All About Prime Minister House Loan Scheme in Pakistan
For many families in Pakistan, owning a home is a significant life goal. However, purchasing land or building a house can often seem financially challenging without access to the right financial support.
For that purpose, the Government of Pakistan has introduced a house loan scheme to make it easier for citizens to become homeowners. Allied Bank is one of the participating banks which is helping people to access this facility.
This facility is officially called Wazir-e-Azam Apna Ghar Program – Ghar Ho Tu Apna. It provides subsidised financing for the first ten years of the financing to support eligible residents in purchasing or constructing their first home at an affordable markup/profit rate. This guide provides a clear overview of the eligibility criteria, application process, and required documentation to help you navigate the process with confidence.
Shahid Saeed Unit Head Product Development
Published 2026-10-30Last reviewed 30 October 2026Reading time 10 minutesReviewed by Product Team
Allied Bank
Prime Minister House Loan Scheme
Eligibility | Process & More
What Is the Prime Minister House Loan Scheme in Pakistan?
The State Bank of Pakistan introduced this markup subsidy and risk-sharing scheme to widen access to housing finance. The scheme is designed to make homeownership more accessible by reducing the financial burden associated with housing finance.
The scheme is offered under SH&SFD Circular No. 03 of 2025, dated 24 September 2025 and subsequent revisions in the scheme.
Through Allied Bank, the facility is offered under Wazir-e-Azam Apna Ghar Program – Ghar Ho Tu Apna. It is structured as a Shariah-compliant term finance facility.
The financing is structured according to the principles of Diminishing Musharakah, a shared-ownership arrangement between the bank and the customer.
Who Can Apply: Eligibility Criteria
The State Bank of Pakistan introduced this markup subsidy and risk-sharing scheme to widen access to housing finance. The scheme is designed to make homeownership more accessible by reducing the financial burden associated with housing finance.
The scheme is offered under SH&SFD Circular No. 03 of 2025, dated 24 September 2025 and subsequent revisions in the scheme.
Through Allied Bank, the facility is offered under Wazir-e-Azam Apna Ghar Program – Ghar Ho Tu Apna. It is structured as a Shariah-compliant term finance facility.
The financing is structured according to the principles of Diminishing Musharakah, a shared-ownership arrangement between the bank and the customer.
The scheme is designed for first-time homeowners across Pakistan, whether they earn a salary or run their own business. Eligibility is assessed against a few clear conditions.
Citizenship and Ownership Status
Applicants must be citizens of Pakistan holding a valid CNIC or a Non-Resident Pakistanis (NRPs) holding valid NICOP/POC.
Applicants must not already own a housing unit in their name.
First-time ownership is confirmed through an undertaking submitted at the time of application.
Income Requirement
Salaried individuals, self-employed individuals and individuals with informal source(s) of income, earning a minimum net disposable income of PKR 37,000 per month can apply for financing.
Bank may also combine, or club, the income of co-borrowers based on criteria defined for co-borrower.
Age Limit
Applicants must be between 21 and 60 years of age at the time of application.
For salaried individuals, age at loan maturity should not exceed 60 years. Self-employed applicants shouldn’t be over 65 years of age at maturity.
What You Can Finance Under the Scheme
The scheme funds three specific housing needs, giving applicants flexibility based on their situation.
1Purchase of a ready house or flat.
2Construction of a house on a plot the applicant already owns.
3Purchase of a plot combined with construction of a house on it.
Renovation or expansion of an existing home does not qualify under this scheme. The facility is meant strictly for first-time home purchase or construction, not for upgrading a home you already own.
Key Features and Financing Terms
The table below summarises the core terms of the Prime Minister House Loan Scheme in Pakistan.
Features
Details
Maximum House Size
Up to 10 Marla or 2,720 sq ft
Maximum Flat Size
Up to 1,500 sq ft
Maximum Finance Amount
Up to PKR 10 million
Maximum Tenor
20 years, with subsidy for the first 10 years
Pricing
Flat 5% during the subsidy period of the first 10 years
Finance-to-Value Ratio
90:10 (90% financing, 10% equity)
Processing Fee
None
Prepayment Charges
None
If your financing tenor is less than 10 years, the subsidy period will correspond to the full financing tenor. There is no minimum tenor requirement, and you can pay off the facility early at any time without a penalty.
How to Apply: Online Application Process
You need to apply through the Wazir-e-Azam Apna Ghar Program Online Portal (Wazir-e-Azam Apna Ghar Program) and select ABL for the financing, on portal and your application will lend in ABL.
Before starting your application on the portal, it is advisable to review the eligibility criteria and ensure that all required documents are available prior to applying on portal.
The general process is as follows.
1Confirm your eligibility based on the citizenship, income and age criteria.
2Fill the information requested in the online application form.
3Upload scanned documents with the online application, which are asked to be uploaded on the portal which may include copy of valid CNIC, recent passport size photograph, proof of income, expenditure details. You may be requested to submit additional documents for assessment and take decision on your application.
Submit your completed application and supporting documents on the portal.
Required Documents
Every applicant is required to submit the standard set of supporting documents along with the duly signed undertaking and consent form.
These typically include:
A valid CNIC copy of the applicant and co-applicant, where applicable.
Proof of income, such as salary slips or business income records or utility bills and other regular expenses vouchers like children’s educational institutions fee vouchers etc. for individuals with informal source of income.
Title and ownership related property documents.
A signed undertaking confirming the applicant’s first-time homeownership status.
Additional documents may also be requested.
Arranging the required documentation in advance can help minimise delays in the processing of the application.
Frequently Asked Questions
Q. Can co-borrowers combine their income to qualify for this loan?
Yes. Income of co-borrower, meeting co-borrower criteria, may be clubbed. This can help applicants meet the minimum income requirement together.
Q. Is there a penalty for paying off the loan early?
No. Allied Bank will not charge a prepayment penalty for early repayment. You can settle the facility at any point in time without any early payment charges.
Q. Can I use this scheme to renovate my current house?
No. The scheme only covers buying a house or flat, building on an owned plot, or buying a plot and construction thereon. Renovation and expansion projects are not eligible for financing under the scheme.
Q. What happens to the subsidy if my loan tenor is shorter than 10 years?
If your financing tenor is more than 10 years, the subsidy applies for 10 years only. If your tenor is shorter than 10 years, the subsidy period matches your actual loan tenor instead.
Q. Is there a maximum property value limit under the scheme?
There is no maximum limit on the value of the property being financed. However, the total financing amount remains capped, and the scheme's terms apply regardless of property value.
Own Your First Home With Allied Bank
Apply for the Wazir-e-Azam Apna Ghar Program, Ghar Ho Tu Apna, and finance your first home at a subsidised rate for the first 10 years. Visit any Allied Bank branch for guidance before you apply on the official portal.
