The Maryam Nawaz 15 Lakh Loan Scheme, also called the “Apni Chhat Apna Ghar” scheme, is a program launched by the government to help low-income families in Punjab build their own homes. This scheme offers interest-free loans of up to 15 lakh rupees, making it easier for people to afford construction costs. If you meet the eligibility criteria, you can apply online and get the financial support needed to build your house.
| Key Features of the Loan Scheme | Details |
| Target Group | Low-income families in Punjab |
| Loan Amount | Up to 15 lakh rupees (interest-free) |
| Repayment Plan | 7 years with a monthly installment cap of 14,000 rupees |
| Property Size | 5 marla (urban) or 10 marla (rural) land |
Contents
Eligibility Criteria for the Maryam Nawaz Loan Scheme
To be eligible for the Maryam Nawaz 15 Lakh Loan Scheme, you must meet certain criteria. The main requirement is that you should be a permanent resident of Punjab and own a plot of land. In urban areas, the land size should be between 1 to 5 marlas, and in rural areas, it can be up to 10 marlas. Another important condition is that you should not already own a house. This scheme is specifically for families that do not have a home of their own.
Loan Details and Repayment Plan
The loan offered under this scheme is interest-free and amounts to 15 lakh rupees. The repayment period is 7 years, with a grace period of three months. This means that the first three months’ installments are waived, allowing some financial relief. After the grace period, you will have to pay monthly installments of up to 14,000 rupees. This flexible repayment plan makes it easier for low-income families to manage their finances while building their homes.
Required Documents for Application
Before you apply, make sure you have the necessary documents ready. These documents will be used to verify your eligibility for the scheme. Here is a list of what you will need:
- Copy of your CNIC (front and back)
- Proof of property ownership
- Monthly income statement
- Bank statements from the last three months
These documents ensure that only deserving families who meet the criteria receive the loan.
How to Apply for the 15 Lakh Loan Scheme
Applying for the Maryam Nawaz Loan Scheme is simple and can be done online. Follow these steps to apply:
- Visit the Apni Chhat Apna Ghar portal at acag.punjab.gov.pk.
- Create a new account using your CNIC, phone number, and email.
- Fill out the application form, providing your personal and property details.
- Upload the required documents (like CNIC, proof of property, etc.).
- Submit your application after reviewing all the details.
By completing these steps, you will be registered for the loan, and your application will be processed for further verification.
Also Read: New Registration Camps Set Up for CM Maryam’s ‘Apni Chat Apna Ghar’ Program
Selection Process and Loan Distribution
Once your application is submitted, the government will verify your documents to check if you meet the eligibility criteria. If selected, you will receive a loan of 15 lakh rupees, which is meant to help with the construction of your home. The registration process has already seen over 200,000 applicants, and the goal is to assist 70,000 families in Punjab. Once the verification is complete, the loan distribution will begin.
Loan Repayment Process
The repayment of the loan is spread over a period of 7 years. The first three months are a grace period, during which you won’t need to make any payments. After that, you will have to pay monthly installments of up to 14,000 rupees. This flexible repayment plan ensures that families can manage their finances without much burden.
- Interest-free loan of up to 15 lakh rupees
- 7-year repayment period with 14,000 rupees monthly installments
- Grace period of 3 months for financial relief
Also Read: Apni Chat Apna Ghar
Conclusion
The Maryam Nawaz 15 Lakh Loan Scheme is an excellent opportunity for low-income families in Punjab to build their own homes. With its easy application process, interest-free loan, and flexible repayment terms, this scheme aims to provide housing support to those who need it the most. If you meet the eligibility criteria, you should gather the required documents and apply through the official Apni Chhat Apna Ghar portal. This initiative is a step toward improving the living conditions of thousands of families across Punjab.
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