Bank of Punjab and Punjab Housing Department established a partnership agreement for interest-free home loans through the Apni Chhat, Apna Ghar initiative. The bank will fund all residential construction projects under this program until fiscal year 2025-26 ends. Housing Minister Bilal Yasin and Bank President Zafar Masood witnessed the ceremony where DG PHATA Sikandar Zeeshan and Umar Khan from the bank formalized the memorandum. Chief Minister approval enabled microfinance institutions to participate and meet yearly objectives. The program has already distributed 60 billion rupees to 52,000 borrowers while collecting 900 million rupees through monthly payments.
Officials plan to release over 10 billion rupees to applicants within thirty days. Noor-ul-Amin Mengal confirmed the ambitious target of completing 100,000 residential units within twelve months. The Housing Secretary emphasized simplified application procedures for citizen convenience. Residents seeking guidance can contact 080009100 for assistance. The agreement demonstrates the government's commitment to providing affordable housing solutions for Punjab's low-income families.
Officials plan to release over 10 billion rupees to applicants within thirty days. Noor-ul-Amin Mengal confirmed the ambitious target of completing 100,000 residential units within twelve months. The Housing Secretary emphasized simplified application procedures for citizen convenience. Residents seeking guidance can contact 080009100 for assistance. The agreement demonstrates the government's commitment to providing affordable housing solutions for Punjab's low-income families.
