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Mera Ghar Mera Ashiana

The Markup Subsidy and Risk Sharing Scheme for Affordable Housing Finance

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.’

Avail this facility through our conventional and Islamic banking branches.

Product Offerings

  • Home Purchase: This type of facility allows you for the purchase of the constructed property.
  • Construction of a house on an already owned plot: This type of facility is extended to customers who already own land and need funds to meet the cost of constructing the property.
  • Purchase of plot and construction of house: This type of facility is extended to customers who wish to purchase a plot & construct the property on it.

Customer Eligibility Criteria

  • All potential citizens of Pakistan holding valid CNIC.
  • First time homeowner, not owning any housing unit in their name.

Product Features & Benefits

Tiers Maximum Financing Minimum Contribution from customer Rental Rate
Tier 1 Up to PKR 2 million 10% of property value 5% for first 10 years and variable at Kibor+3% for subsequent years
Tier 2 Above PKR 2 million up to PKR 3.5 million 10% of property value 8% for first 10 years and variable at Kibor+3% for subsequent years
Financing Tenure Maximum 20-year financing tenure.
Size of Housing Unit House of up to 5 Marla or flat/apartment of up to 1360 sq ft.

Minimum Documentation:

  • Filled out the application form.
  • CNIC copy of the applicant.
  • Proof of income documents
  • Property (house, flat, or plot for construction) to be mortgaged must be identified and specified by the customer at the time of application submission and initial processing
  • Undertaking for ­first time homeowner
  • Proof of allotment, transfer, and/or Title Document of the property to be mortgaged

For more details, please call our 24/7 customer care centre at 111-1-HABIB (42242).

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