The Maryam Nawaz Loan Scheme is a government program designed to give Punjabi citizens financial support. For individuals who were unable to register during the first phase, the second phase of the Apni Chhat Apna Ghar initiative has officially opened. Through this initiative, the Punjab government can lend up to Rs15 lakh to qualified candidates. The loan must be repaid in interest-free monthly installments over a period of seven years.
| Scheme Details | Key Points |
| Loan Amount | Rs15 lakh |
| Interest Rate | Zero interest |
| Repayment Period | 7 years |
| Monthly Installment | Rs14,000 |
Updates and Progress
The Apni Chhat Apna Ghar scheme’s first phase has successfully ended. On September 15, 2024, the phase one voting results were made public, and the borrowers who were chosen started getting their first loan payments. Recipients can immediately begin building their homes with the help of this loan. The Apni Chhat Apna Ghar Scheme’s official website is the place for interested parties to register for the scheme’s second phase, which has begun.
How to Apply for the Second Phase
The Maryam Nawaz Loan Scheme’s second phase application process has been made easy to use and straightforward. Candidates must go to the Apni Chhat Apna Ghar Scheme’s official website and register by entering their phone number, CNIC, and other required information. Upon logging up, candidates must upload appropriate papers, including a picture of their entire National Identity Card and proof of property ownership. Following submission, the application will be reviewed, and qualified individuals will be added to the voting list.
Key Steps for Registration
- See the acag.punjab.gov.pk website, the official Apni Chhat Apna Ghar Scheme website.
- Make an account by providing your phone number and CNIC.
- Upload the required files, such as your bank account information, property documents, and CNIC.
- Once you have accepted the terms and conditions, submit the application.
Benefits of the Maryam Nawaz Loan Scheme
Because the loan provided under this system has no interest, it is accessible to anyone. Applicants must return the loan over a seven-year period at a rate of Rs 14,000 per month. Families will find it easier to build their homes thanks to this structure, which relieves them of the burden of unnecessary prices. interest-free loans for building a house. Repayment plans that are flexible and last seven years. simple online registration procedure. voting for transparent loan distribution.
Conclusion
The second phase of the Maryam Nawaz Loan Scheme offers a beneficial chance for people who require financial assistance to construct their homes. With interest-free loans and a simple application process, this program provides Punjabi families with much-needed help. Eligible applicants can take advantage of this initiative and start building their homes with the government-provided financial assistance by following the above-described processes.
FAQs
Can I still apply in 2024–2025 for the Maryam Nawaz Loan Scheme?
Yes, phase II registration is now open, and qualified candidates may submit their applications online.
What paperwork is needed in 2024–2025 to apply for a loan?
In order to qualify for the loan, you must submit your CNIC and property records.
What are the requirements to be eligible for the loan in 2024–2025?
In urban regions, applicants must own a 5-marla plot; in rural areas, they must own a 10-marla plot.