Ehsaas Apna Ghar: KP Government Launches Interest-Free Loan Scheme in 2024-25

The Khyber Pakhtunkhwa (KP) government has introduced the Ehsaas Apna Ghar Scheme, a groundbreaking initiative designed to help low-income families build or improve their homes. The scheme offers interest-free loans of up to Rs 1.5 million for eligible families, aiming to uplift the living conditions of disadvantaged communities across the province.

Feature	Details
Loan Amount	Up to Rs 1.5 million
Repayment Period	7 years
Monthly Installments	Maximum Rs 18,000
Total Allocation	Rs 4 billion

Interest-Free Loans for Affordable Housing

Under this scheme, families with limited financial means can apply for loans to construct new homes or renovate existing properties. With a revolving fund system, the project will continue for seven years, ensuring long-term support. The maximum monthly repayment of Rs 18,000 has been designed to keep the loans affordable for beneficiaries. The KP government has allocated Rs 4 billion for the project, showcasing its commitment to addressing the housing crisis faced by low-income families. This initiative is a significant step toward reducing financial burdens for those striving to improve their living standards.

Eligibility Criteria and Application Requirements

To apply for the Ehsaas Apna Ghar Scheme, applicants must meet specific eligibility criteria, including:

• Land Ownership: Applicants must own a piece of land for the construction or renovation of a home.
• Income Status: Priority will be given to families with lower income levels.
• Housing Needs: Applicants must demonstrate a genuine need for financial assistance to build or improve their homes.

This program ensures that deserving families receive the financial support they need while maintaining transparency and fairness in the selection process.

Commitment to Low-Income Housing

Chief Minister Ali Amin Gandapur underlined the government’s commitment to enhancing housing conditions for low-income households during the inaugural event. “Access to high-quality housing is one of our top priorities,” he said. He remarked, “Providing access to quality housing is one of our top priorities. The Ehsaas Apna Ghar Scheme reflects our resolve to enhance living standards for underprivileged communities.” This program builds on the KP government’s previous efforts, such as the low-cost housing scheme launched in October. That initiative targeted families earning less than Rs 50,000 per month and planned the construction of 1,320 affordable apartments.

Affordable and Convenient Repayment

One of the most appealing features of the scheme is its simple repayment structure. Beneficiaries can repay their loans over seven years in easy monthly installments of up to Rs 18,000. This approach ensures that families can benefit from housing support without being overwhelmed by financial pressures. By making the repayment plan straightforward and manageable, the government aims to make homeownership a reality for thousands of families across Khyber Pakhtunkhwa.

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Conclusion

The Ehsaas Apna Ghar Scheme is more than just a financial program; it is a promise of dignity and better living standards for families struggling with inadequate housing. With this initiative, the KP government has taken a significant step toward addressing the housing needs of its population, ensuring that every family has the opportunity to live in a safe and secure home. This project, along with other housing initiatives under the Naya Pakistan Housing Program, underscores the government’s vision of improving the quality of life for its citizens and fostering a sense of security and stability for generations to come.