KPK Insaf Rozgar Scheme 2019 Apply Online for Interest Free Loan

Chief Minister’s KPK Insaf Rozgar scheme 2019 apply online for interest free loan program April application form Bank of Khyber latest announced for eligible candidates to its terms and conditions through BOK.

Chief Minister Mahmood Khan would inaugurate the “Insaf Rozgar Scheme” today (Monday) to help eradicate unemployment and poverty in the terrorism affected areas of the province.

Under this scheme, the skilled and degree holding unemployed people in the age group of 18 to 50 years would get interest free loans from 50,000 to Rs 1 million. Technical people would get from Rs50,000 to Rs0.5 million whereas others would get Rs50000 to Rs0.3 million.

Provincial Minister for Finance Taimur Saleem Jhagra has revealed that government of Khyber Pakhtunkhwa was going to launch the “Insaf Rozgar Scheme” in the merged tribal districts to make the tribal youth stand up on their own feet and start earning their livelihood with respect and honor.

Insaf Rozgaar Scheme Inauguration By Mr. Mahmood Khan The Chief Minister Khyber Pakhtunkhwa on 15th April 2019

Interest Free Loan to Eliminate Unemployment among the Terrorism & Poverty Stricken Public of the Newly Merged Districts & Erstwhile Frontier Regions of Khyber Pakhtunkhwa. Application forms will be available from 15th April 2019.KPK Insaf Rozgar Scheme 2019 Apply Online for Interest Free Loan

KPK Insaf Rozgar Scheme 2019 Apply Online for Interest Free Loan

Eligibility for the Scheme / How to Apply:

  • Applicant must be permanent resident of newly merged districts including erstwhile Frontier Regions of Khyber Pakhtunkhwa.
  • Age Limit 18-50 years.
  • Applicant shall be resident on the provided address for the last two years. (This Condition does not apply to Temporary Displace Person’s).
  • All the individuals who are either jobless or need assistance in their business expansion are eligible for the loan to pursue the workable and achievable goals (preference will be given to professional educated individual or candidates who have passed out from skilled GoKP development programs or its affiliated institutes).
  • The applicant should neither be a servant of any government or semi government organization nor receiving education as regular student in any educational institution.
  • The applicant should not be a defaulter or has remained a defaulter of any Bank/Financial Institution.
  • Applicant has not received any loan from any Govt, scheme previously.
  • Application will be dealt on “First Come First Serve Basis”.

Loan Limit:

  • Professional and degree holders: Rupees: 50,000/-to 1,000,000/-.
  • Technical Expert: Rupees: 50,000/-to 500,000/-.
  • Other unemployed wishing to start or expand the present business: Rupees: 50,000/- to 300,000/-

Repayment Period:

  • Maximum 3 years

Guarantor:

  • 2 persons are required as guarantor.

Criteria of Guarantor:

  • Minimum 1 guarantor should be permanent employee of Federal /Provincial Govt.
  • People of professional repute like Doctors, Engineers, Principals/Vice Principals.
  • Members of Chamber of Commerce and Commercial Associations.
  • Guarantor should not be from any Bank/Financial Institutions.
  • No Guarantor can guarantee more than 2 loans.

UAN: 091-111 95 95 951
Call Center: 021-111 265 265
Website: www.bok.com.pk
Email: [email protected]

BOK reserves the right to reject the guarantors

INSAF ROZGAAR SCHEME is an initiative of Rs. 1 Billion. Where interest free loans will be offered to Low Income / unemployed skilled men & women. Applications Forms for the Scheme shall be available at selected branches of BOK as per following,

Deputy Commissioner Offices & website: www.bok.com.pk.

If you need any further requirements about KPK Insaf Rozgar Scheme 2019 Apply Online for Interest Free Loan then mention in comments section below.

One Response to “KPK Insaf Rozgar Scheme 2019 Apply Online for Interest Free Loan”

  1. Muhib ullah

    Apr 15. 2019

    How to apply?

    Reply to this comment

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