Quick Answer
FM Towers has officially signed an agreement with Soneri Bank Limited. Buyers can now apply for bank financing for an FM Towers apartment under the government’s Apna Ghar Program. Soneri Bank makes the final approval decision on every application.
What This Agreement Means for You
On October 17, 2026, FM Towers signed an MoU with Soneri Bank Limited. If you want to buy an apartment at FM Towers, you can now apply through Soneri Bank for financing under the Prime Minister’s Apna Ghar Program instead of arranging the full payment yourself.
The agreement makes the financing route clearer for FM Towers buyers. It does not guarantee approval for any individual applicant, as Soneri Bank assesses each application in the usual way.
A Quick Look at the Apna Ghar Program
The Wazir-e-Azam Apna Ghar Program (“Ghar Ho Tu Apna”) is a government-backed scheme for first-time home buyers. Here are the key financing details:
- Financing: Up to Rs10 million
- Markup: 5% fixed for the first 10 years
- Tenure: Up to 20 years
- Your contribution: At least 10% of the property value
- Size limit: Apartments up to 1,500 sq ft
Who Can Apply?
The program is intended for eligible first-time home buyers. The stated applicant categories include:
- First-time homeowners who do not own a housing unit
- CNIC, NICOP and Pakistan Origin Card (POC) holders
- Both salaried and non-salaried applicants
Which FM Towers Apartments Fit?
The program’s stated apartment size limit is 1,500 sq ft. Based on the approximate areas of the FM Towers layouts, Gold is below this limit, while Platinum is above it.
| Layout | Approx. Area | Against the 1,500 sq ft Cap |
|---|---|---|
| Gold (2 bedrooms) | 1,256 sq ft | Under the cap |
| Platinum (3 bedrooms) | 1,745 sq ft | Above the cap |
Soneri Bank conducts its own property valuation and measures the covered area itself. Confirm with the bank how your chosen apartment will be assessed before applying.
How to Apply
- Choose your apartment layout and confirm availability with the FM Towers team.
- Ask FM Towers for the current price plan and the documents Soneri Bank requires.
- Apply through Soneri Bank or the official Apna Ghar Program portal.
- The bank values the property and issues its offer.
- Pay your share and complete the financing.
Before You Apply
Ask Soneri Bank exactly what the agreement covers, including which towers, unit types and construction stages are eligible. FM Towers’ current handover target is early 2027, which may change.
For unit-specific questions, contact the FM Towers team.
Important: Signing an agreement between FM Towers and Soneri Bank does not mean your financing is automatically approved. Confirm your eligibility, apartment valuation, required contribution and applicable terms directly with the bank.
FAQs
Has FM Towers signed an agreement with Soneri Bank?
Yes. FM Towers has signed an MoU with Soneri Bank Limited so customers can apply for Apna Ghar financing through the bank.
Does this mean every buyer is approved?
No. Soneri Bank assesses each application based on eligibility, income and the property.
Which apartments qualify on size?
The program covers apartments up to 1,500 sq ft. Gold (about 1,256 sq ft) is under the limit, while Platinum (about 1,745 sq ft) is above it. The bank must confirm the eligible covered area.
How much do I need to pay upfront?
At least 10% of the property value, with the bank financing up to 90%, subject to the program and bank’s assessment.
Can overseas Pakistanis apply?
Yes. NICOP and Pakistan Origin Card (POC) holders are included among the stated eligible applicant categories. Confirm the bank’s documentation and eligibility requirements before applying.