Apni Chhat Apna Ghar Scheme
Apni Chhat Apna Ghar Scheme is also known as Maryam Nawaz Loan Scheme as this loan is being provided under the leadership of Punjab Chief Minister Maryam Nawaz Sharif. Chief Minister Punjab Maryam Nawaz Sharif’s main objective of providing the Maryam Nawaz loan scheme is for families who have 5 marla urban land or 10 marla rural land but do not have a house built on this land and do not have a house.
For such families, the Punjab government provides a loan of Rs 15 lakh to start the construction of their own house on their plot. Along with the money for house construction, the Punjab government will also waive tax on house construction. Now in this article, we will tell you that the 15 lakh loan scheme payment has started, how you can get this money, and where you can use the money so you can maintain your interest in the article.
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Current Update About Loan Payments
Punjab Chief Minister Maryam Nawaz Sharif has updated and uploaded pictures related to the Maryam Nawaz loan scheme on her official pages and said that people have started getting loans through the loan scheme. Along with this, she has said that for those who have not yet received the loan, the Punjab government will provide the first loan amount of 15 lakhs to them so that they can start the construction of their house as soon as possible.
Maryam Nawaz Sharif said that she will make sure that the loan can be transferred to the people for the construction of their house clearly and transparently and there is no fear of any kind of cheating or fraud. If any kind of fraud or cheating still happens to you, then inform the Punjab government about it. The Punjab government will take legal action against the cheater so that justice can be done.
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It should be noted that you are being provided with the first installment of the loan of Rs 15 lakhs as soon as the first installment of the loan is processed, after which the Punjab government will verify whether the loan has been used for the construction of the house or not.
If you are found using the loan given by the Punjab government for the construction of a house, then the Punjab government will provide you with the second installment of the loan of 15 lakh rupees. It should be noted that this loan-up is being provided on an interest-free loan which you will have to repay by paying an amount of Rs 14500 per month for 7 years.
Who To Collect Your 15 Lakh First Installment
If your name appears in the balloting organized by the Punjab government, then the Punjab government provides you with the first installment of a loan of 15 lakh rupees. You can get this installment by visiting any nearby branch of the Bank of Punjab (BoP). To get the loan, you have to visit the Bank of Punjab with your original CNIC. The representative there will check your name in the balloting results and verify your other details. After your identity is verified, you will be provided with the first installment of the Maryam Nawaz Loan Scheme.
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Latest News Regarding Registration
Maryam Nawaz Loan Scheme provided by Maryam Nawaz Sharif, registration is now going on. People who have not yet registered in the Maryam Nawaz Loan scheme should visit the official website of ACAG and complete the process of registration as soon as possible so that they can also benefit from the 15 lakh loan scheme provided by the Punjab government.
The current phase of registration is Phase Two. Phase Two will be completed very soon after which the balloting results will be arranged. Those who will register in phase two will be provided with the first installment of Rs 15 lakh loan by the Punjab government through the balloting results with which they can start the construction of their house. It should be remembered that these blotting results are being done based on district-wise quota.
The Punjab government has set a specific quota for each district. If more applications are received in that district than this quota, then Chief Minister Punjab Maryam Nawaz Sharif herself will organize the balloting results in that district and will announce the eligible people. It should be noted that this blotting will be electronic and there will be no fear of any kind of fraud.
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Frequently Ask Questions (FAQs)
What is the Maryam Nawaz Loan Scheme?
The Maryam Nawaz Loan Scheme, also known as Apni Chhat Apna Ghar Scheme, provides a 15 lakh loan for families with 5 marla urban or 10 marla rural land to construct a house.
How can I use the 15 Lakh loan?
The loan is to be used for house construction, and the Punjab government will monitor to ensure the loan is spent for this purpose.
What is the repayment plan?
The loan is interest-free, and you will need to repay Rs 14,500 monthly for 7 years.
How can I get my first installment?
If selected in the balloting, you can collect your first installment from the Bank of Punjab after verifying your identity with your CNIC.
How do I register for the scheme?
Registration is ongoing in Phase Two. Visit the official Maryam Nawaz Loan Scheme website to apply and benefit from the loan.
What is the balloting process of the Maryam Nawaz Loan Scheme?
The Punjab government conducts electronic balloting based on a district-wise quota to select eligible applicants for the loan.
Final Thoughts
Chief Minister Punjab Maryam Nawaz Sharif has launched a Maryam Nawaz Loan Scheme through which she will provide a loan of Rs 15 lakh to families who have 5 marlas urban or 10 marlas rural land but do not have enough capital so that they can start the construction of their house. This loan is being provided in the form of an interest-free loan such that you can pay back the amount of Rs 14500 per month in easy installments of 7 years to the Government of Punjab.
Apni Chhat Apna Ghar Scheme By Government of Punjab All Details You Need To Know
When you register in the Maryam Nawaz loan scheme, the balloting results are arranged. If your name appears in the balloting results, you can visit the Bank of Punjab (BoP) on behalf of the Punjab government to get your first installment of the loan and use the loan to build your house.