The government’s flagship low-cost housing scheme just got a major boost. From July 2026, the PM Apna Ghar Program 2026 is open to non-bank financial companies (NBFCs) — not just banks — widening access to affordable home financing. Here is what the programme offers, the new NBFC change, eligibility, loan amounts and how to apply.
What is the PM Apna Ghar Program?
Launched on 30 April 2026 in collaboration with the State Bank of Pakistan, the Prime Minister’s Apna Ghar Program (PM-AGP) is a government-backed housing-finance scheme to help first-time buyers own a home. Its headline features:
- Fixed 5% markup — the government subsidises the difference from the market rate for up to 10 years.
- Repayment up to 20 years with easy monthly instalments.
- For first-time buyers building or purchasing a home.
- Backed by a national target of 500,000 housing units over five years (~Rs 3.2 trillion commitment).
What’s new: NBFCs can now lend
The latest change (July 2026) allows eligible non-bank financial companies to offer loans under the programme, expanding it beyond traditional banks:
- Non-bank housing finance & investment finance companies: loans up to Rs 10 million.
- Microfinance companies: loans up to Rs 5 million.
This widens access — especially for people who deal with NBFCs and microfinance institutions rather than large commercial banks.
Loan amounts
| Loan tier | Typical use |
|---|---|
| Rs 2.5 million | Small home / plot + build |
| Rs 5 million | Mid-size home |
| Rs 7.5 million | Larger home |
| Rs 10 million | Higher-value property |
Eligibility
- Pakistani citizen with a valid CNIC.
- First-time home buyer with no existing property in your name.
- A regular, verifiable source of income.
How to apply
- Visit a participating bank/lender — commercial banks, Islamic banks, HBFC, and now eligible NBFCs/microfinance companies.
- Confirm your eligibility and choose your loan tier.
- Submit CNIC, income proof and property/valuation documents.
- Complete the lender’s process; the government subsidy keeps your markup at 5%.
Participating banks include NBP, Bank of Punjab, Meezan Bank, HBL, Allied Bank, UBL, MCB and HBFC, among others.
What it means for buyers
Cheaper, longer financing makes home ownership realistic for many first-time buyers — and pairs well with 2026’s property-tax relief. For land to build on, an approved, developed society matters: see our guide to the new property tax rates, and if you want a plot in a planned community, Silver City is widely regarded as the best housing society in Rawalpindi.
Frequently Asked Questions
What is the markup rate on PM Apna Ghar loans?
A fixed 5% for the customer, with the government subsidising the difference from the market rate for up to 10 years. Confirm current terms with your lender.
Can I get a PM Apna Ghar loan from a non-bank company?
Yes. From July 2026, eligible NBFCs can lend up to Rs 10 million (microfinance companies up to Rs 5 million), in addition to banks.
Who is eligible?
Pakistani citizens with a valid CNIC who are first-time buyers with no existing property and a regular income source.
How do I apply?
Apply through a participating bank, HBFC, or eligible NBFC/microfinance company with your CNIC, income proof and property documents.
Book Your Plot at Silver City
Silver City is an RDA-approved housing society in Rawalpindi on the Chakri Road / Ring Road corridor — offering 5 Marla, 10 Marla & 1 Kanal residential plots, commercial plots and ready luxury villas with flexible payment plans. Secure your plot today and invest with confidence.
