Mera Ghar Mera Ashiana is a government-backed affordable housing initiative launched by the State Bank of Pakistan to promote homeownership among low- and middle-income families. The program aims to provide financial assistance in the form of subsidized loans, making it easier for eligible individuals to purchase or construct homes. The initiative is part of Pakistan’s broader efforts to address the housing shortage and promote socio-economic stability by ensuring access to affordable housing for all.
The program offers various financing options with low-interest rates, flexible repayment terms, and long tenures, tailored to the needs of the common man. The State Bank of Pakistan has partnered with commercial banks and financial institutions to provide these home loans. Mera Ghar Mera Ashiana not only aims to improve living standards but also stimulates the construction sector, creating jobs and boosting the economy. The scheme is designed to be inclusive, benefiting a wide range of citizens across the country.
