The federal government has unveiled a major housing finance package under the Apna Ghar Program today for expanding homeownership opportunities across Pakistan, according to official documents.
Under the proposed scheme, eligible applicants will be able to obtain housing financing of up to Rs. 10 million for a repayment period of 20 years.
The program will offer multiple financing slabs, allowing borrowers to access loans of Rs. 2.5 million, Rs. 5 million, Rs. 7.5 million, or Rs. 10 million, depending on eligibility and repayment capacity.
The financing structure includes a fixed markup rate of 5 percent for the first 10 years, after which the remaining tenure will be subject to the prevailing market-based markup rate.
Estimated monthly installments under the scheme are:
To qualify, applicants must hold a valid national identity card and must not already be heavily indebted.
The Apna Ghar Program is exclusively designed for first-time homebuyers. To qualify, an applicant must have a valid CNIC and must not currently own any housing unit.
The scope of the financing is broader than just standalone houses. In addition to purchasing a 10-Marla plot for construction or a 10-Marla ready-built house, eligible citizens can also utilize the loan to purchase an apartment of up to 1,500 square feet.
Interested applicants are encouraged to submit their applications online exclusively through the official digital portal at www.apnaghar.gov.pk or at designated desks within participating bank branches across the country.
The loan can be used to purchase a 10-marla residential plot or acquire a constructed house of a similar size. Financing will cover up to 90 percent of the property value under the government scheme, while applicants will arrange the remaining 10 percent themselves.
Housing loans will be available through Islamic banks, commercial banks, microfinance banks, and the House Building Finance Company.
Importantly, applicants will not be required to pay any processing fee or upfront payment before loan approval.
The program will be jointly monitored by the State Bank of Pakistan and the Pakistan Housing Authority Foundation to ensure transparency and implementation oversight.
Applications will be submitted online through a digital portal managed by the Ministry of Finance, and final loan approval is expected within one month after submission of a complete application.
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