Apna Ghar Scheme 2026: How to Apply for Rs 1 Crore Home Loan with 20-Year Installment Plan

The Apna Ghar Apni Chhat Scheme 2026 is a Punjab government housing finance initiative that provides low-cost home loans to individuals and families who do not own a house. The scheme offers loans of up to Rs. 1 crore at a subsidized markup rate, repayable over a period of up to 20 years. The programme is administered through the Bank of Punjab and targets salaried employees, self-employed individuals, and daily wage earners in the lower income bracket.

Loan Details

Loan Feature Details Maximum loan amount Rs. 1,00,00,000 (1 Crore) Markup rate Subsidized (below market rate) Repayment period Up to 20 years Administering bank Bank of Punjab Purpose Construction, purchase, or renovation of a house Collateral Property being financed serves as collateral

Who Can Apply

  • Pakistani national with a valid CNIC
  • Must not already own any house or residential plot in Pakistan
  • Must be employed, self-employed, or have a verifiable income source
  • Minimum monthly income of Rs. 25,000 (for smaller loan amounts)
  • Age between 21 and 60 years at the time of application
  • Good credit history (no active loan defaults)

Step by Step Application Process

  1. Visit Bank of Punjab: Go to the nearest Bank of Punjab branch that handles housing finance. Not all branches process Apna Ghar Scheme applications — confirm with the branch in advance.
  2. Collect the application form: Request the Apna Ghar Scheme application form and the checklist of required documents.
  3. Prepare your documents: Gather all required documents (listed below) before submitting to avoid delays.
  4. Submit completed application: Submit the form with all attachments at the branch's housing finance counter.
  5. Credit assessment: Bank of Punjab will assess your income, creditworthiness, and the property being financed. This process takes 2 to 4 weeks.
  6. Property valuation: A bank-approved property valuator will assess the property. For construction loans, an engineer may visit the plot.
  7. Loan approval and disbursement: After approval, the loan is disbursed either in full (for purchase) or in stages (for construction).

Required Documents

  • Completed application form
  • Copy of CNIC (applicant and co-applicant if any)
  • Last 6 months' bank statements
  • Salary slips for the last 3 months (for salaried applicants)
  • Business proof for self-employed applicants (NTN, business registration)
  • Property documents (title deed, map, NOC from local body)
  • Utility bills as proof of current residence

Frequently Asked Questions

Can I apply if my wife owns property in her name?

If you personally do not own any residential property, you are eligible even if your spouse owns property. However, if you live in the property owned by your spouse, this may be assessed during the income and need evaluation process.

What is the monthly installment for a Rs. 50 lakh loan over 20 years?

The exact installment depends on the current subsidized markup rate set by the government. Contact your nearest Bank of Punjab branch for a specific installment calculation based on the current rate at the time of your application.

Is the Apna Ghar Scheme the same as Mera Pakistan Mera Ghar?

No. Apna Ghar Apni Chhat is a Punjab government programme while Mera Pakistan Mera Ghar is a federal government programme. Both offer housing loans but have different eligibility criteria, markup rates, and administering banks.