Have you not applied for Chief Minister of Punjab Apni Chhat Apna Ghar Loan Scheme? Either you are searching for how to apply in this scheme or you are a person who has applied for Punjab Apni Chhat Apna Ghra Loan Scheme. But if you have disqualified in this scheme, then in this article you will be told the solution of all your problems.
How to become eligible for 15 lakh loan under Punjab Apni Chhat Apna Ghar Scheme? Here is the latest update of Apni Chhat Apna Ghar Loan Scheme, Punjab Chief Minister Maryam Nawaz Sharif has announced in a recent press conference that we have formally launched the first phase of Apni Chhat Apna Ghar.
On 15 September 2024, the loan of 15 lakhs will be provided to the people of all the districts. On another hand, if you have applied for the scheme and are not eligible then follow the following instructions. Get your housing loan of Rs 15 lakh by getting eligible for this scheme.
Latest Update About Punjab Apni Chhat Apna Ghra Loan Scheme
It is being stated in the recently published update of the Apni chhat Apna Ghar program that all such families who want to apply for the scheme are eligible for the second phase of the Apni Chhat Apna Ghar program. So, therefore, so that all the people of Punjab can benefit from it. 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. Using which low income families will be able to build their own house. According to his promise, She has started the first phase of this scheme and the first phase has also yielded results.
Those who have been picked under the first housing scheme will start taking Rs 15 lakh interest-free loans from September 15. But here we’re going to tell you that if you haven’t been eligible in this scheme or you wish to apply again, then let us tell you that the second phase of Apni Chhat Apna Ghar Loan Scheme from the government has officially been initiated. And the online applications are also being accepted. Here you have been informed of the complete process of registration, by which through it you can register yourself and join the second step to acquire the loan.
Why This 15 lakh Loan Scheme Is a Great Opportunity
If you are a poor and deserving family member and your monthly income is not adequate enough to meet your expenses. And you are living in a rented house then let me tell you that Maryam Nawaz has introduced a low-budget housing project. So that interest-free loan amounting to Rs. 15 lac will be provided to the low-income families so that they can construct their house with this money. For such people, an interest-free loan of Rs 15 lakh will be available under the Apni Chhat Apna Ghar programme.
You need to return this loan in easy installments over seven years. There shall be no interest on it. You can get your house after a long period of seven years by paying an installment of Rs. 14,000 every month. This is a golden opportunity for those families who live in rented accommodation and have no property of their own self-catering house. Government is providing cheap houses to the homeless people so apply for this scheme as soon as possible so that you can fully benefit from this scheme.
New Eligibility Criteria Allocate for Apni Chhat Apna Ghar
Punjab Chief Minister Maryam Nawaz announced the new criteria for the second phase of the loan scheme. According to her statement, “only deserving people will be given a loan of Rs 15 lakh”. This loan will be given to those individuals who either don’t have a house and are financially disabled to build a house, she said. If you satisfy the given criteria, the Punjab government will provide you with an Rs 15 lakh loan to enable you to build your own house.
Criteria of eligibility are as follows:
You should be a permanent resident of Punjab.
Your minimum age should be 18.
You should be married.
No particular house should already exist in your name.
You can have an ownership right over 5 marla of land in the urban sector and 10 marla in the rural sector.
You must have completed the PSER questionnaire.
Step-by-Step Registration Guide for Previously Ineligible Candidates
Then, did you apply for the first stage of the 15-lakh loan scheme and your name does not feature in the final result? Do not panic. The Punjab government has given you a chance to apply for the second stage of the 15-lakh loan scheme. Punjab Chief Minister announced that this is the same procedure that was followed in the first round and you can easily submit it from home.
Steps for registration are provided here under:
Submit your PSER survey.
Open your device and surf the official website of ACAG (https://acag.punjab.gov.pk/).
If you are a new user, you can create an account by using the services of CNIC number, phone number, address, passport, and email.
After making your account then login into your account by your CNIC and password with respect to your terms and conditions.
Fill in your CNIC number, phone number, address, name, father’s name, and his CNIC number. Enter details about the account: account holder’s name, type of account, and the number of account. Upload an appropriate scan photo of your person. Upload documents including CNIC and property papers. Lastly, give your feedback and submit your application. Let me know if it works for you!
Required Documents for Loan Eligibility
You will require some documents if you want to apply for the 15 lakh loan scheme of the Punjab government. These documents are for identity proof, and through them, it would be evaluated whether you are eligible for an interest-free loan of Rs 15 lakh to build your house. Mostly, these documents are required to complete the process of your application, and without them, it might get discarded easily.
The documents that are required are:
A clear photograph of your front by the National Identity Card approved by Government of Pakistan.
A clear photograph of the back of your National Identity Card.
Proof of income for the month in question.
Your title deeds.
Conclusion
The first phase results of the loan scheme named Apni Chhat Apna Ghar were released where 70,000 families will be issued an interest-free loan of Rs 15 lakh to construct their houses. Chief Minister Maryam Nawaz Sharif has confirmed that these selected candidates were chosen through computerized balloting on 5th September 2024. The loans will begin to be disbursed from September 15, 2024, and the loan repayment will be made over a period of seven years. Those not selected in this phase need not worry as a follow-up phase is due soon. To become eligible, it is mandatory to complete the PSER survey.