Interest-Free Loan Scheme 2022:
Excellent news for the Khyber Pakhtunkhwa Govt Employees, The Govt of KPK has just announced interest-free loans for its employees. The best item about this scheme is that workers can get loans without paying interest. The Loan scheme is helpful for buying motorcycles, motorcars, and Bicycles and building a house. Fantastic news for the Khyber Pakhtunkhwa Govt Employees, The Govt of KPK has newly declared interest-free loans for its employees. The best something about this scheme is that employees can obtain loans without producing interest. The Loan scheme is helpful for purchasing motorcycles, motorcars, and Bicycles and building a house.
The Government has notified the scheme for 2022-23; all workers looking for Interest-Free Loan chances are encouraged to go through this post and apply for the project. The loan scheme was presented to facilitate the servants of KPK with interest-free loans.
After involving in the loans, there will be a draw in which parties will be chosen. To know more about the Interest-Free Loan scheme 2022 by the Govt of Kpk, check the facts below and apply.
Details About Interest-Free Loan Scheme 2022
| Country: | Pakistan |
| Region: | KPK |
| Organization: | Govt of KPK |
| Eligibility: | KP Govt Employees |
| Scheme: | Interest-Free Loan |
| Application Deadline: | 30th November 2022 |
Eligibility Standards:
To apply for the interest-free loan, you must complete the following criteria:
- Applier must be working as a govt or an employee of KPK
- Curious applicants can choose only one category
- Applicant must not have attached any other loan
- prospect have to attach a DDO certificate with the application
- The Deputy commissioner of all districts will accept all the applications
Terms & Conditions
The Govt of Khyber Pakhtunkhwa is proposing interest-free loans in four other categories. The needs of each type vary, To check the terms and conditions, check the list given below:
| Loan Type | Limit of Loan | Per month Deduction | Conditions |
| Motor Car (BPS 17 or above) | Rs 200,000/- | Rs 3,334/- (60 monthly installments) | Min. 05-year service & max. 55-year-old (age) |
| House Building (BPS 01-17) | RS 250,000/- | Rs 2080/- (60 monthly installments) | Min. 10-year service & max. 50- year old (age) |
| Motorcycle (BPS 01-17) | Rs 80,000/- | Rs 1340/- (60 monthly installments) | Min. 05-year service & max. 55-year-old (age) |
| Cycle (BPS 01-17) | Rs 8,000/- | Rs 100/- (40 monthly installments) | Nil |
Application Deadline:
The last date for compliance of the application is (30th November 2022)
How to apply?
To apply, follow the subsequent steps:
- To apply for the loan, contenders need to download an application form from the official link.
- Terminate the application form and submit it to the concerned department
visit the link given down:
CLICK HERE FOR THE APPLICATION FORM