Fri. Nov 15th, 2024

Maryam Nawaz Loan Scheme

Maryam Nawaz Loan  is the authorities software via which it is making an attempt to ship economic aid to the human beings of Punjab. The authorities have resumed the registration procedure below the Apni Chhat Apna Ghar programme recently. Now the registration is executed to register in the 2d segment of the scheme. The mortgage furnished by way of the Punjab authorities can be up to Rs 15 lakh and can be repaid in the seven-yearly reimbursement length in month-to-month installments except paying any interest.

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Updates and Progress

Apni Chhat Apna Ghar scheme first spherically concludes. The balloting consequences of the first spherical have been declared, and chosen candidates started out getting their first installment of the mortgage from September 15, 2024. A beneficiary of the scheme can now begin constructing his residence using this mortgage amount. Online registration is reachable for the 2nd spherical of the scheme on the legit internet site of the Apni Chhat Apna Ghar Scheme.

Category Details
Loan Amount Rs 15 Lakh
Interest Rate  Zero percent
Repayment Period  7 Years
Monthly Installment Rs 14,000
Official Website acag.punjab.gov.pk

How to Apply for the Second Phase

Step 1: You want to go to the official internet site of the Apni Chhat Apna Ghar Scheme, which is acag.punjab.gov.pk.

Step 2: Sign in to create your account with your CNIC and quantity of your cell phone.

Step 3: You want to add such files as CNIC, the papers pertaining to the property, and financial institution details.

Step 4: Fill in the shape after agreeing to the phrases and prerequisites of making use of for a loan.

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Benefits of the Maryam Nawaz Loan Scheme

This is a no-interest Loan scheme whereby the fascinated celebration receives low repayments. Seven years of reimbursement will see candidates pay Rs14,000 per month. Here, it is proposed that such a reimbursement mechanism will limit the burden on households so that constructing their houses will now not be too expensive.

  • No hobby domestic building loans.
  • Repayment unfolds over seven years.
  • Easy on-line registration process.
  • Balanced allotment of loans through a balloting process.

Maryam Nawaz Loan Scheme

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Conclusion

The 2nd phase of the Maryam Nawaz Loan would be an amazing probability for these in search of assistance in financing the building of their houses. This would certainly go a lengthy way in assuaging the difficulty confronted through the humans of Punjab, as handy registration for interest-free loans is provided, given that the applicant meets the standards above.

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FAQs

  • Can I get registration beneath the Maryam Nawaz Loan Scheme in 2024-25?

Yes, the registration phase-II is available. You may additionally practice online with the eligible candidate

  • What files will be wanted in 2024-25 whilst making use of the loan?

You will have to post your CNIC and property files for getting this loan.

  • What are the eligibility standards for this mortgage in 2024-25?

Applications are open for those who possess a 5-marla plot in a city location or a 10-marla plot in a rural area.

By Hanan

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