PM Apna Ghar Scheme 2026 Latest Update: NBFCs Included For Rs 10 Million Loan

PM Apna Ghar Programme 2026 — Latest Update: NBFCs Now Offering Rs 10 Million Home Loans

The Wazir-e-Azam Apna Ghar Programme — Prime Minister Shehbaz Sharif's flagship federal housing initiative — has just received a major expansion. As of 4 July 2026, the government has approved allowing Non-Banking Finance Companies (NBFCs) and Investment Finance Companies to participate in the scheme alongside commercial banks — meaning thousands more Pakistanis, especially in remote and underserved areas without traditional bank branches, can now access affordable housing finance.

Latest Update (4 July 2026): SECP has approved a new framework allowing NBFCs to offer housing loans of up to Rs 10 million, and Microfinance Companies to offer up to Rs 5 million — both at the same subsidized 5% markup rate for the first 10 years.

What Changed — NBFC Expansion Explained

Until now, only commercial banks like Bank Al Habib and Allied Bank were processing PM Apna Ghar loan applications. This created a major gap — millions of Pakistanis in rural and remote areas, especially those without a conventional bank account, could not access the scheme. The new SECP-approved framework fixes this by bringing Non-Banking Finance Companies into the programme.

Lender Type	Maximum Loan Amount	Markup Rate (First 10 Years)
Commercial Banks	Rs 10 Million	5% Fixed
NBFCs / Investment Finance Companies (New)	Rs 10 Million	5% Fixed
Microfinance Companies (New)	Rs 5 Million	5% Fixed

Why This Matters

• NBFCs have a wider presence in remote and underserved areas where bank branches are scarce
• People who previously lacked a bank account or failed to meet strict conventional banking requirements are now eligible to apply
• NBFCs can now collaborate directly with banks, speeding up loan approvals and simplifying the financing process
• This is expected to significantly boost applications from citizens in villages, small towns, and far-flung districts

PM Apna Ghar Programme — Complete Overview

Detail	Information
Official Name	Wazir-e-Azam Apna Ghar Program — "Ghar Ho Tu Apna"
Launch Date	30 April 2026 (Islamabad)
Total Allocation	Rs 3.2 Trillion
Target	500,000 housing units in 5 years
Year 1 Target	50,000 houses — Rs 321 Billion allocated
Maximum Loan (Banks/NBFCs)	Rs 10 Million
Maximum Loan (Microfinance)	Rs 5 Million
Markup Rate (First 10 Years)	5% Fixed
Markup Rate (Next 10 Years)	Market Rate at that time
Repayment Tenure	Up to 20 years
Coverage	All 4 provinces + Islamabad + Gilgit-Baltistan + Azad Jammu & Kashmir
Processing Fee	Zero
Prepayment Penalty	None

Eligibility Criteria

• Must be a Pakistani citizen with a valid CNIC
• Must be a first-time home buyer — should not already own a house or apartment anywhere in Pakistan
• Must have a regular source of income — salaried or self-employed
• Must meet the debt-burden ratio criteria set by the lending bank/NBFC
• Property size limit: up to 10 Marla house or 1,500 sq ft apartment
• Loan can be used for purchase, construction, or completing an under-construction home

How to Apply — Step by Step

Step	Action
1	Visit the official PM Apna Ghar registration portal
2	Create an account using your CNIC and mobile number (OTP verification required)
3	Complete the application form with income and property details
4	Upload required documents (CNIC, income proof, property documents)
5	Select your preferred participating bank or NBFC
6	Wait for approval — applications processed on a first-come, first-served basis

Documents Required

• Original valid CNIC
• Proof of income (salary slip or business income documents)
• Property documents — land ownership, plot purchase papers, or allotment letters
• Recent electricity or gas bill (for income/residence verification)
• Overseas applicants: valid passport, employment contract, foreign income proof, and a designated co-applicant CNIC

Fraud Alert: Always apply through the official government portal only. Note that "CM Punjab Apna Ghar Scheme" refers to a separate provincial initiative — do not confuse it with this federal PM scheme.

Beyond Housing — Economic Impact

The scheme is designed as more than just a loan facility. It is expected to significantly boost Pakistan's construction sector and over 40 connected industries — including cement, steel, and labour — while creating employment opportunities ranging from manual laborers to engineers. The programme is supervised by the Ministry of Housing and Works, with monthly progress reports submitted directly to the Prime Minister.

FAQs

Q: What is the latest update in PM Apna Ghar Programme?
A: As of 4 July 2026, the government has allowed Non-Banking Finance Companies (NBFCs) to offer housing loans up to Rs 10 million, and Microfinance Companies up to Rs 5 million — both at the same subsidized 5% markup rate, expanding access beyond traditional banks.

Q: Can I apply through an NBFC instead of a bank?
A: Yes. Following the new SECP-approved framework, eligible NBFCs and Investment Finance Companies can now process your housing loan application, especially useful if you don't have an account with a traditional bank.

Q: What is the maximum loan amount under this scheme?
A: Up to Rs 10 million through banks and NBFCs, or up to Rs 5 million through microfinance companies.

Q: Is this scheme available across all of Pakistan?
A: Yes. It covers all four provinces, Islamabad, Gilgit-Baltistan, and Azad Jammu & Kashmir.

Q: What is the markup rate?
A: A fixed 5% markup applies for the first 10 years. For the remaining years (up to a 20-year tenure), the rate will follow the market rate at that time.

Q: Is there a processing fee?
A: No. The scheme has zero processing fees and no prepayment penalty for early repayment.

Q: Can overseas Pakistanis apply?
A: Yes, in specific cases, depending on the policies of the participating bank or NBFC chosen — a co-applicant with a valid CNIC is typically required.