PM Launches “Apna Ghar Scheme” Offering Loans up to Rs. 10 Million for Low-Income Families
Islamabad: Prime Minister Shehbaz Sharif has launched a five-year nationwide “Apna Ghar Scheme” aimed at providing affordable housing finance to low-income citizens, under which 500,000 homes will be constructed across Pakistan at an estimated cost of Rs. 3.2 trillion.
Speaking at the inauguration ceremony in Islamabad, the Prime Minister said the initiative is among the government’s top priorities and is designed to address the long-standing housing shortage while also boosting employment and industrial activity in the construction sector.
According to officials, the scheme has already been launched, with applications opening from April 29. The program will be implemented across all four provinces, Azad Kashmir, and Gilgit-Baltistan.
وزیراعظم محمد شہبازشریف نےملک کے غریب و متوسط طبقے کو اپنی چھت کے حصول کے لئے ’’ وزیراعظم اپنا گھر سکیم ‘‘کا باقاعدہ اجراء کر دیا. اس ضمن میں منعقدہ تقریب سے خطاب کرتے ہوئے وزیراعظم نے کہا ہے کہ عام آدمی کو چھت فراہم کرنا حکومت کی اولین ترجیح ہے ،سکیم کے تحت ایک کروڑ روپے… pic.twitter.com/TU29zKfVWn
— Prime Minister's Office (@PakPMO) April 30, 2026
Loan Structure and Eligibility
Under the scheme, eligible applicants can obtain housing loans of up to Rs. 10 million. The government will finance up to 90% of the property value, while the applicant must contribute at least 10% from their own savings.
The loan facility is divided into four tiers:
Up to Rs. 2.5 million
Up to Rs. 5 million
Up to Rs. 7.5 million
Up to Rs. 10 million
The repayment period has been set at up to 20 years, with a 5% profit rate for the first 10 years, followed by a market-linked rate for the remaining period.
Types of Properties Covered
The scheme allows financing for:
Purchase of a new house (up to 10 marla)
Purchase of an apartment (up to 1,500 sq. ft.)
Construction on an existing plot
Combined purchase of plot and construction
Eligibility Criteria
Applicants must be Pakistani citizens holding a valid CNIC and must be first-time homeowners. The minimum age requirement is 20 years, while the maximum is 65 years or retirement age. A minimum monthly income of Rs. 40,000 is required.
Salaried individuals must have at least six months of employment history, while business owners must show at least two years of business activity. Family members can be included as co-applicants to increase loan eligibility.
Ownership and Process
Property ownership will be registered in the applicant’s name, while the bank will hold the property documents as collateral until full repayment is completed.
Applications can be submitted through an upcoming online government portal or via participating commercial banks, Islamic banks, and the House Building Finance Company. The government has stated that there will be no processing fee, and approvals are expected within one month of application submission.
Officials say the scheme is expected to stimulate the construction sector, create jobs, and significantly contribute to economic growth while fulfilling the government’s vision of providing housing for all.
