Chief Minister of Punjab Declares E-Ballot Winners: Loans Available from 15th September

The latest update from the Government of Punjab brings exciting news about the Apna Ghar Apni Chhat Scheme, offering accessible loans to facilitate home construction. Commencing the balloting in Dera Ghazi Khan, Maryam Nawaz initiated the process by picking the fortunate first winner. The chosen recipient from DG Khan will secure a loan ranging from Rs 12 lakh to Rs 15 lakh. Participation in the Apna Ghar Apni Chhat scheme is exclusively through the CM’s e-balloting system.

Key Details:

• Loan Amount: Rs 12 lakh to Rs 15 lakh
• Balloting Method: E-balloting by CM
• Commencement of First Balloting: Dera Ghazi Khan
• Loan Distribution Begins: 15th September 2024

Loan Distribution Process

Winners of the e-balloting will start receiving their loans from 15th September 2024. Loans will be disbursed in three categories: Rs 12 lakh, Rs 14 lakh, and Rs 15 lakh. The repayment period spans seven years without any interest charges. For example, a recipient of a Rs 15 lakh loan will repay the exact amount over seven years without incurring additional costs.

Lucky Winners Information

The Government of Punjab has disclosed the list of lucky winners under the Apna Ghar Apni Chhat Scheme in DG Khan and other Punjab regions. These winners completed online applications and necessary procedures. For those yet to apply, there is still an opportunity, with the potential to feature in the upcoming list of fortunate recipients.

• Applicants must submit forms online.
• Loan amounts vary from Rs 12 lakh to Rs 15 lakh.
• E-balloting determines the winners.
• Repayment of loans is interest-free.

Eligibility Criteria for Apna Ghar Apni Chhat

To be eligible for the CM’s Apna Ghar Apni Chhat Scheme, applicants must fulfill certain prerequisites. These include being a permanent resident of Punjab according to their CNIC, owning a plot of land in Punjab designated for home construction (5 marla or less in urban areas and up to 10 marla in rural regions), and having no criminal record.

Application Process for Apna Ghar Apni Chhat Program

The application process for this scheme is straightforward. Visit the official website, complete the online form accurately after registering, and submit it for consideration in the e-balloting process.

Loan Repayment Structure

Under the Apna Ghar Apni Chhat Scheme, loans are interest-free, ensuring repayment of the total loan amount without additional charges. The repayment period extends over seven years, with monthly installments contingent on the received loan amount. For instance, recipients of a Rs 15 lakh loan will only repay the stipulated amount, devoid of supplementary fees.

Final Thoughts

The Apna Ghar Apni Chhat Scheme offers a remarkable opportunity for Punjab residents to secure interest-free loans for home construction. Following the successful initial balloting, applicants stand to obtain loans ranging from Rs 12 lakh to Rs 15 lakh. Ensure timely application and adherence to all procedures for potential inclusion in subsequent e-balloting rounds.

FAQs

Who is eligible to apply for the Apna Ghar Apni Chhat Scheme currently?
Permanent Punjab residents with land ownership meeting the specified criteria can apply.

What is the loan amount available through this scheme?
Loans in the range of Rs 12 lakh to Rs 15 lakh can be availed.

Are there any interest charges on the loan?
No, the loan is interest-free, with repayment limited to the original loan amount.

When will the loan recipients be selected?
Recipients will be chosen through the e-balloting process, with loan distribution commencing on 15th September.