Maryam Nawaz Loan Scheme 2024 Online Apply

Under the leadership of Chief Minister Maryam Nawaz Sharif, the Government of Punjab has launched the Maryam Nawaz Loan Scheme 2024 to provide affordable housing to the people of Punjab. This scheme, part of the larger Apni Chhat Apna Ghar Program, aims to allow residents to build their own homes by offering interest-free loans. It is a major step towards improving the housing sector in the province and providing relief to those who cannot afford to build or buy homes on their own.

The Maryam Nawaz Loan Scheme 2024 is designed to help the underprivileged residents of Punjab by providing them with interest-free loans to build homes. This scheme focuses on providing loans to urban and rural residents with small plots of land who lack the financial resources to construct a house. The program offers up to 15 lakh rupees as an interest-free loan, which can be repaid over seven years.

• Loan Amount: Up to Rs. 15 lakh.
• Repayment Period: 7 years (84 months).
• Monthly Installments: Rs. 14,000 per month.
• Interest-Free: No interest will be charged on the loan.
• Eligibility: Permanent residents of Punjab who own small plots of land in urban or rural areas.

To be eligible for this loan, applicants must meet the following criteria:

1. Residency: You must be a permanent resident of Punjab.
2. Land Ownership:

• Urban residents should own 5 marlas of land.
• Rural residents should own 10 marlas of land.

1. National Identity Card (CNIC): Your CNIC must be registered with NADRA.
2. Head of Household: You must be the head of your household.
3. Income Proof: You need to provide proof of your monthly income.
4. Clean Record: You should not have a criminal record or be involved in unlawful activities.
5. Property Documents: You must have land ownership papers.

To apply for the Maryam Nawaz Loan Scheme 2024, you will need to submit the following documents:

• CNIC (Front and Back): Your identity card should be valid and registered.
• Land Ownership Documents: Proof of land ownership (5 marlas in urban areas or 10 marlas in rural areas).
• Income Proof: Evidence of your monthly income.
• Other Documents: Any other documents requested during the application process.

The application process for the Maryam Nawaz Loan Scheme 2024 is simple and can be completed online through the Punjab Government’s official portal. Follow these steps to apply:

1. Visit the Official Website: Go to the loan application portal at acag.punjab.gov.pk.
2. Create an Account: If you are applying for the first time, you will need to create an account using your CNIC, mobile number, and email address.
3. Login to Your Account: After registering, log in using your CNIC and password.
4. Fill in Personal Information: Enter your details such as your name, father’s name, CNIC number, address, mobile number, and email.
5. Upload Required Documents: Provide scanned copies of your CNIC and land ownership papers.
6. Submit the Application: After completing the form and attaching the required documents, click on the Submit button.

Once your application is submitted, the Punjab Housing and Town Planning Agency (PHATA) will survey to verify your land and eligibility. PHATA representatives will visit your property, measure the land, and prepare a report. Based on the findings, your loan will be approved.

The first installment of Rs. 15 lakh will be disbursed directly into your bank account on 15th September 2024. The remaining loan amount will be given in installments as the construction of your house progresses.

The Maryam Nawaz Loan Scheme provides a lifeline for people struggling to build their homes. The fact that the loan is interest-free makes it accessible to those with limited financial means. Additionally, the seven-year repayment period with affordable monthly installments of Rs. 14,000 ensures that beneficiaries can pay back the loan without undue financial stress.

The scheme also recognizes the importance of relieving the burden of the initial installments by offering a waiver for the first three months to eligible applicants.

Q: What is the main goal of the Maryam Nawaz Loan Scheme?
A: The scheme aims to provide affordable housing to the people of Punjab by offering interest-free loans to help them build their own homes.

Q: How much loan can I get under this scheme?
A: You can receive a loan of up to Rs. 15 lakh.

Q: How can I apply for the loan?
A: You can apply for the loan online through the official portal at acag.punjab.gov.pk.

Q: What documents are needed to apply?
A: You will need your CNIC, land ownership documents, and proof of income.

Q: How long do I have to repay the loan?
A: The loan must be repaid within 7 years, with monthly installments of Rs. 14,000.

Q: Is this loan available to everyone in Punjab?
A: The loan is available to permanent residents of Punjab who own small plots of land and meet the eligibility criteria.

The Maryam Nawaz Loan Scheme 2024 is a golden opportunity for the people of Punjab to build their own homes with the support of the provincial government. If you qualify, make sure to apply online and take the first step towards owning a house through this interest-free loan scheme.