Maryam Nawaz’s Interest-Free Loan of Rs 1.5 Million: July 2025 Update

Maryam Nawaz’s Interest-Free Loan

The Punjab government, under the leadership of Chief Minister Maryam Nawaz Sharif, has taken a revolutionary initiative for low-income people, called the “Apni Chhat Apna Ghar” scheme. Under this scheme, the Punjab government is providing interest-free loans of up to Rs 1.5 million to deserving and land-owning families so that they can build a house on their land in a dignified manner.

Background of the scheme

The scheme was launched in October 2024 and by July 2025, more budget and resources have been allocated to it so that more families can benefit. Its main objective is to help people who have land but do not have the capital to build a house.

Total Loan Amount and Beneficiaries

• Loan Amount: Maximum Rs. 1.5 million (i.e. Rs. 15 lakh)
• Total Beneficiaries: Approximately 70,000 families are being benefited in the initial phase.
• Repayment Tenure: 7 years
• Monthly Installment: Approximately Rs. 14,000 to 14,500
• Initial Discount: Installment discount for the first three months

Who is eligible?

You can apply for this scheme if you meet the following conditions:

• Must be a permanent resident of Punjab.
• Must own your own land (maximum 5 marla in urban areas, up to 10 marla in rural areas)
• The applicant or his immediate family should not already own a house.

How to Apply

• First visit the official website of the scheme: acag.punjab.gov.pk
• Create a new account on the website (with CNIC, mobile number, email)
• Complete the online application form

Upload the required documents:

• CNIC (front and back)
• Proof of land ownership
• Recent passport size photograph
• Submit the form and wait for verification

If you live in a district where the number of applications is high, the balloting system will be used.

Latest Update as of July 2025

• The Punjab Assembly has passed the budget for the financial year 2025-26 on June 27, 2025, in which the funds for this scheme have been further increased.
• The process of scrutiny of applications and loan approval is ongoing.
• Preparations are also underway to expand the scheme to more districts in the next phase.

Why is the benefit of the scheme important?

• Being an interest-free loan, it provides an opportunity for the first time in the country that people can build houses without interest.
• Construction of houses is creating employment opportunities in the construction industry.
• The government’s aim is to ensure that even low-income people get the opportunity to live a dignified life.

FAQs

Question: Is this loan really interest-free?
Yes, the loan provided under this scheme is completely interest-free.

Question: Do I have to pay installments before the house is built?
No, the installment payment for the first three months has been waived so that you can start construction.

Question: What if someone in my family already has a house in their name?
In such a case, you will not be eligible for the scheme.

Question: Is this scheme only for urban areas?
No, this scheme is for people from both urban and rural areas.

Question: How many days does it take to get a response after submitting the form?
The verification process is completed within a few weeks after submitting the application.

Final Words

If you have 5 or 10 marla land and you cannot afford to build a house, then this scheme of the Maryam Nawaz government is for you. You get an interest-free loan of Rs 1.5 million which you can repay in easy installments over 7 years. As of July 2025, the scheme is fully functional and the government is supporting it in the budget.