Mera Ghar – Mera Ashiana (SBP Scheme)

Mera Ghar - Mera Ashiana Markup Subsidy and Risk Sharing Scheme

Sindh Bank brings to you Mera Ghar – Mera Ashiana Markup Subsidy and Risk Sharing Scheme for Housing Finance under the guidance of the State Bank of Pakistan. This facility enables you to fulfil your dream of owning your own home with an affordable and easy repayment plan.

Scope
  • Purchase of constructed house and Flat/apartment
  • Construction of housing unit on an already owned plot
Eligibility Criteria
  • All men/women holding CNIC
  • First time house owner
  • Not owning any housing unit in their name
  • One individual can have subsidized house loan facility under this scheme only once
Minimum Income Criteria Rs. 40,000/- per month
Age Salaried Individuals:
  • Age between 21 and 60 years or retirement date.
Business Individuals:
  • Age between 21 and 65 years or retirement date.
Debt Burden 50% maximum
Financing Limit
  • T1 = Up to PKR 2.0 Million
  • T2 = Above PKR 2.0 Million and up to PKR 3.5 Million
Maximum Loan Tenor 20 years (subsidy for 10 years)
Size of Housing Unit
  • House of up to 5 Marla
  • Flat/Apartment of up to 1360 sq. ft. area
Mark-up
  • Tier 1: 5%
  • Tier 2: 8%
Maximum Loan to Value (LTV) Ratio 90:10 (90% loan & 10% equity)
Bank Charges
  • No processing cost
  • No prepayment penalty
Other charges remain as per SOC
*Terms & Conditions Apply