New Registration Opens for ‘Roshan Gharana Program’ April

Registration Opens for ‘Roshan Gharana Program’ April

Chief Minister of Punjab, Maryam Nawaz Sharif, has unveiled the launch of the Chief Minister Roshan Gharana Program, aiming to distribute 50,000 solar systems across Punjab. This initiative was revealed during a review meeting presided over by the Chief Minister, focusing on solar home solutions. Here’s everything you need to know about this groundbreaking program:

Overview of the Roshan Gharana Scheme

With a budgetary allocation of Rs 12.6 billion, the Chief Minister Roshan Gharana Scheme aims to provide solar systems to 50,000 protected consumers in Punjab. These systems will be distributed through balloting in Phase I, primarily targeting consumers utilizing up to 100 units monthly. The solar system package includes advanced solar plates, inverters, batteries, and other necessary accessories.

Key Features of Roshan Gharana Program

• Financing Options: The program offers financing options for various purposes including property purchase, construction, renovation, and land acquisition.
• Equal Monthly Installments: Participants will benefit from equal monthly installment plans.
• Flexible Financing Tenure: Financing tenure ranges from 3 to 25 years.
• High Financing Limits: Financing is available for up to 85% of the property value for purchase and construction, and up to 30% for renovation.

Eligibility Criteria

Salaried Individuals

• Non-Resident RDA account holder
• Valid NICOP holder
• Age between 20 and 60 years (or retirement age, whichever is lower)
• Minimum two years of continuous employment

Non-Salaried Individuals

• Non-Resident RDA account holder
• Valid NICOP holder
• Age between 20 and 65 years
• Minimum two years of continuous business operation

Registration Form for the Roshan Gharana Program

To apply for the Roshan Gharana Program, interested individuals need to follow these steps:

1. Fill in the Form: Simply click on the ‘Apply Now’ button and fill in the required details.
2. Provide Necessary Documents: Ensure you have all the required documents ready. Refer to the documents checklist for both salaried and non-salaried individuals.
3. Submit Application: Once all documents are ready, submit your application.

How to Apply for the Roshan Gharana Program 2024?

To apply for the Roshan Gharana Program, you need to provide the following details:

• Email Address
• The required amount of Finance
• City in which Home Finance is required
• Applicant’s source of income
• Name of Customer
• Contact Number

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Who is eligible for the Roshan Gharana Program?

Both salaried and non-salaried individuals meeting the specified criteria are eligible.

Is there a minimum income requirement for applicants?

No, there is no minimum income requirement; however, a maximum of 50% Debt Burden Ratio (DBR) will be maintained.

What is the maximum property value covered under the scheme?

The financing covers up to 85% of the property value for purchase and construction purposes.

Conclusion

The ‘Roshan Gharana Program’ presents an excellent opportunity for individuals in Punjab to embrace clean energy and secure financing for their housing needs. With its flexible terms, transparent process, and commitment to technological advancement, this program promises a brighter future for homeowners. Register now and take the first step towards a sustainable and prosperous tomorrow!