15 Lakh Loan Scheme Step Step Guide For New Applicants

Imagine building your dream home without the burden of high-interest loans. Well, this is now possible through the revolutionary Maryam Nawaz 15 Lakh Loan Scheme under the Apni Chhat Apna Ghar Scheme. If you’re a resident of Punjab and have always dreamed of owning a home, this scheme could be your golden opportunity.

Let’s dive deep into the step-by-step process for applying, ensuring you don’t miss any critical details along the way!

Launched by Chief Minister Punjab, Maryam Nawaz Sharif, this loan scheme aims to make homeownership affordable for the underprivileged in Punjab. It offers interest-free loans of up to 15 lakh rupees to eligible applicants, payable in easy monthly installments over seven years. Imagine owning a house without worrying about crushing loan interest—sounds amazing, right?

Maryam Nawaz Loan Scheme 2024 Online Apply

Here’s a simple, easy-to-follow guide to help you apply for this life-changing scheme:

Start by heading to the official loan application portal: acag.punjab.gov.pk. This is your starting point to register for the scheme.

If this is your first time applying, you’ll need to set up an account. Use your CNIC, phone number, and email address to register. This ensures that all your details are secure and verified through the government’s system.

Once registered, log in with your CNIC and password. You will be required to fill in some important details like:

Your name
Your father’s name
CNIC number (both yours and your father’s)
Contact details (phone, email, etc.)

It’s crucial that you fill in the correct information to avoid any delays in processing.

Now, the real deal—upload the necessary documents. You will need:

A scanned copy of your CNIC (front and back)
Ownership documents for the land you want to build on (whether in rural or urban areas)
Proof of income (to verify that you can manage the monthly installments)

Once uploaded, hit the “Save & Next” button.

Before proceeding, you’ll need to agree to the terms and conditions of the loan. This is standard procedure, so give it a quick read to ensure you understand the loan repayment terms.

After filling out the required information, click Submit. At this point, your application is in the hands of the Punjab Housing and Town Planning Agency (PHATA), who will assess your eligibility.

Don’t Miss Out! Apply Now for the 1.5 Million Scheme –

Once submitted, PHATA will conduct a thorough site survey. They’ll visit your property, verify the details you provided, and assess the plot to ensure it qualifies under the scheme. If all goes well, you’ll receive the loan in installments, starting with the first disbursement on September 15, 2024.

Not everyone qualifies for this loan, but if you tick the boxes below, you’re good to go!

Permanent resident of Punjab: This scheme is exclusive to residents of Punjab.
Property ownership: You must own 5 marlas of urban land or 10 marlas in rural areas.
No other housing scheme benefits: You should not be receiving funds from any other government housing scheme.
Clean background: You should have a clean legal record.
Head of household: This scheme is for people who are heads of their families and are the primary breadwinners.

How to Apply Online for CM Maryam Nawaz’s 15 Lakh Loan Scheme

Before applying, gather the following documents:

National Identity Card (CNIC) registered with NADRA
Proof of property ownership (land documents)
Income proof (bank statement, salary slip, etc.)
No criminal record verification

The best part? You can repay this loan in easy monthly installments of just 14,000 rupees! Additionally, the first three months of installments are waived for eligible families, making it even more affordable.

The Maryam Nawaz 15 Lakh Loan Scheme isn’t just another government program. It’s a pathway to change for thousands of families who never thought owning a home was within reach. By offering interest-free loans, this scheme removes the financial pressure often associated with home loans.

Here are the standout benefits:

No interest, just easy repayments
Seven-year repayment period—plenty of time to repay without stress
Government waivers for early months’ payments
A step towards urban and rural development, increasing property ownership in Punjab

Check the List of Selected Candidates for Maryam Nawaz’s 15 Lakh Loan Scheme

The Maryam Nawaz 15 Lakh Loan Scheme is a beacon of hope for families across Punjab. If you meet the eligibility criteria, applying is straightforward, and the rewards are priceless—a home to call your own.

For more information and to apply, head over to the official portal at acag.punjab.gov.pk. Don’t wait! Secure your family’s future with this amazing opportunity.