Wazir-e-Azam Apna Ghar Program 2026: SBP’s Rs10 Million Housing Loan Explained
Wazir-e-Azam Apna Ghar Program
Buying your first home in Pakistan just got a little easier. The State Bank of Pakistan (SBP) now backs a housing finance scheme called the Wazir-e-Azam Apna Ghar Program – Ghar Ho Tu Apna, offering loans of up to Rs 10 million at a fixed 5% markup rate. Here’s everything you need to know before you apply.
What Is the Apna Ghar Program?
This scheme used to be known as “Mera Ghar-Mera Ashiana.” In April 2026, the Ministry of Housing and Works renamed it to Wazir-e-Azam Apna Ghar Program – Ghar Ho Tu Apna, and Prime Minister Shehbaz Sharif formally launched the updated version on April 30, 2026.
It works as a markup subsidy and risk-sharing arrangement between the government and participating banks. In simple words, the government pays part of the interest cost on your behalf, so your monthly instalment stays low. Banks handle the actual loan processing, but SBP sets the rules everyone must follow.
The programme covers all four provinces, plus Gilgit-Baltistan and Azad Kashmir, and targets 50,000 homes in its first phase, with a goal of 500,000 homes over four years.
Also Read: PM Apna Ghar Programme 2026: How to Get a Loan from NBFCs (Step-by-Step Guide)
Loan Limit and Markup Rate: What Changed in 2026
The biggest update this year is the loan size. It jumped from Rs 3.5 million to Rs 10 million, a 180% increase, making it possible to finance bigger homes and apartments in cities where property prices have gone up sharply.
| Detail | Updated 2026 Terms |
|---|---|
| Maximum loan amount | Rs 10 million |
| Customer markup rate | Fixed 5% |
| Subsidy period | First 10 years |
| Repayment tenure | Up to 20 years |
| Down payment | 10% (90% financing) |
| Processing fee | None |
| Prepayment penalty | None |
Keep in mind that the government subsidy directly applies on the first Rs 3.5 million of the loan. If you borrow more than that, the extra amount is priced at the bank’s standard commercial rate rather than the subsidised 5%. After the 10-year subsidy period ends, pricing on the subsidised portion shifts to market-based rates linked to KIBOR.
Who Can Apply: Eligibility Criteria
You can apply if you meet these conditions:
- You hold a valid CNIC and are a Pakistani citizen, or you’re an overseas Pakistani/NRP holding a NICOP or POC (this group was added to the scheme in mid-2026).
- You are a first-time home buyer — you, your spouse, or your dependent children must not already own a house or flat anywhere in Pakistan.
- Your age falls between 25 and 60 years for salaried applicants, or up to 65 years for self-employed applicants, by the time the loan matures.
- You can show a steady income, whether from a salary or your own business.
- You have a clean credit and repayment history.
A useful detail for families: banks allow you to combine income with a spouse, parent, or child to meet the minimum income requirement and qualify for a higher loan amount.
Also Read: Apna Ghar Mehfooz Ghar Scheme 2026: Rs. 500,000 Interest-Free Loan to Repair Unsafe Homes
Documents You’ll Need
Get these ready before you visit a branch, so the process doesn’t get delayed:
- CNIC copies of the applicant and co-applicant
- Proof of income (salary slip or business income documents)
- Recent bank account statement
- Property documents or allotment letter
- Domicile certificate
- Two passport-size photographs
- A recent utility bill as address proof
Also Read: Ehsaas Apna Ghar Scheme 2026: KP’s Interest-Free Housing Loan Explained
How to Apply for the Apna Ghar Loan
There’s no single online government portal for this scheme yet. You apply directly through a participating bank. Here’s the process:
- Pick a bank that offers Apna Ghar financing — most major commercial banks, Islamic banks, and the House Building Finance Company (HBFCL) participate.
- Visit the branch or check the bank’s website for their housing finance page.
- Fill out the application form with your personal, income, and property details.
- Submit your documents for verification.
- The bank evaluates the property and your repayment capacity.
- Once approved, the bank disburses the loan as per the agreed schedule.
SBP has directed banks and HBFCL to complete the credit approval process within 15 working days of receiving a complete application, so delays should be shorter than in previous years.
Also Read: PM Apna Ghar Programme 2026 – Rs. 3.2 Trillion, 5 Lakh Ghar Plan
What Kind of Property Qualifies
The scheme finances the purchase, construction, or expansion of a home. Eligible property sizes go up to 10 Marla (roughly 2,720 sq. ft.) for houses and up to 1,500 sq. ft. for flats or apartments. Financing for developer-led housing projects has also been permitted under the revised framework.
Why This Scheme Is Worth Considering
- Lower monthly payments compared to a regular bank loan, thanks to the 5% subsidised rate.
- No extra costs — zero processing fee and no penalty if you pay off the loan early.
- Long repayment window of up to 20 years gives you flexibility.
- Bigger loan ceiling means more buyers can now afford homes in urban areas where prices are higher.
- Wider eligibility, now including overseas Pakistanis, which wasn’t the case before.
Also Read: PM Apna Ghar Programme 2026 – Rs. 160 Billion Housing Loans Approved
A Few Things to Check Before You Apply
Terms can vary slightly from bank to bank, especially processing timelines and property valuation methods. Always confirm the latest markup rate, subsidy limit, and required down payment with your chosen bank before signing anything, since government schemes get revised from time to time.
Also Read: Apna Ghar Mehfooz Ghar Loan – Easiest Way to Apply in 2026
Frequently Asked Questions
Is Mera Ghar-Mera Ashiana still active in 2026?
No. The scheme was renamed by the Ministry of Housing and Works in April 2026. It now operates as the Wazir-e-Azam Apna Ghar Program – Ghar Ho Tu Apna, with updated loan limits and terms.
What is the maximum loan amount under the Apna Ghar scheme?
You can borrow up to Rs 10 million, though the government’s markup subsidy only applies to the first Rs 3.5 million.
What markup rate will I pay?
A fixed 5% for the first 10 years on the subsidised portion. After that, the rate shifts to market-based pricing linked to KIBOR.
Can overseas Pakistanis apply for this loan?
Yes. Since mid-2026, Non-Resident Pakistanis and overseas Pakistanis holding a NICOP or POC can apply under the revised framework.
Is there an online application portal?
Not currently. You need to apply directly through a participating bank branch or the bank’s official website.
How long does approval take?
SBP has instructed banks and HBFCL to finish credit approval within 15 working days of receiving a complete application
Also Read: Apna Ghar Mehfooz Ghar vs Bank Loan – Which Is Better in 2026?
