HBL, Meezan Bank, Bank Alfalah, UBL, or Bank of Punjab. Look for the Mera Ghar Mera Ashiana or Mark-Up Subsidy Scheme section.
Step 2: Check your eligibility
Before applying, make sure you fulfill all eligibility conditions such as income level, property size, and ownership status. Each bank also provides an online eligibility calculator.
Step 3: Fill out the application form
Download or fill out the online application form available on the bank’s website. Carefully provide your personal, employment, and financial details.
Step 4: Attach required documents
Upload scanned copies of the following: CNIC, proof of income, recent utility bill, property documents, and passport-size photographs.
Step 5: Submit your application
After filling in all details, submit your form online or visit your nearest bank branch for document verification.
Step 6: Bank verification and approval
The bank will verify your eligibility, credit score, and documents. Once approved, your financing terms will be finalized.
Step 7: Disbursement of loan
After final approval, the loan amount will be disbursed directly to the property seller, builder, or your construction account. You can then begin building or purchasing your dream home.
Required Documents Checklist
Here’s a summary of the documents needed for both salaried and self-employed applicants.
| Document Type | Salaried Individuals | Self-Employed or Business Owners |
|---|---|---|
| CNIC Copies | Yes | Yes |
| Recent Photographs | Yes | Yes |
| Income Proof | Salary Slip or Certificate | Business Registration and Bank Statement |
| Utility Bill | Yes | Yes |
| Property Papers | Sale Deed, Allotment Letter, or Map | Sale Deed, Allotment Letter, or Map |
| NTN or Tax Return | Optional | Required if available |
Keeping these ready will make your online application much faster and smoother.
Partner Banks Under the Scheme
Several commercial and Islamic banks are offering this facility under the supervision of the State Bank of Pakistan. Major participants include HBL, Meezan Bank, Bank Alfalah, United Bank Limited, Bank of Punjab, House Building Finance Company, Faysal Bank, and NRSP Microfinance Bank. Applicants can choose any of these institutions based on convenience or location.
Benefits of the Mera Ghar Mera Ashiana Scheme
The scheme brings a long list of advantages for the people of Pakistan.
- Affordable financing with fixed low markup rates of 5 percent and 8 percent.
- Flexible repayment plans with up to 20 years to repay without stress.
- No hidden costs and no penalty for early settlement.
- Inclusive opportunity available for both salaried and self-employed individuals.
- Government-backed security through risk-sharing between banks and the government.
- Boost to the construction sector and job creation across Pakistan.
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Common Mistakes to Avoid When Applying Online
Many applicants make small mistakes that delay or even cancel their loan applications. To avoid rejection, follow these guidelines.
- Always use genuine documents because banks verify all records.
- Do not apply through agents or middlemen who promise quick approvals.
- Check your income-to-loan ratio to ensure you can afford monthly installments.
- Follow the official bank channels only.
- Stay in contact with your bank representative for timely updates.
Final Words
The Mera Ghar Mera Ashiana Scheme is a golden opportunity for Pakistanis who have always dreamed of owning their own home. With low markup rates, flexible repayment options, and a simple online process, this initiative makes home ownership possible for everyone.
If you have been renting for years or saving without progress, this is your chance. Visit your nearest bank or the official website of the State Bank of Pakistan, review your eligibility, and take the first step today. Your dream home, your Ashiana, is waiting for you.