The Government of Pakistan, in collaboration with the State Bank of Pakistan, has launched the Wazir-e-Azam Apna Ghar Program-Ghar Ho Tu Apna scheme to make affordable housing accessible to low and middle-income citizens. Through this scheme, customers can now purchase or construct their dream home with subsidized markup rates and risk-sharing support.

Eligibility Criteria

• Must be a citizen of Pakistan holding a valid CNIC
• Must be a first-time homeowner (should not own any housing unit in their name)
• One subsidized home loan per individual.
• Exclusions as applicable per Bank’s Credit policy
• Time of doing business (for businessmen) 1 years
• Total Job experience (for Salaried individuals) 1 years
• Annual Income limit Rs. 1,500,000
• Loan to Value (LTV) Ratio is 90:10 (90% loan & 10% equity)

Purpose:

• Purchase of a house or flat
• Construction on an owned plot
• Purchase of plot and construction of house

Size of Housing Unit:

• House: Up to 10 Marla / 2,720 sq. ft.
• Flat/Apartment: Up to 1,500 sq. ft.

Loan Amount:

• Up to Rs. 05 Million.

Collateral:

• Mortgage of the financed housing unit

Loan Tenure:

• Up to 20 years (markup subsidy applicable for the first 10 years)

Markup Rate for Customer:

• For first 10 years: 5%
• After 10 years: KIBOR + 03%

Bank Charges:

• No processing cost
• No prepayment penalty

How to Apply

Visit your nearest Khushhali Microfinance Bank branch to learn more about eligibility, documentation, and the simple application process under the Wazir-e-Azam Apna Ghar Program-Ghar Ho Tu Apna scheme.