SBP unveils Mera Ghar – Mera Ashiana scheme

September 24, 2025 (MLN): The State Bank of Pakistan (SBP) has introduced the "Mera Ghar – Mera Ashiana" Markup Subsidy and Risk Sharing Scheme to promote affordable housing finance across the country.

The initiative aims to facilitate first-time homeowners through subsidized loans and risk coverage for participating banks and financial institutions.

According to the SBP’s SME, Housing and Sustainable Finance Department Circular No. 03 of 2025, the scheme provides concessional financing for the purchase, construction, and development of housing units.

It covers individuals who do not own any house in their name and hold valid Pakistani CNICs.

Key Features of the Scheme

The SBP has directed all banks, Islamic banks, microfinance banks (MFBs), and House Building Finance Company Limited (HBFCL) to ensure proper dissemination of the scheme across their branch networks and digital platforms.

The central bank further instructed participating financial institutions (PFIs) to prepare their systems for smooth implementation while guarding against potential misuse of the facility.

The mechanism for markup subsidy and credit loss coverage payments will be shared later.

This scheme is expected to significantly expand access to affordable housing finance in Pakistan, a long-standing demand of the middle- and lower-income segments.

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