Chief Minister of Khyber pakhtunkhwa Mahmood Khan offering interest free loan for the Youth of KPK that they can start their own business, the Program named Insaf Rozgar Scheme. CM Mahmood Khan starts Insaaf Rozgar Scheme under government of KPK with the help of Bank of Khyber. Under this scheme government of KPK will be provide loan without any interest to low income, unemployed, male and females with terms and condition.
It’s an opportunity for all KPK domicile holders that they can take loan from Government and start their own business anywhere in Pakistan.
Only KPK districts male and female can apply.
Age limit 18 to 50 Years old.
The resident of applicant must be same from last two years.
Educated Youth will be preferred.
The applicant will not be a student or government employee.
The applicants who have already participated in any scheme under government are not eligible to apply.
The loan applications will be served first come first serve basis.
The person who already takes loan from any bank or government or sami government will not eligible to apply.
How to Apply for Insaf Rozgar Scheme:
The interested and eligible applicants can download loan application form from www.bok.com.pk and submit it with all details that are required by BOK.
How Much Loan You can get:
The Insaf Rozgar Loan will be given to professional degree holders from Rs. 50,000/- to 1,000,000/-
Technical Expert can take loan from Rs. 50,000/- to 500,000/-
Other unemployed Persons who want to start their own business can take Loan from Rs. 50,000/- to Rs. 300,000/-
How to Return Loan:
If you got the interest free loan from government of KPK, than you will return same amount that you take from government within three years.
Application Deadline: 30 September 2020
Bank Loan Security:
The government will be approved loan only for those people who will provide the security or any reference that you will return the loan amount within three years.
The BOK (Bank of Khyber) can reject or accept any Loan application.