Meezan Bank Home Financing Calculator
Estimate your Meezan Bank home-financing installment in PKR at SBP-linked rates. Free, no signup.
fin·calc is an independent, unaffiliated calculator — not endorsed by, sponsored by, or affiliated with Meezan Bank. "Meezan Bank" is used only to describe typical rates and terms; confirm actual terms directly with the bank.
Meezan Bank home financing rate
| Provider | Effective rate | Max tenure |
|---|---|---|
| Meezan Bank | 16.0% p.a. (Islamic) | up to 25 years |
SBP policy ~11% + bank markup. Reference 2026 — verify with the bank.
Worked example
Example: PKR 5,000,000 Meezan Bank home financing at 16.0% for 20 years.
- Monthly installment: PKR 69,563
- Total markup: PKR 11,695,071
- Total payable: PKR 16,695,071
Frequently Asked Questions
What is the Meezan Bank home financing rate?
Meezan Bank home financing is around 16.0% p.a. (2026 reference): SBP policy ~11% plus markup. Verify with the bank.
How is the Meezan Bank installment calculated?
Reducing-balance formula on the financed amount — enter your numbers in the calculator above.
Is this Shariah-compliant?
Yes — Meezan offers diminishing-musharaka home financing with no riba.
What tenure is available?
Up to about 25 years, subject to age and income.
How Meezan's Easy Home actually works
Meezan Bank's home product, Easy Home, is not a loan in the conventional sense — it's structured as Diminishing Musharakah, a joint-ownership arrangement. The bank and the customer buy the property together as co-owners; the customer then buys out the bank's share gradually through monthly payments that combine (a) rent on the bank's remaining share and (b) a purchase of a further unit of that share, until the customer owns the property outright. According to Meezan's own product page, financing is available up to 75% of the property's value for salaried applicants and up to 65% for self-employed/business applicants, for amounts between PKR 0.5 million and PKR 50 million, over tenures of 3 to 20 years. Two payment-plan options are offered: Unequal Monthly Installments (UMI), where the rental component is fixed, and a Step-Up plan with lower payments in the early years that increase partway through the tenure.
SBP's new housing-finance rules widen what's possible
The State Bank of Pakistan revised its Prudential Regulations for Housing Finance effective 20 August 2026, raising the industry-wide ceilings that banks like Meezan operate under: the maximum housing-finance tenor is now 30 years (up from 25) and the maximum loan-to-value ratio is now 90:10 (i.e., financing up to 90% of the property's value), subject to the borrower's total debt payments — including the new installment — not exceeding 65% of net disposable income. Meezan's own Easy Home terms (75%/65% LTV, 20-year cap) are currently tighter than this new regulatory ceiling, so its published limits, not the SBP maximum, are what actually apply to an Easy Home application today.
The Mera Ghar - Mera Ashiana subsidy, and why it likely won't apply here
Separately, SBP's government-backed low-cost housing scheme — relaunched as Mera Ghar - Mera Ashiana under SHSFD Circular No. 3 of 2025 (24 September 2025), succeeding the earlier Mera Pakistan Mera Ghar programme — offers fixed customer pricing of 5% on financing up to PKR 2.0 million and 8% on the PKR 2.0–3.5 million tier, for first-time owners of a house up to 5 marla or a flat up to 1,360 sq ft, with government covering the subsidy for 10 years of a maximum 20-year tenor. A PKR 5,000,000 loan like the worked example above is well above this scheme's PKR 3.5 million ceiling, so it would be priced at Meezan's standard commercial Easy Home rate, not the subsidised scheme rate — check current eligibility and participating-bank status directly with Meezan or SBP before assuming a subsidy applies.
Related calculators
Sources
- Easy Home, Meezan Bank (accessed 26 September 2026)
- Prudential Regulations for Housing Finance, State Bank of Pakistan, effective 20 August 2026 (accessed 26 September 2026)
- SHSFD Circular No. 3 of 2025 — Mera Ghar - Mera Ashiana Markup Subsidy and Risk Sharing Scheme, State Bank of Pakistan, 24 September 2025 (accessed 26 September 2026)
- KIBOR Rates, State Bank of Pakistan (accessed 26 September 2026)
- Central bank keeps policy rate unchanged at 11.5%, The Express Tribune (accessed 26 September 2026)