Owning a home is one of the biggest dreams for many families in Pakistan. However, rising property prices and high financing costs often make it difficult for people to buy or build their own houses. To make home ownership easier, Askari Bank, in partnership with the Government of Pakistan and the State Bank of Pakistan (SBP), has introduced the Mera Ghar Mera Ashiana Scheme 2025. This program is specially designed to help low- and middle-income citizens purchase or construct their first home with easy terms and low markup rates.
This complete yet easy-to-understand guide explains what the scheme offers, who can apply, how to apply, and what benefits you can expect.
What Is the Mera Ghar Mera Ashiana Scheme?
The Askari Bank Mera Ghar Mera Ashiana Scheme 2025 is part of a national affordable housing initiative. It allows eligible citizens to buy a house or flat, construct a new home on their own land, or buy a plot and build a home on it. The scheme is supported by the government, which offers a markup subsidy (a lower interest rate) to make repayments more affordable.
In simple words, the government helps reduce the cost of your home loan so that you can pay smaller monthly installments and finally own a home of your own.
Key Features of the Scheme
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Low Markup Rates: Subsidized markup rates make home financing affordable for the first 10 years.
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Flexible Tenure: Loan repayment periods can go up to 20 years, giving borrowers more financial comfort.
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Small Down Payment: Only 10% of the property value is required as an upfront payment.
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Wide Coverage: You can buy, construct, or purchase land to build your home.
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Government Risk Sharing: The State Bank provides risk coverage to encourage banks to lend safely.
Eligibility Criteria
To apply for this scheme, you must meet the following requirements:
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Pakistani Citizen: You must hold a valid CNIC.
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First-Time Homebuyer: You should not already own a house or flat in your name.
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Property Size: Up to 5 marla for houses or 1,360 square feet for flats/apartments.
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Age Limit: Applicants must generally be between 20 and 65 years old.
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Proof of Income: Salaried individuals can submit salary slips and bank statements; business owners can provide business records or tax documents.
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Co-Applicant Option: Spouses or children can combine income to increase the total eligible loan amount.
Loan Details and Financial Structure
The scheme is divided into two tiers:
| Tier | Loan Amount | Markup Rate (First 10 Years) | Tenure |
|---|---|---|---|
| Tier 1 | Up to PKR 2 million | 5% fixed | Up to 20 years |
| Tier 2 | PKR 2–3.5 million | 8% fixed | Up to 20 years |
After the first 10 years, regular bank rates apply.
Equity Contribution:
You need to contribute only 10% of the property cost, while the bank will finance up to 90%.
Processing Fees:
There are no processing fees or prepayment penalties, making this an extremely borrower-friendly program.
Required Documents
When applying, prepare the following documents:
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Copy of CNIC (for both applicant and co-applicant, if any)
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Recent passport-sized photographs
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Proof of income (salary slips, bank statements, or business proof)
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Property documents (sale deed, allotment, or land ownership papers)
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Completed application form provided by Askari Bank
How to Apply for the Scheme
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Visit your nearest Askari Bank branch or a participating bank branch.
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Ask for the Mera Ghar Mera Ashiana housing finance form.
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Fill out the form carefully and attach all required documents.
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The bank will verify your details, check your credit profile, and evaluate the property.
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Once approved, the financing amount will be disbursed.
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Monthly installments will start according to your chosen tenure.
Benefits of Choosing Askari Bank’s Scheme
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Affordable monthly installments
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Long-term financing up to 20 years
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No hidden charges or penalties
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Opportunity to own your first home easily
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Backed by government and SBP support for added security
Things to Keep in Mind
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The government subsidy applies only for the first 10 years.
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Construction or processing delays can affect timelines.
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The property must be in an area approved by Askari Bank.
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Proper documentation is essential for smooth approval.
Final Thoughts
The Askari Bank Mera Ghar Mera Ashiana Scheme 2025 is a great opportunity for individuals and families who dream of owning their first home but struggle with high financing costs. With low markup, flexible repayment terms, and minimal initial investment, this scheme makes home ownership within reach for countless Pakistanis.
If you’re ready to take the first step toward your dream home, visit your nearest Askari Bank branch today and explore the Mera Ghar Mera Ashiana Scheme — your pathway to a secure and affordable future.