Commercial Bank

MCB Bank Loan for Home — MCB Home Loan

Last updated & verified: September 2026

MCB Home Loan covers purchase, construction, and renovation financing — see the full bank overview.

• MCB Home Loan
• Purchase, Construction & Renovation

MCB Bank's loan for home is branded MCB Home Loan, and it covers more ground than a simple purchase mortgage: buying a house or flat, financing a plot plus construction on it, and expanding or renovating an existing home are all covered under the same core product, subject to eligibility.

Written & reviewed by Dildar Hussain — 10+ years in Pakistani banking, BS Banking & Finance (NUML University)

MCB Home Loan: Eligibility

Maximum Age (at Maturity)

65 years or retirement age, whichever is lower

Employment Length (Salaried)

2 years

Employment Length (Self-Employed)

3 years

Bank Statements Required

6 months (salaried) / 12 months (self-employed)

Non-Resident Pakistanis

Salaried NRPs also eligible

Consumer Centres

11 major cities

Eligibility details confirmed directly from MCB's official Home Loans product page on mcb.com.pk. Property insurance is mandatory under the standard home loan terms.

Processing Fees & Prepayment Charges by Scheme

MCB runs several distinct home-financing schemes side by side, and the fees differ meaningfully between them. Per MCB's official Schedule of Charges for July-December 2026:

If there's any real chance you'll clear this loan early — a plot sale, an overseas remittance windfall, whatever it is — which scheme you picked at the start actually matters here. Roshan Apna Ghar charges nothing to exit early, and Mera Ghar Mera Ashiana isn't far behind. The standard Home Loan and Green Ghar Finance are stricter, both running the same 5%/4%/3% declining scale based on completed years since disbursement.

Late payment on the standard Home Loan costs up to Rs. 1,500 per late instalment; the Mera Ghar, Mera Ashiana and Roshan Apna Ghar schemes charge up to Rs. 1,000 per late instalment instead.

All processing fees and prepayment charges confirmed directly from MCB's official Schedule of Charges, July-December 2026 edition, Consumer Products section (d) MCB Home Loan, (e) Government's Markup Subsidy Scheme, (f) Roshan Apna Ghar, (g) MCB Green Ghar Finance.

Home Loan EMI & Exit-Cost Calculator

Pick your scheme and the right processing fee and prepayment tier apply automatically — nobody else, including MCB's own calculator, does this comparison for you.

MCB Green Ghar Finance

MCB also offers Green Ghar Finance, a home-financing variant positioned around environmentally sustainable housing — consistent with the State Bank of Pakistan's broader push for green/sustainable finance products across the banking sector. Specific eligibility and pricing for Green Ghar Finance sit alongside, rather than replacing, the standard MCB Home Loan terms.

MCB Mera Ghar, Mera Ashiana (Government Subsidy Scheme)

MCB participates in the government-backed Mera Ghar, Mera Ashiana scheme for FY2025-26, aimed at first-time property owners. Under the scheme, the Government of Pakistan pays the difference between MCB's standard rate and a subsidized rate for the first 10 years of the loan, substantially lowering monthly payments. The scheme is capped at 50,000 first-time homeowners nationally for the fiscal year and requires that the applicant be a Pakistani citizen who does not currently own property.

The federal cabinet's Economic Coordination Committee (ECC) revised the scheme's core terms on February 27, 2026: the maximum loan limit was raised to Rs. 10 million, the end-user markup rate was standardized at a uniform 5% for all applicants (previously up to 8% depending on loan tier), and eligible unit sizes were expanded to houses up to 10 marla (roughly 2,720 sq. ft.) and flats up to 1,500 sq. ft. Existing MGMA borrowers were also moved onto the new 5% rate. Since MCB implements the scheme as a Participating Financial Institution under SBP's framework rather than setting these terms itself, confirm directly with MCB or SBP which limit and rate currently apply to a specific application, as revisions like this can take time to fully roll out at branch level.

This scheme succeeds earlier government housing-subsidy programs (including the previous Naya Pakistan / Mera Pakistan Mera Ghar mark-up subsidy framework), so applicants should confirm with MCB directly which current government scheme they qualify for, since names and terms have changed across fiscal years.

Mera Ghar, Mera Ashiana scheme details, including the FY2025-26 50,000-beneficiary cap and 10-year government subsidy period, confirmed directly from MCB's official product page for the scheme. The February 27, 2026 ECC revision (Rs. 10 million limit, uniform 5% rate, expanded unit sizes) confirmed via the ECC's official press release (PR No. 280, Ministry of Finance) and State Bank of Pakistan's public announcement of the amended scheme features.

Home Loan Variant for Purchase-Only Applicants

A specific home loan variant restricts eligibility to the salaried segment (permanent or contractual) applying specifically for the purchase of a house, and requires a local co-borrower — any blood relative per MCB's policy — plus a minimum one-year banking relationship with any bank, either in Pakistan or in the applicant's country of residence for NRP applicants. Financing is also available for low-cost housing under a special segment, covering housing units up to 5 marla with covered area between roughly 850 and 1,100 square feet.

How to Apply

Good For

• Understanding what MCB Home Loan actually covers — purchase, construction, renovation
• Checking eligibility for the Mera Ghar, Mera Ashiana government subsidy
• Comparing standard Home Loan against Green Ghar Finance
• Non-resident Pakistanis exploring MCB home financing options

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Frequently Asked Questions

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Confirm current rates and scheme eligibility directly with MCB Home Loan's official product page, State Bank of Pakistan.