Owning a home in Pakistan has become increasingly challenging for middle- and low-income families due to high property prices and limited access to housing finance. To make home ownership more achievable, the Government of Pakistan, in collaboration with the State Bank of Pakistan (SBP), has launched the Mera Ghar Mera Ashiana Scheme 2025.
Through this initiative, Askari Bank offers subsidized housing loans with low markup rates, simple documentation, and flexible repayment options — making it easier for first-time buyers to purchase or construct their own homes.
Overview of the Scheme
The Mera Ghar Mera Ashiana Scheme 2025 is a government-backed housing finance plan designed to help Pakistani citizens buy or build their first home. It provides affordable loans with long tenures, government-funded markup subsidies, and easy eligibility criteria.
Features (Askari Bank – 2025 Update)
- Scheme Type: Government-Subsidized Housing Finance
- Participating Bank: Askari Bank
- Eligibility: First-time homebuyers (no existing property)
- Loan Purpose: Purchase or construction of a house or apartment
- Tenure: Up to 20 years
- Subsidy Duration: First 10 years
- Buyer Equity: Around 10% of property value
- Financing Limit: Up to 90% of total value
- Maximum Loan Amount: PKR 3.5 million
This initiative aims to make housing loans affordable for those who previously could not qualify for traditional banking finance.
Eligibility Criteria
To qualify for the Mera Ghar Mera Ashiana Scheme 2025 through Askari Bank, applicants must meet the following conditions:
- Must be a Pakistani citizen with a valid CNIC
- Must be a first-time homebuyer (no existing home ownership)
- Age limit: 20 to 65 years (depending on bank policy)
- Must have verifiable income or business proof
- Property size: Up to 5 marla (house) or 1,360 sq. ft (flat)
- Co-applicant: Spouse or child allowed to combine income for higher eligibility
These requirements ensure that genuine home seekers benefit from the program.
Loan Structure and Markup Tiers
Askari Bank divides its Mera Ghar Mera Ashiana loan into two main tiers based on loan amount and markup rate. The government subsidizes the markup for the first 10 years to make monthly payments affordable.
| Tier | Loan Range | Subsidy Period | Fixed Markup Rate | Maximum Tenure |
|---|---|---|---|---|
| Tier 1 | Up to PKR 2 million | 10 years | 5% | 20 years |
| Tier 2 | PKR 2 – 3.5 million | 10 years | 8% | 20 years |
Additional Financial Details:
- Down Payment: 10% of total property value
- Financing: Up to 90%
- Processing Fee: None
- Prepayment Penalty: Not applicable
- Risk Coverage: 10% guaranteed by SBP
This flexible structure allows citizens to access long-term, low-markup home loans without heavy financial pressure.
Required Documents
Applicants must prepare and submit the following documents for quick approval:
- Copy of CNIC (Applicant & Co-applicant)
- Passport-size photographs
- Salary slips (for salaried applicants)
- Six-month bank statement
- Business proof or financial documents (for self-employed)
- Property ownership or purchase documents
- Duly filled Askari Bank housing loan application form
Ensure that all documents are valid and up to date before applying to prevent delays.
Step-by-Step Application Process
Follow these steps to apply for a loan under the Mera Ghar Mera Ashiana Scheme 2025 through Askari Bank:
- Visit any Askari Bank branch and request the housing-finance application form.
- Fill in the form carefully with accurate details.
- Attach all required documents.
- The bank will verify your income, CNIC, and property details.
- Property evaluation and legal verification will be conducted.
- Once approved, loan funds will be released directly for purchase or construction.
- Repayment will start as per the agreed monthly installments.
- Full ownership will be transferred after completion of repayment.
Top Benefits of Applying via Askari Bank
Applying through Askari Bank provides a transparent, reliable, and convenient process under the Mera Ghar Mera Ashiana 2025 initiative.
| Benefit Type | Details |
|---|---|
| Low Markup | Fixed 5% – 8% for first 10 years |
| Long Tenure | Up to 20 years repayment period |
| Down Payment | Only 10% required |
| Hidden Charges | None |
| Prepayment | No penalty |
| Customer Support | Full guidance from Askari Bank team |
| Government Support | SBP-backed subsidy and risk coverage |
Tip: Before applying, confirm that your housing project or property is approved by Askari Bank.
Tips for Fast Loan Approval
To ensure a smooth and successful process:
- Complete all documents before applying.
- Make sure your property is in an approved housing society.
- Maintain a clean bank and credit record.
- Respond quickly to any verification calls or requests.
- Clarify markup adjustment after the 10-year subsidy period.
Conclusion
The Mera Ghar Mera Ashiana Scheme 2025 through Askari Bank is an excellent opportunity for Pakistan’s middle- and low-income families to own their first home. With low markup rates, long repayment plans, and no hidden costs, this program promotes housing growth and financial inclusion nationwide.
Visit your nearest Askari Bank branch or check the State Bank of Pakistan’s official updates for current information and application forms.
FAQs – Mera Ghar Mera Ashiana Scheme 2025
1. Who can apply for this housing scheme?
Any Pakistani citizen aged 20 to 65 who is buying a home for the first time can apply.
2. What is the maximum loan amount from Askari Bank?
Up to PKR 3.5 million, depending on income and property size.
3. Are there any processing fees?
No, Askari Bank does not charge processing fees or hidden costs under this scheme.
4. Can I include my spouse as a co-applicant?
Yes, you can include your spouse or child to combine income and increase eligibility.
5. Is property valuation mandatory?
Yes, property valuation and legal verification are required before loan approval.
