The Apni Chhat Apna Ghar Loan Scheme is a new program for low-income families in Punjab. This initiative was started by Punjab’s Chief Minister, Maryam Nawaz Sharif. Everyone in Punjab can apply for the Apni Chhat Apna Ghar loans Program 2024. Online application and registration are available through this scheme.
Maryam Nawaz Sharif has announced that the first phase of the Apni Chhat Apna Ghar scheme will include 100,000 people. The new online application form for this scheme is now available on acag.punjab.gov.pk. Under this program, the Punjab government is offering an interest-free loan of Rs 15 lakh to people who don’t own a house. The full details on how to get this loan are provided below in this article.
Latest Update About Punjab Apni Chhat Apna Ghra Loan Scheme
In this latest update of Apni Apna Ghar program it has been mentioned that all such families who want to apply for this scheme. The second phase of Apni Chhat Apna Ghar program have started for them. So that all people of Punjab can avail its benefit. Punjab Chief Minister Maryam Nawaz Sharif had promised the public that we will provide an interest-free loan of Rs 15 lakh to one lakh families under this scheme. By using which low-income families will be able to build their own house. As per his promise, She has started the first phase of this scheme and the first phase has also yielded results.
Those who have been shortlisted in the first housing scheme will begin to receive interest-free loans of Rs 15 lakh from October 3. But there we tell you that if you are not eligible in this scheme or wish to apply again, then let us tell you the government has now officially begun the second phase of Apni Chhat Apna Ghar Loan Scheme. And online applications are being accepted. Here you have been told the complete method of registration, by following it you can register yourself and join the second step and get the loan.
Why This 15 lakh Loan Scheme Is a Great Opportunity
If you are from a poor and deserving family and your monthly income is lower than your expenses. And if you are living in a rented house then let me tell you that Maryam Nawaz has launched a housing project for low-income families. The purpose of which is to give an interest-free loan of Rs. 15 lakh to low-income households. So that they can build their own house using this money. The interest-free loan of Rs 15 lakh will be available to all who would have otherwise been eligible under Apni Chhat Apna Ghar. The easy installment repayment of seven years period with no interest to be charged would ensure you own the house by paying an installment of Rs. 14,000 monthly. This is a golden opportunity for those people living in rented accommodation without having their own self-catering house. Cheap houses are being provided by the Government to the homeless people so apply for this scheme as soon as possible so that you can get full benefit from this scheme.
New Eligibility Criteria Allocate for Apni Chhat Apna Ghar
Punjab Chief Minister Maryam Nawaz announced that the second phase of the loan scheme would be held against new criteria. “Now with these new criteria, only the deserving people will be given a loan of Rs 15 lakh and that too for those people who do not own a house themselves and do not have money to build one,” Nawaz said. If you fulfill these criteria the Punjab government will offer you with a loan sum of Rs 15 lakh to build a house.
Eligibility criteria
- You must be a permanent resident of Punjab.
- Above 18 years of age.
- You are Must Be married.
- You have no other home.
- You can have the ownership of a 5 marla land in an urban area or 10 marla land in a rural area.
- You should have responded to the PSER.
Step-by-Step Registration Guide for Previously Ineligible Candidates
So if you have applied for the first phase of the loan scheme of 15 lakh and your name was not present in the final result, do not worry. The Punjab government is offering you to provide registration for the second phase of the 15 lakh loan scheme. Punjab Chief Minister has declared that in case of the second phase the process of registration would be similar like the first phase and you will be able to do it sitting at home.
Registration Process Steps
- Make sure you have filled the PSER survey.
- Open your phone and on it access the site of ACAG official website on https://acag.punjab.gov.pk/.
- If you are a new user then you will have to create a profile by putting in your CNIC number, your phone number, address, passport number, and email.
- Then log-in into your account with your CNIC and password.
- Then accept the terms of use and condition.
- Mention your CNIC number, phone number, address name Father’s name His CNIC number
- Then put down your bank account details like the name of the account holder, Account type and number.
- Upload a clear photograph
- Upload CNIC, property papers and all other documents
- Submit your application and feedback
Let me know how it goes!
Required Documents for Loan Eligibility
Apply online: In the Punjab government’s 15 lakh loan scheme, you are needed to submit some documents. They will be used to check your identity and find out if you need to get an interest-free loan of Rs 15 lakh to build your dream house. These documents are necessary for the loan application, and without them, your loan application can’t be accepted.
Here are some essential documents you may have to submit while applying for the loan.
- Clearly clicked photograph of the front side of your National Identity Card issued by Government of Pakistan.
- A clear photo of the back of your National Identity Card.
- Proof of your monthly income.
- Your property documents.
Conclusion
Results declared by the Apni Chhat Apna Ghar Loan Scheme for the first phase. 70,000 families will be given an interest-free loan for building homes worth Rs 15 lakh. Chief Minister Maryam Nawaz Sharif confirmed candidates selected with a computerized balloting process on October 3, 2024, for merit in selection. The disbursal of the loans will commence from October 3, 2024, and the repayments of loans will be made over a period of seven years. Those who have not been selected in this phase need not be worried as another phase will be launched shortly. For eligibility, one needs to respond necessarily to the PSER survey.