It will also be authorized by the Bank of Khyber. We have shared the details about the Insaaf Rozgar Scheme Phase II interest-free from the Khyber Pakhtunkhwa government. It is the best way to provide opportunities to every child who is currently unemployed due to UN employment opportunities. Now, eligible applicants are eligible to receive loans through Khyber Bank. Bank of Khyber. Information is provided below. With the Khyber Bank Loan without Interest 2024, the borrower receives an impressive amount that can be used to start an income source. Candidates of any gender must go through all the details and then submit their applications by the deadline. The Khyber Pakhtunkhwa government has announced the “Insaf-Rozgar Scheme” in the district of tribal. We are all aware it is the KPK government that has announced Phase 2 of the Insaf Rozgar Scheme.
Khyber Bank Loan without Interest 2024 Scheme for Interest-Free Loan by BOK
the Chief Minister of Khyber Pakhtunkhwa has formally inaugurated the Insaf Rozgar Scheme in the merged tribal District Mohmand in which interest-free, non-interest-paying loans of up to 10 Lakh are available for residents in the area to reduce poverty and unemployment in regions that are impacted by terrorism in the newly-merged tribal districts. The Khyber Pakhtunkhwa government will provide an interest-free credit of 70 crores as part of this scheme.
www.bok.com.pk Loan Scheme 2024
In this program, the youngsters of the tribal districts that have been merged will receive loans with no interest from the Bank of Khyber (BoK) to help them start their businesses. The interest-free loans are reserved for youth in the district that has been merged. He stated that an amount of Rs2 billion would be allotted to the scheme. A loan of 50,000- 10 lakhs will be made available by the KPK Government through this Insaf Rozgar Scheme.
Khyber Bank Interest-Free Loan Scheme 2024 KPK Insaf Rozgar Scheme Application Form
Someone who needs a budget to expand his business is able to take the Khyber Bank’s Loan without interest in 2024. This is by far the best plan for interest-free loans provided through the BOK. The borrower can pay back in installments. It is evident that clearly, the Government of Khyber Pakhtunkhwa has introduced the khud kafala rozgar program for people who are not employed.
Loan Limit
The installment time frame will consist of three years. The loan program is like the loan program that was introduced through the government in Pakistan under the same govt of PTI.
Khyber Bank Loan without Interest 2024
The primary goal of the Friends Insaf Employment Scheme is to assist the young people in KPK who are currently employed to establish their own companies. It could be a revolutionary move to ease the suffering of the KPK people.
| Category | Loan Admissible | Mode of Installments | Eligibility |
| Bicycle Advance | Rs.8,000/- | Rs.200/- P.M. | BS-01 to BS-17 |
| Motorcycle Advance | Rs.80,000/- | Rs.1,340/- P.M. In 60 equal installments. (No permission for extension in the period of return else profit on the loan will be imposed at the profit rate of GP Fund of that year.) | BS-01 to BS-17 with 5 Years Minimum Service and 5 Years Remaining Service (i.e. Max Age 55). |
| House Building Advance | Rs.2,50,000/- | Rs.2080/- P.M. In 120 equal installments. | BS-01 to BS-17 with 10 Years Minimum Service and 10 Years Remaining Service (i.e. Max Age 50). |
| Motorcar Advance | Rs.2,00,000/- | Rs.3334/- P.M. In 60 equal installments. | BS-17 & Above with 5 Years Minimum Service and 5 Years Remaining Service (i.e. Max Age 55). |
How to Apply Online and Last Date 2024
It also plays a significant role in stabilizing the economic situation of Pakistan. A huge amount of rupees is earmarked from the budget of the government for the purpose of creating income for a struggling man who is working for a long time to earn some money. Khyber Pakhtunkhwa has released a loan program that is interest-free for 2024 KPK state employees.
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