Low-Cost Housing Finance Scheme | Mera Ghar Mera Pakistan

Mera Ghar Mera Pakistan Housing Scheme
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Homeownership is going to become a reality now. The Low and Medium Cost Housing Program aims to provide people with affordable housing and make their dreams of a home come true. This scheme provides affordable and suitable options to meet your building and new home buying needs at reasonable prices.

Mera Ghar Mera Pakistan Features/ Benefits

Tiers 1 – Rs. 2.7 million – 3.5 million; size: 125 square yards (5 Marla) – 850 square yards

Tiers 2 – Rs. 3.0 million – 3.7 million; size: 125 square yards (5 Marla) – 850 square yards

Tiers 3 – Rs. 5.0 million – 6.0 million; size: 125 square yards (10 Marla) – 250 square yards; 850 square feet – 1100 square feet

 Financing Tenure

Depend on the choice of customers – 10, 15, 20 years

Eligibility Criteria

1- All Pakistani nationality holders

2- First time homeowner

3- Can have only one chance to subsidize from this house financing Scheme

Required Documents

1- Loan application form

2- Product disclosure sheet

3- Valid CNIC

4- Passport size colored photographs

5- Direct debit authority

6- Proof of business verified documents

7- Income assessment documents

8- Rent agreements and all sort of bills copy

9- Income estimation sheet

10- Property takaful report

11- Bureau Reports

Payment Plans

Amount to FinanceRs 10 LacsRs 20 LacsRs 30 LacsRs 40 LacsRs 50 Lacs
Monthly Payment6,60013,19919,79931,01238,765
(First five years monthly payments mentioned above are based on 20 years financing period.)

Source: http://nphp.com.pk/ (Naya Pakistan Housing Program)

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