In total, Rs 38,002 million have so far been disbursed to 11,351 applicants by banks under the Mera Pakistan Mera Ghar Housing Loan Scheme.
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The details about the Housing Finance Loans being given by banks to the applicants on subsidized rates as per the government’s Markup Subsidy Scheme (G-MSS) are as under:
Tier 0 (0)
- House up to 125 square yards (5 Marla) and flat/apartment with the maximum coveted area, up to 1,250 square feet (Non-NAPHDA applicants).
- Total loan size is Rs 2.0 million and the tenor is 5 to 20 years.
- Markup on loan is 5% for the first 5 years & 7 % for the next 5 years and for the remaining period KIBOR + 700 BPS.
Tier 1 (T1)
- House/Flat/Apartment up to 125 square yards (5 Marla) with covered area, up to 850 square feet (NAPHDA applicants).
- Total loan size is Rs 2.7 million and the tenor is 5 to 20 years.
- Markup on loan is 3% for the first 5 years & 5 % for the next 5 years and for the remaining period KIBOR + 250 BPS.
Tier 2 (T2)
- House up to 125 square yards (up to 5 Marla) and flat/apartment with covered area, up to 1,250 square feet (Non-NAPHDA applicants).
- Total loan size is Rs 6.0 million and the tenor is 5 to 20 years.
- Markup on loan is 5% for the first 5 years & 7 % for the next 5 years and for the remaining period KIBOR + 400 BPS.
Tier 3 (T3)
- House up to 250 square yards (10 Marla) and flat/apartments with covered area, 2,000 square feet (Non-NAPHDA applicants).
- Total loan size is Rs 10.0 million and the tenor is 5 to 20 years.
- Markup on loan is 7% for the first 5 years & 9 % for the next 5 years and for the remaining period KIBOR + 400 BPS.
The following Banks, tier-wise, have disbursed loans to 11,351 applicants:
