🏡 Complete Guide to Housing Loan Schemes in Pakistan (2025)
1. Introduction
Owning a home is a dream shared by millions of Pakistanis. Rising property prices and limited savings often make this goal difficult without financial help. To assist, the Government of Pakistan along with commercial banks and microfinance institutions has launched a variety of housing loan schemes.
These include government-subsidized options like Mera Pakistan Mera Ghar (MPMG), Apna Ghar Scheme, and specialized products like Roshan Apna Ghar for overseas Pakistanis. This comprehensive guide provides everything you need to know about government loan schemes in Pakistan, including eligibility, application steps, and required documents.
2. Types of Housing Loan Schemes
A. Mera Pakistan Mera Ghar (MPMG)
Launched by the State Bank of Pakistan and NAPHDA, this is the flagship home financing initiative. MPMG targets first-time homeowners and offers subsidized markup rates from 2% to 7%, depending on the financing tier.
- Eligible Users: Pakistani residents and NRPs (NICOP holders), aged 25-60, first-time home buyers
- Uses: Purchase, construction, or renovation of homes
- Loan Amounts: Up to PKR 10 million
- Tenure: 5 to 20 years
- Markup: Fixed for 5-10 years, then variable per market
B. Apna Ghar Scheme (HBFC and Partner Banks)
This scheme targets middle-income individuals and families. It provides home loans for buying, building, or renovating houses through HBFC and partner banks like BOP.
- Eligible Users: Salaried (age 21–60), self-employed (up to 70), NRPs
- Loan Amount: Up to 85% of the property value
- Markup Rate: KIBOR + 3.5% or PKRV + 4%, annually adjusted
- Tenure: 3–20 years
C. Roshan Apna Ghar (for Overseas Pakistanis)
Non-resident Pakistanis with Roshan Digital Accounts (RDAs) can access this product. Options include both lien-based (linked to deposits) and non-lien financing.
- Participants: NRPs with NICOP and RDA
- Coverage: 85% to 99% of home cost
- Tenure: 3 to 25 years
- Markup Rate: KIBOR + 1.5% or bank spread
D. Interest-Free Home Loan Schemes
Interest-free housing finance is available via microfinance and social programs such as:
- Akhuwat Foundation
- NRSP Microfinance Bank
- Ehsaas Loan Program
- PM Kamyab Jawan & Youth Schemes
These support lower-income households with zero or minimal markup.
3. Detailed Scheme Comparison
| Scheme | Provider | Eligibility | Interest Rate | Tenure | Max Loan |
| Mera Pakistan Mera Ghar | Govt + Banks (MPMG) | First-time buyers | 2–7% fixed, then market rate | 5–20 yrs | Up to PKR 10M |
| Apna Ghar | HBFC + Banks | Salaried, Self-employed | KIBOR + 3.5%, PKRV + 4% | 3–20 yrs | 85% of property |
| Roshan Apna Ghar | HBL, UBL, Meezan | NRPs with NICOP & RDA | KIBOR + Spread (1–1.5%) | 3–25 yrs | Up to PKR 100M |
| Microfinance Loans | Akhuwat, NRSP | Low-income individuals | 0% (Interest-free) | 1–5 yrs | Varies (PKR 0.5M+) |
4. Eligibility Criteria
Each scheme has different eligibility conditions:
| Criteria | Details |
| Age | 20–65 years (varies by bank and scheme) |
| Nationality | Pakistani citizens, NRPs with NICOP |
| Income | PKR 25,000/month minimum (varies by bank) |
| Employment | Salaried, business owner, freelancer, NRP |
| First-time Buyer | Required for MPMG, not others |
| Property Location | Must be in Pakistan |
5. Required Documents
| Document | Purpose |
| CNIC / NICOP | Identity verification |
| Passport-size Photographs | Standard application requirement |
| Income Proof (Salary slips / Bank stmt) | Monthly affordability check |
| Property Papers | Sale deed, ownership, or agreement |
| Employment/Business Proof | Job letter or tax/business records |
| Utility Bills | Address verification |
| RDA Details (For NRPs) | For Roshan Apna Ghar |
6. Step-by-Step Loan Application Process
- Select a scheme based on eligibility and needs
- Contact the bank or visit their website
- Prepare your documents according to checklist
- Submit your application (online or at a branch)
- Verification & Credit Assessment
- Property valuation & legal vetting
- Final approval & disbursement
7. How to Apply Online for Mera Pakistan Mera Ghar
- Visit the website of your preferred bank
- Go to the MPMG or Housing Finance section
- Fill out the online form with personal and financial details
- Upload scanned documents
- Submit and track your application
Alternatively, use the official Kamyab Jawan portal: yes.kamyabjawan.gov.pk
8. List of Banks Offering Housing Finance in Pakistan
| Bank Name | Schemes Offered | Website |
| Meezan Bank | MPMG, Islamic Home Finance | meezanbank.com |
| HBL | MPMG, Roshan Apna Ghar | hbl.com |
| UBL | Home Finance, Roshan Apna Ghar | ubldigital.com |
| Bank Islami | MPMG, Islamic Housing Loan | bankislami.com.pk |
| Askari Bank | MPMG, Conventional Home Loan | askaribank.com.pk |
| Bank of Punjab | Apna Ghar, MPMG | bop.com.pk |
| HBFC | Apna Ghar Scheme | hbfc.com.pk |
9. Key Benefits of Government Housing Schemes
- Affordable homeownership for first-time buyers
- Low or subsidized markup rates
- Long repayment tenure (up to 25 years)
- Encourages investment in real estate
- Special support for low-income households and NRPs
10. FAQs (Extended Answers)
Q1: What is the minimum income required to get a housing loan?
Most banks require a net monthly income of PKR 25,000 to PKR 40,000 for salaried individuals. For NRPs and business owners, proof of consistent income over 6–12 months is necessary. Income plays a critical role in loan assessment, as banks evaluate debt burden ratio (DBR) and EMI affordability.
If your income is below this threshold, you may explore microfinance or interest-free housing options through Akhuwat and Ehsaas programs.
Q2: Can overseas Pakistanis apply for housing loans?
Yes. Overseas Pakistanis with Roshan Digital Accounts and NICOP are fully eligible for housing loans under Roshan Apna Ghar and even Apna Ghar Scheme. The financing can be used for buying, building, or renovating homes in Pakistan.
These loans offer up to 99% financing, and the process is streamlined with digital submissions, income verification via foreign bank statements, and disbursement in PKR.
Q3: Can I get a home loan to build a house on my own land?
Absolutely. All three major schemes—MPMG, Apna Ghar, and Roshan Apna Ghar—allow financing for construction on owned land. You need to provide property documents, building plan, and construction estimate from a certified architect.
Once approved, banks release funds in installments, linked to construction progress (foundation, structure, finishing, etc.).
Q4: Is renovation or house improvement covered?
Yes. Most housing schemes provide home improvement loans. Under MPMG and Apna Ghar, you can get up to 30%-40% of home value for renovations. Common uses include adding rooms, plumbing, roofing, and structural repair.
Ensure you have original house ownership and renovation plan with itemized budget when applying.
Q5: Is there an interest-free home loan option in Pakistan?
Yes. Interest-free or qard-e-hasana housing loans are available from organizations like Akhuwat Foundation, NRSP, and other microfinance programs. These are best suited for low-income families who cannot afford markup-based repayments.
They offer small loans (PKR 100,000 to 1,000,000), with flexible repayment over 1–5 years. You often need community recommendation or group guarantees.
11. Conclusion
With increasing urbanization and rising property costs, home financing is becoming more essential in Pakistan. The variety of housing loan schemes available now ensures that everyone—from a salaried worker to an overseas Pakistani—can access funds to buy, build, or improve their home.
Government-backed options like Mera Pakistan Mera Ghar and Apna Ghar offer affordability. Meanwhile, Roshan Apna Ghar caters to NRPs, and interest-free loans support lower-income families.
Carefully assess your income, eligibility, and repayment capacity, then select the most suitable scheme. With the right planning and documentation, you can secure your dream home in 2025 and beyond.
