Khyber Pakhtunkhwa Government has launched "Ehsaas Apna Ghar Scheme" to provide low-income families with interest-free loans to build, renovate or expand their homes.
According to a spokesman of the Housing Department, deserving families will get interest free loan of 1.5 million rupees with a repayment period of seven years. The spokesman said four billion rupees have been allocated for the scheme.
The government has devised seven-year plan with a maximum monthly installment of 18,000 rupees. Applicants must have one hundred thousand rupees income, own land and aged between 18 to 55 years to be eligible. Last date to apply for the Ehsaas Apna Ghar Loan scheme is 8th of next month.