Over 15,000 Applications Received for Apna Ghar Apni Chat Interest-Free Loan

The Punjab Government has launched the Apna Ghar Apni Chat Scheme, allowing residents to either own homes or apply for interest-free loans to build their own houses. Since the program’s launch, over 15,000 people have submitted loan applications, reflecting the scheme’s success. Many families are eagerly awaiting assistance to secure their own homes, and the government’s initiative has been a beacon of hope for many.

15,000 Applications for the Housing Scheme

As per recent updates, more than 15,000 applications have been submitted by Punjab residents for the Apna Ghar Apni Chat interest-free loan. The application process is simple and can be done through the government’s online portal or at registration offices. The process is still ongoing, allowing more residents to benefit from this scheme.

Loan Distribution and Phases

Among the 15,000 applications, 657 people from Gujranwala were selected to receive loans in the first phase. Overall, the initiative will benefit 2,628 individuals across multiple stages. The scheme has plans to cover both smaller towns and larger cities, ensuring that people from all over Punjab can participate.

• Simple online application process
• Registration offices available for those without internet access
• Thousands of people to benefit in different phases

Scheme Details and Benefits

During a launch event in Dera Ghazi Khan, the Chief Minister of Punjab shared details about the scheme. The interest-free loan of 15 lakh PKR is repayable over seven years with monthly installments of 14,000 PKR. The initiative is designed to help low-income families become homeowners through easy payment plans and substantial government subsidies.

Rural and Urban Areas Targeted

The housing scheme is open to both urban and rural areas of Punjab. In rural areas, interest-free loans are available for plots up to 10 marlas. In urban areas, the government plans to build 4-story apartment buildings and smaller homes with the help of private developers. The government will also offer a subsidy of up to 10 lakh PKR for each home built under this program.

How to Apply for Apna Ghar Apni Chat Scheme in 2024

To apply for the scheme, follow these simple steps:

1. Visit the official website at AGAC Portal.
2. Click on the “Register” button at the top left of the corner.
3. Fill out the online form with your correct information.
4. Submit the form to complete the registration process.

Alternatively, residents can apply via phone by calling 080009100 or visit a PITB registration office.

Also Read: Breaking News: Sindh Government Launches ‘Sasti Basti’ Housing Project

Conclusion

The Apna Ghar Apni Chat Scheme has successfully drawn attention from thousands of people in Punjab. With over 15,000 applications already received, the scheme offers a valuable opportunity for low-income families to own homes through easy-to-follow plans and interest-free loans. As the project expands, it promises to bring positive change to many lives across the province.