Naya Pakistan Housing loan scheme – Loan up to 50 lac

The State Bank of Pakistan (SBP) said Monday that the government will be providing a markup subsidy facility for the construction and purchase of new houses.

“This facility will allow all individuals, who will be constructing or buying a new house for the first time, to avail bank’s financing at subsidized and affordable markup rates,” a statement from the SBP said.

This facility will be provided with the administrative support of the State Bank of Pakistan as executing partner with Government of Pakistan and Naya Pakistan Housing and Development Authority (NAPHDA), it added. 

Eligibility criteria:

  • All men/women holding CNIC
  • First time home owner
  • An individual can have subsidised house loan facility under this scheme only once
  • Only for construction and first purchase of newly constructed affordable housing units

Size of Housing Unit 

Size of the loan is segregated into three tiers, as under:

  • Tier 1 (T1) – Housing units/apartments of up to 125 square yards (upto 5 Marla) with covered area of up to 850 square feet.
  • Tier 2 (T2) – Housing units/apartments of up to 125 square yards (5 Marla) with covered area of up to 850 square feet.
  • Tier 3 (T3) – Housing units of more than 125 square yards up to 250 square yards (10 Marla) or apartments with covered area from more than 850 square feet to 1,100 square feet.

Maximum Price of Housing Units 

Maximum price (market value) of a single housing unit at the time of approval of financing, as under:

  • Tier 1 (T1) – Rs 3.5 million
  • Tier 2 (T2) – Rs 3.5 million
  • Tier 3 (T3) – Rs. 6.0 million

Maximum Loan size

Maximum size of the loan of a single housing unit, as under:

  • Tier 1 (T1) – Rs 2.7 million
  • Tier 2 (T2) – Rs 3.0 million
  • Tier 3 (T3) – Rs. 5.0 million

Loan type 

  • Long term housing finance loans.

 Security Requirements

  • As per banks’ credit policy and prudential regulations for housing finance, the housing unit financed will be mortgaged in favor of financing bank.

Allocation in Budget

  • Finance Division shall give authority to SBP to debit GOP account on quarterly basis for the subsidy payment to banks.
  • Payment will be made to the banks on submission of quarterly-consolidated subsidy statement as per format prescribed by the State Bank of Pakistan.

Executing Agencies 

  • All commercial banks including Islamic banks and House Building Finance Company Limited (HBFCL)

Application Form 

  • A standardized Application Form both in English and Urdu will require minimum essential information with simple format.
  • The processing time will not exceed 30 days after submission of all documents by the borrower and the same will be clearly stated in the application form.

Standardised Procedures 

  • Banks to have standardized loan documents and risk acceptance criteria.


  • SBP will publish consolidated information about the loans extended under this program for information of the public on quarterly basis on its website.


Loan TiersCustomer PricingBank Pricing
Tier 15% for first 5 years and 7% for next 5 yearsKIBOR+250 BPS
Tier 25% for first 5 years and 7% for next 5 yearsKIBOR+400 BPS (Spread may vary)
Tier 37% for first 5 years and 9% for next 5 yearsKIBOR+400 BPS (Spread may vary)

For loan tenors exceeding 10 years, market rate will be applicable for the period exceeding 10 years.

State Bank’s circular:

2 thoughts on “Naya Pakistan Housing loan scheme – Loan up to 50 lac”

  1. Asslamo alikum sir
    Sir ye Jo housing loan sceem hai Ghar bnnay k liye loan ye jab start ho rahi hai or ismy Kon Kon say bank shamil hai

  2. Can anybody confirms that these loans are available under naya Pakistan housing and banks are liable to deliver these loans for those where monthly income is 25,000/- ?

    Any plot allotment criteria exist in this scheme from Government?

Leave a Reply

Your email address will not be published. Required fields are marked *