SBP unveils Mera Ghar – Mera Ashiana scheme

MG News | September 24, 2025 at 04:28 PM GMT+05:00
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
Parameters | Features |
---|---|
Eligibility | First-time homeowners, Pakistani citizens with valid CNICs, no prior house ownership |
Scope | - Purchase of house/flat - Construction on owned plot - Purchase of plot + construction |
Size of Unit | House up to 5 Marla or flat/apartment up to 1360 sq. ft. |
PFIs | All commercial banks, Islamic banks, MFBs, and HBFCL |
Maximum Loan Size | Tier 1: Up to PKR 2.0m Tier 2: Above PKR 2.0m and up to PKR 3.5m |
Loan Tenor | Up to 20 years (markup subsidy for 10 years) |
Bank Pricing | One-Year KIBOR + 3% |
End-User Pricing | Tier 1: 5% fixed Tier 2: 8% fixed |
Bank Charges | No processing cost, no prepayment penalty |
LTV Ratio | 90:10 (90% loan, 10% equity) |
Risk Coverage | 10% of outstanding portfolio covered on first-loss basis |
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.
Copyright Mettis Link News
Related News
Name | Price/Vol | %Chg/NChg |
---|---|---|
KSE100 | 162,257.01 562.77M | 1.87% 2976.92 |
ALLSHR | 99,380.23 1,709.54M | 1.45% 1420.48 |
KSE30 | 49,723.02 249.85M | 2.19% 1064.70 |
KMI30 | 242,320.07 203.65M | 1.92% 4557.15 |
KMIALLSHR | 67,250.10 719.31M | 1.41% 933.64 |
BKTi | 43,218.98 85.51M | 2.61% 1101.06 |
OGTi | 33,939.93 32.55M | 2.48% 822.14 |
Symbol | Bid/Ask | High/Low |
---|
Name | Last | High/Low | Chg/%Chg |
---|---|---|---|
BITCOIN FUTURES | 109,915.00 | 110,990.00 109,270.00 | -105.00 -0.10% |
BRENT CRUDE | 69.75 | 70.76 69.11 | 0.33 0.48% |
RICHARDS BAY COAL MONTHLY | 86.50 | 0.00 0.00 | 0.30 0.35% |
ROTTERDAM COAL MONTHLY | 94.35 | 94.35 93.70 | 0.15 0.16% |
USD RBD PALM OLEIN | 1,085.00 | 1,085.00 1,085.00 | 0.00 0.00% |
CRUDE OIL - WTI | 65.19 | 66.42 64.66 | 0.21 0.32% |
SUGAR #11 WORLD | 16.35 | 16.44 16.21 | 0.07 0.43% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
Name | Last | Chg/%Chg |
---|
Name | Last | Chg/%Chg |
---|