15 Lakh Loan Scheme By CM Punjab Maryam Nawaz
15 Lakh Loan Scheme
Good news for those who applied in the first phase of the 15 lakh loan scheme but did not get selected: the Punjab government is now allowing these individuals to apply again in the second phase of the scheme. Chief Minister Punjab Maryam Nawaz has announced that this program aims to ensure that every resident of Punjab can have their own home.
Owning a home is a significant blessing and a basic need, so the Punjab government is committed to making sure everyone has their own house. The registration for the first phase has been completed, and homes have been allocated based on a district-wise quota.
This article will guide you through the registration process for those who were not selected in the first phase. Stay with us to get all the details.
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New Eligibility Criteria Set by the Punjab Government
Chief Minister Maryam Nawaz has introduced new criteria for the second phase. She emphasized that only eligible individuals will be considered for the 15 lakh rupee loan. To qualify, you must meet the following criteria :
- Be a permanent resident of Punjab.
- Be at least 18 years old.
- Be married.
- Not already own a home.
- Own 5 marla of urban land or 10 marla of rural land.
- Have completed the PSER survey.
Note: As per the latest update from the Punjab Government, a PMT score is no longer required to apply for the Apna Chhat Apna Ghar scheme. Your PMT score will not affect your application.
Required Documents for Application
When applying for the 15 lakh loan scheme, you will need to provide certain documents to verify your identity and eligibility. These documents are crucial for processing your application and include:
- A photograph of the front side of your National Identity Card (NIC), approved by the Government of Pakistan.
- A photograph of the back side of your NIC.
- Proof of your monthly income.
- Proof of your property.
Registration Guide for Previously Ineligible Applicants
If you applied in the first phase of Apna Ghar Apni Chaht but did not get selected, you can register for the second phase using the following steps:
- Ensure your PSER survey is complete.
- Visit the official ACAG website: https://acag.punjab.gov.pk/.
- If you are a new user, create an account using your CNIC number, phone number, address, passport, and email.
- Log in with your CNIC number and password.
- Agree to the terms and conditions.
- Provide your personal information, including CNIC number, phone number, address, name, father’s name, and father’s CNIC number.
- Enter your bank account details such as account holder name, account type, and account number.
- Upload a recent photograph.
- Upload your documents, including NIC and property documents.
- Submit your application with your feedback.
Avoid Things For Disqualification from the 15 Lakh Loan Scheme
If your application was rejected, it might be due to one of the following reasons. To improve your chances in the second phase, avoid these issues:
- Failing to recheck your information.
- Not providing original documents.
- Uploading unclear or dirty photographs.
- Providing false information.
- Omitting required details.
- Registering after the deadline.
I Can register in phase two if my application was rejected in phase one?
Yes, if your phase one application was not accepted, you can apply for phase two.
What documents are needed to register for phase two of the ACAG Scheme?
You need your National Id Card Copy and proof of property which is on your name to register for phase two.
When will I receive the Rs 15 lakh if my name appeared in the phase one results?
If your name was selected in the phase one results, you will receive the Rs 15 lakh from the Punjab government on September 15, 2024.
Key Points of the 15 Lakh Loan Scheme
If your application in the first phase of the ACAG scheme was not successful, the Punjab government has given you another chance to apply in phase two of 15 Lakh Loan Scheme. You can complete this registration from home via the ACAG official website: https://acag.punjab.gov.pk/. Ensure you upload clear photos of your documents and provide accurate information. The balloting for phase two will occur on a date set by the Punjab government. If selected, you will receive an interest-free loan of Rs 15 lakh to build your own home.
