Owning a home is a dream for millions of Pakistanis. To make this dream a reality, the State Bank of Pakistan (SBP) introduced the Mera Ghar Mera Ashiana Scheme, a housing finance initiative that continues to support citizens in 2026 by offering affordable home loans.
If you are planning to build, buy, or renovate a house, this guide explains everything you need to know about the SBP Mera Ghar Mera Ashiana Scheme 2026, including eligibility, benefits, and how to apply.
What Is SBP Mera Ghar Mera Ashiana Scheme?
The Mera Ghar Mera Ashiana Scheme is a housing finance program launched by the State Bank of Pakistan to promote home ownership. Under this scheme, banks provide low-markup and long-term home loans to eligible individuals.
The scheme supports:
- First-time home buyers
- House construction
- Home purchase
- Renovation and extension
Why This Scheme Matters in 2026
With rising property prices and construction costs, owning a home has become difficult. This scheme helps by:
- Offering affordable financing
- Allowing long repayment periods
- Making housing loans accessible to salaried and self-employed individuals
- Supporting the construction and housing sector
Who Can Apply for Mera Ghar Mera Ashiana Scheme 2026?
General eligibility criteria include:
- Pakistani citizen with valid CNIC
- Salaried or self-employed individual
- Stable income source
- First-time home buyer (in most cases)
- Ability to repay monthly installments
👉 Exact eligibility and income limits depend on the bank and SBP guidelines.
Loan Purpose Under the Scheme
You can apply for financing for:
- 🏠 Buying a house or apartment
- 🧱 Constructing a new house
- 🔧 Renovation or extension of an existing home
- 🏗️ Purchase of land followed by construction
Key Benefits of SBP Housing Scheme
Some major benefits include:
- ✔️ Affordable and regulated markup rates
- ✔️ Long loan tenure (up to 20 years in many cases)
- ✔️ Flexible repayment options
- ✔️ Available through multiple banks
- ✔️ Transparent process under SBP supervision
How to Apply for SBP Mera Ghar Mera Ashiana Scheme 2026
Unlike other schemes, applications are submitted through participating banks, not directly through SBP.
Step-by-Step Application Process
Step 1: Choose a Participating Bank
Visit a bank offering housing finance under SBP guidelines.
Step 2: Submit Application Form
Provide:
- CNIC
- Income proof (salary slip or business documents)
- Property details
Step 3: Bank Evaluation
The bank evaluates:
- Your income and repayment capacity
- Property documents
Step 4: Approval & Disbursement
Once approved, loan amount is disbursed as per agreement.
Important Things to Know
- Markup rates and terms may vary by bank
- Processing time depends on document verification
- Always read loan terms carefully before signing
Avoid middlemen or agents claiming guaranteed approval.
Frequently Asked Questions (FAQs) SBP Mera Ghar Mera Ashiana Scheme
Is this scheme available in 2026?
Yes, SBP housing finance facilities continue under updated guidelines.
Can self-employed people apply?
Yes, with proper income documentation.
Is it only for new houses?
No, it also covers purchase, construction, and renovation.
Final Words
The SBP Mera Ghar Mera Ashiana Scheme 2026 remains one of the most reliable options for Pakistanis who want to own a home through affordable and regulated housing finance. By applying through authorized banks and meeting eligibility criteria, you can take a major step toward securing your own home.
