KPK Govt Announce Interest Free Loan Scheme 2024 Good news for those poor people who belong to Khyber Pakhtunkhwa province of Pakistan, there is an important announcement from KPK Govt.A new scheme was introduced under which interest-free loans will be given to the people of KPK. In which you can get loan from 8 thousand to 2 lakh 50 thousandÛ”Government employees have also been included in this scheme.Details of the scheme are given below
KPK Govt Announce Interest Free Loan Scheme 2024 Apply Now
Features of Loan Scheme
This is an interest free loan and no interest of any kind will be charged.
The scheme will be funded by the government and loan amount will be provided to the eligible people.
A regular calculation of the loan has been done by the government and all the details, when to pay back, how much the installment will be, have been mentioned.
| Loan Term | Loan Limit | Monthly Rate of Deduction | Conditions |
| BS-17 & Above Motorcar | Rs 200,000 | Rs 3334/- Monthly Installments 60 | Minimum Service 5 years Maximum Age 55 Years |
| BS-1 to BS 17 House Building | Rs 250,000 | Rs 2084/- Monthly Installments 120 | Minimum Service 10 Years Maximum Age 50 Years |
| BS-1 to BS 17 Motorcycle | Rs 80,000 | Rs 1334/- Monthly Installments 60 | Minimum Service 5 years Maximum Age 55 Years |
| BS-1 to BS 17 Cycle | Rs, 8000 | Rs 200/- Monthly Installments 40 | No Condition Required. |
General Instruction
- Candidate can Apply Only on One Term of Loan to Apply more than One Application will not be Considered.
- Applicant must not be a part of any Loan scheme before.
- Candidate Must Attach DDO Certificate with Application Form.
- Management Will not Accept the Application Directly from Candidates.
How to Apply for Loan Scheme?
Candidate must visit the Official Website https://bfkp.org. Fill Online Application form Carefully Attach Required Documents with Applications.
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