The Government of Pakistan’s Apna Ghar Prime Minister Housing finance initiative aims to make homeownership easier for first-time buyers through subsidized loans and flexible repayment options.
Backed by the State Bank of Pakistan (SBP) and implemented with support from the Pakistan Housing Authority Foundation (PHAF), the scheme targets low and middle income families across Pakistan.
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Features of Apna Ghar PM Scheme
- Eligibility: First-time homeowners with a valid CNIC and no existing property
- Loan Tenure: Up to 20 years
- Financing Limit: Up to Rs. 10 million
- Markup Rate: Around 5% for first 10 years (revised later)
- Property Size:
- House: Up to 10 Marla (2,720 sq. ft.)
- Flat: Up to 1,500 sq. ft.
- Loan-to-Value (LTV):
- 90% financed by bank
- 10% paid by applicant
- Processing Charges: No fee, no prepayment penalty
- Risk Coverage: 10% portfolio coverage
- Total Outlay: Rs. 3,219 billion over 20 years
Participating Banks
Applicants can choose from multiple financial institutions, including:
- Albaraka Bank Ltd
- Allied Bank Ltd
- Askari Bank Ltd
- Bank Alfalah Ltd
- Bank Al-Habib Ltd
- Bankislami Pakistan Ltd
- Dubai Islamic Bank Pakistan Ltd
- Faysal Bank Ltd
- First Women Bank Ltd
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Here’s How to Apply
- Habib Bank Ltd
- Habib Metropolitan Bank Ltd
- Js Bank Ltd
- MCB Bank Ltd
- MCB Islamic Bank Ltd
- Meezan Bank Ltd
- National Bank Of Pakistan
- Samba Bank Ltd
- Sindh Bank Ltd
- Soneri Bank Ltd
- Standard Chartered Bank (Pakistan) Ltd
- The Bank Of Khyber
- The Bank Of Punjab
- United bank Ltd
- House Building Finance Company Limited
- ASA Pakistan Microfinance Bank
- HBL Microfinance Bank
- Khushhali Microfinance Bank
- Mobilink Microfinance Bank
- LOLC Microfinance Bank
- U Microfinance Bank
Step-by-Step: How to Apply Online
Step 1: Check Eligibility
Make sure you meet the basic requirements:
- Pakistani citizen with CNIC
- First-time home buyer
- Stable source of income
Step 2: Visit the Official Portal
Go to the Apna Ghar website:
Step 3: Create an Account
- Register using your CNIC, mobile number, and email.
- Verify your account via OTP and log in.
Step 4: Fill Application Form
Provide complete details, including:
- Personal information
- Employment and income details
- Loan amount and duration
- Property details (if available)
Step 5: Upload Required Documents
- CNIC copy
- Salary slips or business proof
- Bank statements
- Property documents (if applicable)
Step 6: Select a Bank
Choose your preferred bank from the approved list based on your convenience and terms.
Step 7: Application Review
The selected bank will assess your financial profile, repayment capacity, and documents.
Step 8: Loan Disbursement
Once approved, funds are released either in phases (for construction) or as a lump sum (for purchase).
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Helpful Tips for Approval
- Keep all documents updated and clear
- Maintain a strong banking history
- Provide accurate income details
- Double-check your application before submission
Background and Importance
Pakistan has long faced a housing shortage, especially for middle- and lower-income groups. Government-backed schemes like Apna Ghar aim to bridge this gap by offering affordable financing and encouraging formal homeownership through banking channels.
