Owning a home remains one of the biggest dreams for millions of Pakistanis. To make this dream achievable for first-time buyers, the Government of Pakistan has continued its flagship housing initiative Mera Ghar Mera Ashiana Scheme 2026, offering affordable home financing through Meezan Bank.
This scheme is designed for low- and middle-income families who have never owned a house before and want to purchase or build a modest home through long-term, manageable monthly installments.
Below is a complete, easy-to-understand guide covering eligibility, financing limits, installment estimates, and the application process for 2026.
What Is Mera Ghar Mera Ashiana Scheme 2026?
Mera Ghar Mera Ashiana is a government-backed housing finance program that helps eligible citizens become homeowners for the first time. The scheme allows buyers to:
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Purchase a house or apartment
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Buy a plot and construct a home
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Build a house on an already owned plot
The focus is on affordable housing, ensuring middle-class families can own a home without financial stress.
Who Can Apply in 2026? (Eligibility Criteria)
To qualify for the scheme, applicants must meet all of the following conditions:
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First-time homeowner (no property registered in own name)
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Age between 20 and 60 years (at loan maturity)
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Valid Pakistani CNIC
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Combined household income of at least Rs. 40,000 per month
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Property size within scheme limits
This strict eligibility ensures the scheme benefits genuine families, not investors.
Allowed Property Size (Scheme Limits)
To keep housing affordable, the government has set size caps:
| Property Type | Maximum Size |
|---|---|
| House | Up to 5 Marla |
| Flat / Apartment | Up to 1,360 sq ft |
There is no fixed price cap, allowing buyers flexibility within these size limits.
Financing Tenure & Repayment Period
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Maximum financing tenure: 20 years
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Long tenure = lower monthly installments
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Ideal for salaried individuals and self-employed earners
Financing Tiers & Profit Rates (2026)
Tier-1 Financing
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Loan Amount: Up to Rs. 2 million
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Profit Rate:
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5% for the first 10 years
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1-Year KIBOR + 3% after 10 years
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Tier-2 Financing
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Loan Amount: Rs. 2 million to Rs. 3.3 million
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Profit Rate:
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8% for the first 10 years
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1-Year KIBOR + 3% after 10 years
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These subsidized rates make the scheme far cheaper than standard home loans.
Estimated Monthly Installments (20-Year Plan)
| Financing Amount | Approx. Monthly Installment |
|---|---|
| Rs. 1,000,000 | Rs. 6,600 |
| Rs. 1,500,000 | Rs. 9,900 |
| Rs. 2,000,000 | Rs. 13,200 |
| Rs. 2,500,000 | Rs. 20,900 |
| Rs. 3,000,000 | Rs. 25,100 |
| Rs. 3,300,000 | Rs. 29,300 |
Installments are indicative and based on initial subsidized rates.
Fast Processing Through Meezan Easy Home
Applications under the scheme are processed through Meezan Easy Home, ensuring:
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Faster approval
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Transparent verification
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Shariah-compliant financing
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Professional guidance at branches
This reduces delays and paperwork for applicants.
How to Apply for Mera Ghar Mera Ashiana Scheme 2026
The application process is simple and branch-based:
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Visit your nearest Meezan Bank branch or apply online through (https://www.meezanbank.com/mera-ghar-mera-ashiana)
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Submit application form with CNIC and income documents
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Bank verifies eligibility and property details
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Financing approval issued
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Property purchase or construction process begins
Both men and women can apply independently.
Why This Scheme Matters
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Makes home ownership possible for the middle class
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Reduces rent dependency
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Encourages legal housing development
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Supports long-term financial stability
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Promotes dignified living standards
FAQs – Quick Answers
Is this scheme only for first-time buyers?
Yes. Applicants must not own any residential property.
What is the maximum loan amount in 2026?
Up to Rs. 3.3 million under Tier-2.
Is the installment period flexible?
Yes, up to 20 years.
Can women apply separately?
Absolutely. The scheme is gender-neutral.
Is the financing Islamic?
Yes, it is fully Shariah-compliant.
Final Verdict
Mera Ghar Mera Ashiana Scheme 2026 is one of Pakistan’s most practical housing initiatives for families earning modest incomes. With subsidized rates, long repayment tenure, and bank-supported processing, it offers a realistic path to home ownership.
If you are renting today but dreaming of your own home, this scheme could be the opportunity that finally makes it possible.
source: Meezan Bank
This content is published for general information and awareness purposes. kixxoil.pk is an independent informational website and is not officially connected with any government authority or public institution. Readers are encouraged to confirm details directly from official sources before making any decisions.
