The Latest Update on District-Wise Quota of Loans Under “Apni Chhat Apna Ghar” Scheme – August 2024
District-Wise Quota of Loans :
Under the visionary leadership of CM Punjab, Maryam Nawaz, a groundbreaking initiative has been launched to support 70,000 households in Punjab to realize their dream of owning a home through the “Apni Chhat Apna Ghar” program. This scheme provides a loan of 15 lakh rupees, repayable in user-friendly installments over seven years. Not only that, but the Punjab government will also cover the taxes on the construction of the house.
Chief Minister Maryam Nawaz emphasized that the scheme targets individuals owning 5 marlas of urban or 10 marlas of rural land. To find out if you qualify and how to apply, continue reading below.
Eligibility Criteria for Applicants:
- Your monthly income should not exceed 60,000 rupees.
- You should not be benefiting from any other government scheme.
- You must not own a house.
- Your income should be such that you struggle to meet your basic needs.
- You are not a government employee.
- You must be at least 18 years old.
- You should be a resident of Punjab.
- You have no criminal record.
- Your poverty rating should be less than 30%.
Necessary Documents for Registration:
- Proof of your property
- Front and back photos of your National Identity Card
- Your photograph
Step-by-Step Guide on How to Apply:
- Visit the official portal (https://acag.punjab.gov.pk/) of the “Apni Chhat Apna Ghar” Scheme.
- Create an account using your CNIC, phone number, address, and password if you are new.
- Log in with your CNIC and password after creating the account.
- Agree to the terms and conditions provided.
- Enter your personal details and property information.
- Upload required documents like CNIC photos and property documents.
- Submit your application.
If deemed eligible, you will receive a notification regarding your status.
Significance of “Apni Chhat Apna Ghar”:
“Apni Chhat Apna Ghar” stands as a beacon of hope for 70,000 families in Punjab, offering them a 15 lakh rupees loan to secure their own homes. The installment plan of seven years, with a monthly payment of 14,000 rupees, ensures accessibility and ease of repayment.
To take advantage of the District-Wise Quota of Loans under the “Apni Chhat Apna Ghar” Scheme, visit the official website (https://acag.punjab.gov.pk/) and complete the registration process to access the financial assistance provided by the Punjab Government.
District-Wise Quota of Loans
Under the district-wise quota system introduced by CM Punjab Maryam Nawaz, 15 lakh rupees loans will be allocated to the residents of Punjab. In case of overwhelming demand in any district, the allocation will be made through a fair lottery system.