Owning a house is one of life’s biggest dreams, but for many Pakistanis, rising property prices make it seem out of reach. To help families turn that dream into reality, Askari Bank has introduced the Mera Ghar Mera Ashiana Scheme 2025 — a home financing program designed especially for low and middle-income citizens. This initiative, backed by the State Bank of Pakistan (SBP), offers easy financing with subsidized markup rates and flexible repayment options.
What Is the Mera Ghar Mera Ashiana Scheme?
The Mera Ghar Mera Ashiana Scheme is part of a government-supported affordable housing initiative that aims to make homeownership accessible for everyone. Through Askari Bank, eligible applicants can apply for financing to:
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Buy an existing house or flat
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Build a home on their own land
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Purchase a plot and construct a new home
The scheme supports modest housing units — up to 5 marla for houses and 1,360 square feet for flats — ensuring affordability and practicality for average families.
Key Features at a Glance
| Feature | Details |
|---|---|
| Markup Subsidy | Tier 1: 5%, Tier 2: 8% (first 10 years) |
| Loan Tenure | Up to 20 years |
| Loan Amount | PKR 2–3.5 million (depending on tier) |
| Down Payment | 10% only |
| Financing Coverage | Up to 90% of property value |
| Processing Fees | None |
| Risk Sharing | Backed by the State Bank of Pakistan |
This risk-sharing arrangement encourages banks to lend more easily, while keeping costs low for borrowers.
Eligibility Criteria
To qualify for Askari Bank’s Mera Ghar Mera Ashiana Scheme 2025, applicants must meet the following requirements:
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Pakistani Citizen with a valid CNIC
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First-time Homebuyer (should not already own a house or flat)
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Age Limit: Between 20 and 65 years (depending on bank policy)
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Property Size: Maximum 5 marla for houses, or 1,360 sq. ft for flats
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Income Proof:
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Salaried individuals need salary slips and bank statements
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Business owners must show business records or tax documents
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Co-Applicant Option: Spouses or children can apply together to increase total income eligibility
Loan Details & Financing Structure
The scheme is divided into two main tiers, based on loan size and markup subsidy:
| Tier | Loan Amount | Markup Rate (First 10 Years) | Maximum Tenure |
|---|---|---|---|
| Tier 1 | Up to PKR 2 million | 5% | 20 years |
| Tier 2 | PKR 2–3.5 million | 8% | 20 years |
After the first 10 years, normal bank rates may apply, but borrowers still benefit from a decade of reduced costs and manageable monthly payments.
Documents Required
To apply, you’ll need to provide:
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Copy of CNIC (for all applicants)
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Recent passport-size photographs
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Proof of income (salary slips, bank statements, or business records)
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Property or plot documents (ownership or title papers)
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Completed application form
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Co-applicant documents, if applying jointly
How to Apply
Applying for the Mera Ghar Mera Ashiana Scheme is simple:
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Visit any Askari Bank branch or an authorized partner bank.
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Request the home financing application form.
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Fill in all details carefully and attach the required documents.
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Submit your application for verification and processing.
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Bank evaluation: Askari Bank will verify your income, credit history, and property details.
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Approval & Disbursement: Once approved, the bank will release the funds for property purchase or construction.
After approval, your monthly installments begin according to the selected tenure. Once the full amount is repaid, ownership is transferred completely to your name.
Why Choose Askari Bank’s Scheme?
Here are some major benefits of choosing Askari Bank’s Mera Ghar Mera Ashiana program:
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Low markup rates for the first 10 years
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Long repayment period — up to 20 years
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Minimal down payment (only 10%)
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Zero processing or prepayment charges
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Government-backed protection through SBP risk-sharing
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Ideal for first-time homeowners looking for affordable housing
Things to Keep in Mind
While this scheme makes homeownership easier, it’s important to consider:
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The subsidy applies only for the first 10 years
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Property must be in a bank-approved area or housing society
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Construction delays or documentation errors can slow approval
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Regular repayments are essential to maintain good credit standing
Final Thoughts
The Askari Bank Mera Ghar Mera Ashiana Scheme 2025 is a valuable opportunity for hardworking Pakistanis to buy or build their own home with government support and low financing costs. With flexible terms, no hidden charges, and fair eligibility criteria, it offers real hope for families aiming to secure their future.
If you’re ready to take the next step toward homeownership, visit your nearest Askari Bank branch today and start your journey toward your very own “Mera Ghar, Mera Ashiana.”
