Mera Pakistan Mera Ghar Scheme 2023 officially announced by the SBP (State Bank of Pakistan). Every citizen of Pakistan can participate in PM housing loan Pakistan apna ghar scheme. Now, all the banks of Pakistan gives you an opportunity to easily fulfil the needs to construct and built houses with the help of Government.
As we know that Government of Pakistan has launched a new schemes which named is “Mera Ghar, Mera Pakistan“. Under this scheme, all the low income persons/families can build their houses with subsidize profit rates. The term subsidize means that the installment of Mera Pakistan Mera Ghar loan would be fixed for the complete period.
Are you paying a house rent for your home and after 7 to 10 years the home will be on your name. All the banks of Pakistan, SBP, NBP, Meezan etc will provide you the facility to build your home with mera Pakistan mera ghar housing scheme.
Mera Ghar Mera Pakistan Housing Scheme 2023 Eligibility Criteria
The following criteria must be fulfil before apply for apna ghar scheme;
- All Pakistanis with valid CNIC and NICOP
- First time house owner
- One individual can have subsidized house loan facility under this scheme only for once
- For Naya Pakistan Housing and Development Authority (NAPHDA) projects, NAPHDA will shortlist the eligible candidate and upon request of candidate, will forward the candidate profile to banks for financing
Types of House Loan:
There are two types of loans are offered in apna ghar loan scheme;
NAPHDA Projects:
- Up to Rs. 2.7 million can be financed under this category
- Financing is available for house measuring up to 125 Square Yards (5 Marla) with maximum covered are of 850 Square Feet
- Flat/apartment with maximum covered area of 850 square feet will be financed
- To be eligible under MPMG, maximum price (Market Value) of a single housing unit at the time of approval financing shall not exceed Rs. 3.5 million
Non-NAPHDA Projects:
From Microfinance Banks:
- Microfinance banks can provide up to Rs. 2 million financing to eligible borrowers
Also Check:
From Commercial Banks/DFIs:
- Financing of up to Rs. 10 Million can be availed under this scheme
- Financing amount is dependent on the size of residential unit
- Up to Rs. 6 Million financing can be availed for a house measuring up to 5 Marla (125 Square Yards) and for a flat/apartment with the size up to 1,250 Square Feet
- For a house measuring up to 10 Marla (250 Square Yards) and a flat/apartment up to 2,000 Square Feet, financing up to Rs. 10 million can be availed
Mera Ghar Mera Pakistan Financing Rates 2023
| NAPHDA Projects | Non-NAPHDA Projects |
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Borrower will be charged financing rate of
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Tier 0: For Microfinance Banks Borrowers
Tier 2: For Commercial Banks/DFIs Borrowers
Tier 3: For Commercial Banks/DFIs Borrowers
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Mera Pakistan Mera Ghar Installments Calculation
| Tier 0 | Tier 1 | Tier 2 | Tier 3 | ||||
| Financing Amount | Installment | Financing Amount | Installment | Financing Amount | Installment | Financing Amount | Installment |
| Monthly installment from year 1 to 5 | |||||||
| Rs. 0.5 Million | 3,300 | Rs. 1 Million | 5,546 | Rs. 1 Million | 6,600 | Rs. 6 Million | 46,518 |
| Rs. 1 Million | 6,600 | Rs. 2 Million | 11,092 | Rs. 3 Million | 19,799 | Rs. 8 Million | 62,024 |
| Rs. 2 Million | 13,199 | Rs. 2.7 Million | 14,974 | Rs. 6 Million | 39,597 | Rs. 10 Million | 77,530 |
| Monthly installment from year 6 to 10 | |||||||
| Rs. 0.5 Million | 3,751 | Rs. 1 Million | 6,351 | Rs. 1 Million | 7,501 | Rs. 6 Million | 52,492 |
| Rs. 1 Million | 7,501 | Rs. 2 Million | 12,702 | Rs. 3 Million | 22,503 | Rs. 8 Million | 69,990 |
| Rs. 2 Million | 15,002 | Rs. 2.7 Million | 17,147 | Rs. 6 Million | 45,007 | Rs. 10 Million | 87,487 |
Documents Required For Mera Ghar Mera Pakistan Housing Scheme
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List of Required Documents
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Documentation Requirement (Salaried Segment) |
Original / Copy | |
| Loan Application Form (LAF) along with CF Undertaking | Original | |
| Product Disclosure Sheet | Original | |
| Valid CNIC of applicant & Co-partner (where applicable) | Copy | |
| 2 passport size color Photographs of applicant & Co-partner (where applicable) | Original | |
| Undertaking for first time homeowner | Original | |
| Title Document of the property to be mortgaged | Copy | |
| Direct Debit Authority (DDA) & Employer’s certificate mentioning that payroll account maintenance shall continue with the lending Bank (where applicable) | Original | |
| Formal Sector Employees | Proof of Employment (along with length of employment) for example:
– Employment letter or – Employment Certificate or – Any valid documentary evidence from employer |
Original / Copy |
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Income Proof document (salary breakup and deductions to be clearly mentioned) for example: – Current Salary Slip or – Salary Certificate Note: –Maximum of 60 days old salary slip may be accepted -Online / e-salary slips are acceptable with positive verification -Original salary slip / e-slip does not require stamp or sign. |
Original / Copy | |
| Informal Sector Employees | In case customer is employed in informal sector, one of the following documents shall be required to assess customer based on proxy income or repayment surrogates, for example: | |
| – Rent Agreement or | Copy | |
| – Rent Payment declaration or | Original | |
| – Utility Bills or | Copy | |
| -School Fee Challan or | Copy | |
| – Any other valid expense document (as per defined Income proxy) | Copy | |
|
Documentation Requirement (Self Employed) |
Original / Copy | |
| Loan Application Form (LAF) along with CF Undertaking | Original | |
| Product Disclosure Sheet | Original | |
| Valid CNIC of both applicant & Co-partner (where applicable) | Copy | |
| 2 passport size colour Photographs of applicant & Co-partner (where applicable) | Original | |
| Direct Debit Authority (DDA) (where applicable) | Original | |
| Undertaking for first time homeowner | Original | |
| Title Document of the property to be mortgaged | Copy | |
| Formal Sector Self Employed | Proof of Business (stating ownership and length of business) for example: | |
| Partnership Deed or | Copy | |
| Bank Certificate for Sole Proprietor / Partnership or | Original | |
| NTN Certificate or | Copy | |
| Rent agreement of office or | Copy | |
| Professional Degree / Diploma &/OR Valid Membership of applicable Professional body or | Copy | |
| Any other valid acceptable business document verifiable from authority fulfilling minimum business tenor requirement. | Copy / Original | |
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Income assessment document – Account Maintenance Letter along with last 6 months Bank Statement Notes: -Maximum of 60 days Bank statement may be accepted -Original Bank statement with bank stamp |
Original | |
| Informal Sector Self Employed | In case customer is employed in informal sector, one of the following documents shall be required to assess customer based on proxy income or repayment surrogates, for example: | |
| Rent Agreement or | Copy | |
| Rent Payment declaration or | Original | |
| Utility Bills or | Copy | |
| School Fee Challan or | Copy | |
| Any other valid expense document (as per defined Income proxy) | Copy | |
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Documents for Bank’s Internal Use
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Original / Copy | |
| Income Estimation / Repayment calculation sheet as per applicable proxy / surrogate | Original | |
| Bureau Reports | Original | |
| Residence / Workplace / Document Verification Report including collateral verification | Original | |
| World Check & NACTA Checks | ||
| NADRA Verysis | Original | |
| Property Appraisal Report | Original | |
| Preliminary Legal Opinion | Original | |
| Final Legal Opinion | Original | |
| Property Insurance-Mandatory | Original | |
| Mortgage Life Insurance-Mandatory | Original | |
Mere Pakistan Mera Ghar Banks and Application Forms
| Bank Name | Official Link |
| National Bank of Pakistan (NBP) | Apply Online |
| Standard Charter | Apply Online |
| Allied Bank of Pakistan (ABL) | Apply Online |
| Meezan Bank | Apply Online |
| Askari Bank | Apply Online |
| United Bank Limited (UBL) | Apply Online |
| AlBaraka | Apply Online |
| Bank Al Habib | Apply Online |
| Bank of Khyber | Apply Online |
| Habib Metro | Apply Online |
| Bank of Punjab | Apply Online |
| JS Bank | Apply Online |
| Soneri Bank | Apply Online |
| Mobilink Bank | Apply Online |
| Samba Bank | Apply Online |
| Bank Alfalah | Apply Online |
| Bank Islami | Apply Online |
| MCB Bank | Apply Online |
| Sindh Bank | Apply Online |
| HBL Bank | Apply Online |
Mera Pakistan Mera Ghar Helpline:
- If you face any problem then you can lodge a complaint via Service Desk
- You can also reach us by calling our helpline (111-727-273)
- n case of any query or further information required on MPMG, please contact at: +92 (0) 3377786786
| SBP Website | Check Online |
| Latest Employees News | Home Page |
