Naya Pakistan Housing Scheme Financing

Select Bank

Product Type

Mera Pakistan Mera Ghar


Tier 1

Employment Status


Property Price

1.50 Crore

Down Payment

45 Lakh

Loan Period

240 Months

Loan Calculations

Monthly Installments
PKR 103,774
Property Value
PKR 15,000,000
Down Payment
PKR 4,500,000
Loan Amount
PKR 10,500,000
Kibor + 3%
Loan Type

Features and Benefits

Affordable & easy repayment plan
Helps in construction on a plot you already own
Allows you to expand or extend your existing Housing Unit
Enables you to purchase as well as the construction on the plot
Enjoy a 5% rental rate for the first five years
Purchase of House / Flat
Hybrid mark-up rates (Fixed & Floating)
Financing Up to PKR 10 Million
Property Insurance
Offered across the country
Purchase of a complete residential property (Apartment/Flat/House)
Enjoy up to 80% financing of the property value


It is pertinent to mention here any additional documents may be required by the bank.

Required Documents

Computerised CNIC/Copy
Proof of income documents
Copies of property documents/ Details of property
Salary Slip/ Bank Statement
Employment Letter
Passport size coloured photographs of the applicant, co-applicant(s), & guarantor(s)
Latest 4-month salary slip (for salaried persons)
1-Year Bank Statement (for self-employed professionals)
Application form
Documents of all financing facilities the borrower availed from the banks/DFIs
Business /employment proof
Currently paid utility bills (Home and Office)
Proprietorship Letter/Account Certificate mentioning the name (for self-employed)


Some/all features and benefits may not be applicable on every application, as each case may differ, allowing banks to offer more or less from the aforementioned list.

About Naya Pakistan Housing Scheme

We all wish to move into the house of our dreams one day, but saving money is never easy. If you want to materialise on this the government has a solution — Naya Pakistan Housing Scheme (NPHP). There are two ways you can buy property — with upfront payment or on a mortgage facility. This project is a ray of hope as the housing solutions it offers are for those citizens who hail from a low-income segment of the society. Additionally, a mortgage solution allows you much greater flexibility in terms of how you manage your finances. For those seeking this option, you’ll be needing to know how home loans in Pakistan work, and what you need to do to get one.

Following the registration process for Naya Pakistan Housing Scheme, you have to pay a 20% down payment and the remaining amount in monthly instalments to the bank. This makes the whole process easier and more practical. A person belonging to the middle class and even lower-middle-class can enjoy the perks of having their own home, all thanks to home financing. For this, Equated Monthly Installments (EMIs) for home loans is one of the best methods, in which the borrowers pay a fixed amount each month.

Furthermore, Naya Pakistan Housing & Development Authority (NAPHDA) will inform you immediately when your name is balloted, so as to have you pay the down payment and sign the bank’s required loan documents for paying the monthly installments of the mortgage amount.

Frequently Asked Questions (FAQs)