Mera Pakistan Housing Scheme – Bank of Punjab Home Loan 2022
Government’s Mark up Subsidy Scheme for Housing Finance
Lack of affordability is a key factor depriving low-income population from access to institutionalized housing finance to meet their respective needs. In order to facilitate availability of long-term affordable funding for housing to these segments of society, GOP and State Bank of Pakistan (SBP) have decided to introduce a “Government’s Mark up Subsidy Scheme for Housing Finance”.
All men/women holding CNIC
First time house owner
One individual can have subsidized house loan facility under this scheme only once
Minimum Age at the time of application-25 years.
Maximum Age for both applicants and co-applicants upon the maturity of the financing should not exceed
60 Years for SI and
65 Years for SEP & SEB;
Tier of Scheme
Financing under Tier 1 is available through banks for financing under NAPHDA projects
Financing under Tier 2 and Tier 3 is available through banks for financing of housing units/Apartments/Flats under non-NAPHDA projects
Size of Housing Unit
Size of the loan is segregated into three tiers, as under:
Tier 1 (T1)
(a) House up to 125 sq yds (5 Marla) with maximum covered area of 850 sq ft and
(b) Flat/apartment with maximum covered area of 850 sq ft.
Tier 2 (T2)
(a) House up to 125 sq yds (5 Marla) and
(b) flat/apartment with maximum covered area of 1,250 sq ft.
Tier 3 (T3)
(a) House upto 250 sq yds (10 Marla) and
(b) flat/apartment with maximum covered area of 2,000 sq ft.
Age of Housing Unit
Newly constructed housing units during last one year from the date of application. However, this requirement will not be applicable till March 31, 2023 under Tier 2 and Tier 3.
Maximum Price of Housing Units
Maximum Price (Market Value) of a single housing units/Apartments/Flats at the time of approval of financing, as under:
Tier 1 (T1) – Rs 3.5 million
Tier 2 (T2) and Tier 3 (T3) – No cap
Maximum loan size
Maximum size of the loan of a single housing unit, as under:
Tier 1 (T1) – Rs 2.7 million
Tier 2 (T2) – Rs 6.0 million
Tier 3 (T3) – Rs 10.0 million
Long term housing finance loans.
Tenure of Loan
Minimum 5 years and maximum 20 years loan tenor, depending upon choice of customers.
No minimum or maximum salary
No minimum or maximum job experience required.
Whole of Pakistan.
Based on Monthly Installment (MI) payable on the 1st of every month.
Processing Fee & Charges
Processing Fees* Rs. 5000/-
Other charges at Actual
Processing fee is payable for approved cases at the time of disbursement.
List of Required Documents Download
Low Cost Housing Calculator Download
Low Cost Housing Branches Download
Low Cost Housing Application Forms
Formal Salaried Person Form Download
Formal Business Form Download
Informal Income Person Form Download
SBP Circular on Low Cost Housing Download
Low Cost Housing Flyer Download