Buying a home in Pakistan has long been a dream for many overseas Pakistanis. With the introduction of the Roshan Apna Ghar initiative and financial solutions like the Roshan Digital Account, that dream is now more achievable than ever.
Through this government-backed scheme, non-resident Pakistanis can invest in property or finance home construction with flexible, streamlined banking support.
JS Bank is among the banks offering this facility, which helps overseas Pakistanis easily and confidently access Pakistan’s property market.
What is the Roshan Apna Ghar Scheme?
The Roshan Apna Ghar scheme is a housing finance initiative designed for Non-Resident Pakistanis (NRPs) who want to buy, build, or renovate residential property in Pakistan. Introduced in collaboration with the State Bank of Pakistan, this program allows overseas Pakistanis to apply for home loans in Pakistan through digital platforms linked to their Roshan Digital Account.
- The scheme caters to different homeownership needs:
- Purchase of a ready-made house or apartment
- Construction of a house on an existing plot (self or spouse ownership)
- Buying a plot and constructing a home on it
- Home renovation or extension projects
- It also supports both conventional and Islamic financing models, giving NRPs flexible options tailored to their financial preferences.
How the Financing Works
Under Roshan Apna Ghar, NRPs can apply for home financing by using their Roshan Digital Account to either:
- Pledge cash as lien against the financing amount
- Apply without any cash collateral, subject to bank and government criteria
Loan amounts, repayment tenure, and markup rates vary depending on the applicant’s profile and the selected bank’s terms. Some banks also offer fixed markup options for the initial years, followed by variable rates later in the loan cycle.
The government’s Mark-up Subsidy Scheme (GMSS) also applies to this program, making it more affordable for eligible borrowers by reducing the effective interest rate under specific tiers.
Key Benefits for Overseas Pakistanis
- Remote Access: NRPs can apply for financing entirely online through their Roshan Digital Account without needing to visit Pakistan.
- Flexible Loan Options: Choose between purchasing a home, building on a plot, or renovating an existing property.
- Government-Backed Subsidy: Reduced markup rates under GMSS improve affordability.
- Foreign and PKR Accounts: Roshan Digital Accounts support both FCY and PKR transactions.
- Secure and Regulated: Managed by reputable banks under State Bank of Pakistan guidelines.
What You Need to Apply
To apply for Roshan Apna Ghar financing, you must first open a Roshan Digital Account. These accounts are available to:
- Non-Resident Pakistani individuals
- Resident Pakistanis with declared assets abroad
Required documents typically include proof of overseas residence, valid identification, and income verification. Once the account is opened, applicants can explore housing finance options directly through their bank’s digital portal.
JS Bank’s Offering Under Roshan Apna Ghar
JS Bank is one of the participating banks in the Roshan Apna Ghar initiative, offering tailored housing finance solutions to eligible RDA holders. Their program provides financing for:
- Home purchase
- Home construction
- Plot purchase and construction
- Renovation or improvement of existing homes
Key features of JS Bank’s Roshan Apna Ghar facility include:
- Competitive markup rates with exclusive pricing
- Financing with or without collateral
- Partial pre-payment flexibility with no charges after the first year
- Lowest processing fee of PKR 4,000 (exclusive of FED)
- Access to the Government Mark-up Subsidy Scheme under defined tiers
Through this offering, JS Bank aims to support non-resident Pakistanis in building a long-term asset back home while contributing to national development.
Click here to apply, for Roshan Ghar Apna loan or click here to apply for a Roshan Digital Account.