15 Lakh Loan Approved for 3 Marla Plot
The Punjab Government has introduced a significant update to the Apni Chhat Apna Ghar Scheme, now offering loans of up to Rs. 1.5 million for owners of three-marla plots. This initiative aims to support residents of Punjab, both in urban and rural areas, in building their own homes. Initially, the scheme was limited to owners of five-marla plots in urban areas and ten-marla plots in rural areas. Recognizing the specific needs of smaller landowners, this provision has been expanded to include three-marla plots.
In Chishtian, many residents own three-marla plots, previously making them ineligible under the old criteria. The revised scheme now enables these individuals to secure loans for home construction, with 66 houses already approved for construction under this new policy.
Apni Chhat Apna Ghar Scheme
The Apni Chhat Apna Ghar Scheme is a pioneering initiative designed to provide affordable housing solutions for the residents of Punjab. Here are the key details you need to know:
Loan Amount and Repayment
- Loan Amount: Up to Rs. 1.5 million for house construction.
- Monthly Installments: Rs. 14,000, providing flexible repayment options.
- Interest-Free Loan Option: An additional Rs. 1 lakh is available as an interest-free loan.
This scheme aims to promote homeownership through accessible and interest-free financial assistance.
Free Tractors and Land Levelers Online Registration
Details about registering for free tractors and land levelers under the scheme are also provided, ensuring comprehensive support for residents.
15 Lakh Loan Scheme
The inclusion of three-marla plots in Chishtian represents a pivotal change in the government’s housing policy. This decision by the Punjab Government allows landowners in the area to build homes with the assistance of Rs. 1.5 million loans. This change addresses the housing needs of a previously underserved community and highlights the government’s dedication to inclusive development. A total of 666 homes are planned for construction under this initiative in Chishtian alone.
How to Apply for the 15 Lakh Loan Scheme
Residents interested in the scheme can register through a straightforward online process. Here are the steps to apply:
- Visit the Official Website: Go to the Apni Chhat Apna Ghar Scheme website.
- Register: Click on the “Register” button.
- Fill Out the Form: Complete the form with all required personal and plot details.
- Submit Your Application: Enter the lottery by submitting your application.
If selected, you will qualify for a Rs. 1.5 million loans, allowing you to start building your dream home.
Conclusion
The expansion of the Apni Chhat Apna Ghar Scheme to include three-marla plots marks a transformative step by the Punjab Government. This move reflects their commitment to providing affordable housing for all, regardless of plot size. Residents of Chishtian and other eligible areas should seize this opportunity to secure a stable future for their families.
FAQs
Who is eligible for the Apni Chhat Apna Ghar Scheme? Residents of Punjab who own plots (three marla, five marla, or ten marlas) are eligible. The scheme applies to both urban and rural areas.
Is the loan completely interest-free? The Rs. 1.5 million loan comes with low monthly installments. Additionally, an optional Rs. 1 lakh loan is offered interest-free.
How long does the registration process take? Once registered on the official website, applicants will be included in the next lottery round. If selected, the loan approval process follows promptly.
Can I apply if I own more than one plot? The scheme typically applies to primary residences. Further eligibility criteria can be checked on the official website.
How many houses will be built in Chishtian under this scheme? A total of 666 houses are planned for construction in Chishtian under the revised criteria.
New Registration for BISP Savings
The government has announced a new registration process for the Benazir Income Support Program (BISP) Savings initiative. This scheme aims to provide financial assistance to low-income families, helping them to save and improve their financial stability. Residents can now register online to take advantage of this opportunity.
To register, visit the official BISP Savings registration page here. The process is straightforward and requires basic personal and financial information to determine eligibility.
The BISP Savings program is part of a broader effort to promote financial inclusion and empower economically disadvantaged individuals. By participating in this scheme, families can access savings accounts with favorable terms, ensuring a more secure financial future.
For more detailed information and to start the registration process, please visit the BISP Savings Registration page.
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