Askari Bank Mera Ghar Mera Ashiana Scheme 2025

In Pakistan, shortage of housing and rising property costs have made owning a home a problematic dream for many. The Government of Pakistan, with support after the State Bank, hurled the “Mera Ghar Mera Ashiana” scheme. Under this scheme, citizens with low or middle income can get affordable support to build or buy families. Askari Bank is amongst the contributing banks contribution this ability with its existing home money services.

Below is a quick overview table followed by full details:

Quick Details for Askari Bank Mera Ghar Mera Ashiana Scheme

Program / Scheme	Start / Launch	End / Deadline*	Assistance / Subsidy	Application Mode (Online / Offline)
Mera Ghar Mera Ashiana (affordable housing finance)	Launched September 2025	Ongoing (until further notice)	Subsidy on markup: Tier-1 ~5%, Tier-2 ~8% (for first 10 years)	Apply via Askari Bank branch or partner bank (offline)
Askari Bank Mortgage / Home Finance (Normal / Islamic)	Already operating	No fixed end	At rates linked to bank pricing / products	Askari Bank branch / official website

The “end date” is not fixed — the government or SBP may revise scheme timelines. Always check latest updates.

What is “Mera Ghar Mera Ashiana”?

“Mera Ghar Mera Ashiana” is a subsidy / markup-subsidy and risk sharing scheme presented by the State Set of Pakistan to promote reasonable cover finance.

Under this scheme, first-time homeowners can smear for subsidized home advances through contributing banks, including Askari Bank. The arrangement covers:

Buying a house or flat
Constructing a house on already owned land
Buying a plot + building on it

The supported housing unit size is up to 5 marla for houses, or 1,360 square feet for flats/apartments.

Eligibility Criteria: Who Can Apply?

To be eligible for Askari Bank Mera Ghar Mera Ashiana Scheme, you must meet certain criteria:

Must be a citizen of Pakistan with valid CNIC.
First-time homeowner — you must not already own any housing cover unit in your name.
Proposed property must meet size restrictions: up to 5 marla for houses, or up to 1,360 sq ft for flats.
Age: Applicants must typically be between 20 and 65 years old (or according to bank’s policy).
Must have stable pay and aptitude to repay:
– For salaried persons: salary slips, bank statements.
– For business persons: business history, financial records.
A co-applicant (spouse, children) is allowed to combine incomes to upsurge suitability.

Askari Bank also has its own home finance / mortgage products, which may have additional criteria.

Financial Details: Loan Amount, Rates, Tenure

Here are the detailed financial features of the Askari Bank Mera Ghar Mera Ashiana Scheme and Askari’s related home financing:

Loan Amount & Tiers

Under Mera Ghar Mera Ashiana, there are two tiers:
• Tier 1: up to PKR 2.0 million
• Tier 2: above PKR 2.0 million up to PKR 3.5 million
Maximum loan tenor is 20 years, with government subsidy on markup for first 10 years.
Customer fixed markup rates:
• Tier 1: 5%
• Tier 2: 8%
Bank pricing (for participating banks) is 1-year KIBOR + 3%.

Equity / Down Payment & LTV

You (the buyer) will contribute 10% equity (your own funds), and the bank finances 90%.
There is no processing fee and no prepayment penalty under this scheme.
The State Bank will provide 10% risk coverage on the outstanding portfolio (first-loss basis).

Askari Bank’s normal mortgage or home finance crops may allow larger quantities beyond system limits, but when applying under Mera Ghar Mera Ashiana, you must follow system rules.

Required Documents

When you apply, you must submit:

Copy of CNIC
Recent passport-size photographs
Proof of income: salary slips, bank statements, business records
Property / plot documents (title deed, registration papers)
Completed application form

If co-applicant is used, their CNIC and income proof must also be submitted.

How to Apply (Step by Step)

Visit a branch of Askari Bank or any partaking bank, and ask for the “Mera Ghar Mera Ashiana / Housing Finance” application form.
Fill out the form and ascribe all required documents.
Bank will verify your income, credit history, and stuff documents.
Property estimate will be done by the bank.
If approved, the financing will be disbursed for acquisition / construction / plot + structure.
You will repay via monthly installments over the tenure.

After finishing all payments, the property will be fully transferred to your name.

Also ensure that the housing society or area is approved by the bank / scheme as per standard practice.

Askari Bank’s Existing Home Finance / Mortgage Products

Apart from the subsidized scheme, Askari Bank already offers Mortgage Finance / Home Finance options:

Tenures from 1 to 25 years possible for mortgage finance.
Their Islamic banking arm offers Diminishing Musharakah based home financing for buying, construction, renovation.
For “special segments” (low / middle income), Askari provides financing from PKR 500,000 up to ~ PKR 2,700,000 depending on property, under certain conditions.

So, when applying, you may choose whether to go under the subsidized scheme (if eligible) or via their normal home finance route.

Advantages & Benefits

Low markup rates under the subsidized scheme compared to typical market rates.
Long repayment period (up to 20 years) reduces monthly burden.
Zero processing fees and no prepayment penalties under scheme.
Only 10% down payment / equity needed — less burden on savings.
Government risk sharing encourages banks to lend more.
Enables first-time homebuyers to enter property market.

Things to Consider / Challenges

The subsidy is only for first 10 years — afterwards, regular pricing may apply.
Rising construction costs may make execution expensive.
Banks must process quickly — delays may reduce benefit.
Applicants should ensure property is eligible and society is approved.
Some applicants may fail eligibility or documentation checks.

Conclusion

Askari Bank Mera Ghar Mera Ashiana Scheme is a landmark program hurled to help ordinary Pakistanis own homes finished subsidized housing finance. With Askari Bank as a participating bank, you have admission to this scheme via its home finance / mortgage services.

If you meet eligibility — first-time homeowner, Pakistani citizen, within size and income limits — this is a golden opportunity. Visit your nearest Askari Bank branch today, get the request form, submit your documents, and take your principal step toward owning your vision home.