Maryam Nawaz Loan Scheme
Chief Minister Punjab Maryam Nawaz Sharif has launched the Maryam Nawaz Loan Scheme, considering every citizen as deserving of a safe and comfortable home, through which she will provide an interest-free loan of Rs 15 lakh to such families of Punjab for building a house with the help of which the family can get a safe and comfortable home.
Maryam Nawaz Sharif says she will complete the project of providing affordable houses for every family in Punjab. She said owning a house is not just about securing the walls and roof but is very important for security, honor, dignity, a bright future, and building dreams. Maryam Nawaz Loan Scheme aims to provide a comfortable home to every section of Punjab whether they are laborers, small business owners, teachers, or belong to any other profession.
This scheme provided by Maryam Nawaz Sharif is only for those families who do not own their own house but have a 5-marla plot in an urban area registered in their name or have a 10-marla plot in their name on village land. Maryam Nawaz Sharif further said that all such families of Punjab who do not have their own house should be a part of this scheme and should not hesitate to get a loan of 15 lakh rupees from the Punjab government.
In this article, we will tell you how you can register for the Maryam Nawaz loan scheme phase II, what documents will be required for registration, and what benefits you will get from this scheme, so read the article completely. So that you don’t have to face any difficulty in getting a loan of 15 lakh rupees from the Punjab government.
15 Lakh Loan Scheme Phase II Updates
Phase I of the 15 lakh loan scheme started by Maryam Nawaz Sharif has been terminated and the blotting results of phase I have also been announced according to the district-wise quota. People whose names appeared in the blotting results have been provided the first installment of the loan of Rs 15 lakh by the Punjab government and they have started the construction of their houses.
Those who did not register themselves in Phase I of the Maryam Nawaz Loan Scheme provided by the Punjab government or could not submit their application correctly for any reason, then you are being informed that Phase II registration is ongoing, and ineligible persons can register in Phase II of Maryam Nawaz Loan Scheme.
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There is no information about the end of registration Phase II yet you will be notified as soon as the information about the end of registration is received so stay connected to our website.
Benefits People Will Receive Through The Apni Chhat Apna Ghar Scheme
There are many benefits of the Apni Chhat Apna Ghar Scheme provided by the Punjab Government for the poor families of Punjab. The biggest advantage of this scheme is that people are provided interest-free loans through the Maryam Nawaz Loan Scheme. This loan is of 15 lakh rupees, which is provided to you in installments by the Punjab government, as soon as you receive the first installment of a loan of 15 lakh rupees, you can start the construction of your house.
You are being told that you have to repay this loan to the Punjab government in installments. The Punjab government has made a schedule of installments according to which the Punjab government will receive the installment from you. The Punjab government says that you can repay this loan of 15 lakh rupees to the Punjab government in easy installments of 7 years, in which you will have to pay an amount of Rs 14,500 to the Punjab government every month.
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This is an easy installment that a middle-class family can easily afford. Apart from this, one of the benefits of the scheme is that through the Maryam Nawaz Loan Scheme, the government taxes levied on the construction of your house will also be waived by the Punjab government, which will improve your financial condition.
Required Documents For Applying To The ACAG Scheme
If you also want to benefit from the 15 lakh loan scheme, then you have to register yourself for it. When you register yourself for the Maryam Nawaz Loan Scheme, the Punjab government asks you for your various information and documents. This information and documents play a very important role in accepting your application, so whenever you apply for any of the schemes of the Punjab government, make sure that you are entering your correct and authentic information and that the photos of the documents you are uploading are comprehensive and legible.
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The information and documents you need while applying for the ACAG scheme are given below:
- A clear photo of the front side of your National Identity Card issued by the Government of Pakistan
- Clear photo of the back side of CNIC issued by the Government of Pakistan
- Original and legible documents of your property.
- Your details including your name, father’s name, your CNIC number, father’s CNIC number, address, phone number, etc.
Simple Steps To Apply For The Maryam Nawaz Loan Scheme
Registration in the Maryam Nawaz Loan Scheme is very easy and can be completed easily by a common sense citizen. You can get your registration in Phase II of the Maryam Nawaz Loan Scheme by following the below-mentioned details:
- Visit the official website of ACAG provided by the Government of Punjab.
- If you have not already submitted your application, click on the Register button, enter the required information in the form that will be shown in front of you, including your details along with your address and password, and click on the “Register” button.
- After filling out the registration form click on the login button. A login form will be filled in front of you in which you have to enter your CNIC number and password and click on the login button.
- When your account is successfully logged in, a form will show in front of you in which you will be provided with some terms and conditions. You have to be careful while reading the terms and conditions. If you agree with the above terms and conditions then click on the Agree button and continue your registration by clicking on the “Save and Next” button.
- You will be asked for your personal information. Enter all your personal information accurately and comprehensively.
- Upload a clear photo of yourself and yourself and click on the “Save and Next” button.
- Upload the photos of your required documents discussed above and click on the “Save and Next” button.
- Finally, if you want to submit your feedback to Punjab Govt then enter your feedback and submit your application.
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Frequently Ask Questions (FAQs)
What is the Maryam Nawaz Loan Scheme?
It’s an interest-free loan scheme providing Rs 15 lakh to eligible families in Punjab for building a home.
Who is eligible for the Maryam Nawaz Loan Scheme?
Families without a home, who own a 5-marla plot in an urban area or a 10-marla plot in a rural area in Punjab, can apply.
What is the repayment plan for the loan?
The loan must be repaid in easy monthly installments of Rs 14,500 over 7 years.
What documents are needed to apply?
Required documents include the front and back photos of your CNIC, property documents, and your details.
How can I register for Phase II of the Maryam Nawaz Loan Scheme?
Visit the ACAG website, fill out the registration form, upload the necessary documents, and submit your application.
Is there a deadline for Phase II registration?
The end date for Phase II registration hasn’t been announced; stay updated through our website or official sources of the Punjab government.
Are there any additional benefits under this scheme?
Yes, the government will waive taxes on house construction under this scheme.
What should I do if I miss the Phase I registration?
You can still register in Phase II if you meet the eligibility criteria.
Can small business owners and laborers apply for the loan?
Yes, the scheme is open to all professions, including laborers, small business owners, and teachers.
Where can I apply for the loan scheme?
Applications can be submitted online on the official ACAG website.
Conclusion
Phase I of the Maryam Nawaz loan scheme has been terminated and the Punjab government has provided the first installment of a loan of Rs 15 Lakh. Now the Punjab government has started Phase II, those who missed their registration in Phase I can register in Phase II.
For registration, you have to fulfill all the eligibility criteria mentioned by the Punjab government, the most important criteria being that you do not have your own house, you belong to the province of Punjab, and you have 5 Marla urban land or 10 Marla rural land. If you meet the eligibility criteria, you can complete your registration by visiting the ACAG website.
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To process the registration, you must provide your personal information as well as your CNIC photo, your photo, and your property photo. After submitting all this information and documents you can complete your registration in Phase II of the Maryam Nawaz Loan Scheme issued by the Punjab Government and get a loan of 15 Lakhs rupees from the Punjab Government for house construction.
It should be remembered that this interest-free loan is being provided to you in the form of installments, which you will have to repay to the Punjab government by paying an amount of Rs 14500 per month for 7 years.