It might be a piece of good news for the youth of Khyber Pakhtunkhwa(KPK) that the Chief Minister of KPK Ali Amin Gandapur is going to announce a business loan scheme for the educated youth of KPK in the coming days. KP Govt Interest-Free Loan Scheme 2024 requires some terms and conditions and eligibility criteria. The registration of the loan scheme will be started through the Bank of Khyber(BOK).
PESHAWAR: Adviser to the Chief Minister on Sports and Youth
PESHAWAR: Adviser to the Chief Minister on Sports and Youth Affairs, Syed Fakhar Jehan on Wednesday said that the government was launching the “Ehsaas Nawjawan Rozgar Scheme” to help the youth in the province to start their own business and entrepreneurship.
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He said this while chairing a meeting on this provincial government project for the welfare of the youth in PKP Govt Interest-Free Loan Scheme 2024 for Youth| Eligibility & Registration 2024 eshawar. Secretary of Sports and Youth Affairs Matiullah, Director for Youth Affairs Dr. Noman Mujahid, Bank of Khyber head of Microfinance Asad Kakakhel and other officials attended the meeting.
He said this scheme would provide interest-free loans to youth across the province to establish their own business in every sector.The adviser said under this scheme, interest-free loans of one million to 10 million would be provided to youth belonging to the province in the form of clusters.
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The loans would be disbursed through the Bank of Khyber (BoK) and designated branches of the bank would be identified for the purpose.The advisor said this scheme of the province would consist of interest-free loans through which they can develop their existing business or start a new business for themselves.
CM KPK Easy Loan Scheme for Students 2024
The government of KPK will provide asaan qarza to the talented youth to start a new business or increase their business in easy installments. CM Ali Main Gandapur called the youth the asset of KPK and they deserve to get financial aid from the government. He said that about 1 to 10 million rupees would be given to the youth of KPK in the form of interest-free loans.
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KP Govt Interest-Free Loan Scheme 2024
| Scheme Name | KP Govt Interest-Free Loan Scheme 2024 |
| Who is Eligible? | Male and Female Youth of KPK |
| Minorities Quota | 5% |
| Total Amount of Loan | 1-10 Million |
| Interest(Markup) | 0% |
| Start Date | Very Soon |
Eligibility For KPK Loan Scheme 2024
Talented, skilled, and educated male and female students of Khyber Pakhtunkhwa are eligible to apply for this interest-free loan scheme to start a fresh business or develop an existing one. Bank of Khyber(BOK) will facilitate the youth for application processing and registration process for this Govt of KPK loan scheme. Special persons, minorities, and students of madrasas are also eligible to apply for this scheme.
How To Register for KP Govt Interest-Free Loan Scheme 2024
Yet this scheme has not been announced officially by the government of KPK. but after launching the scheme the Bank of Khyber will provide you with the application form to submit to the nearest BOK branch.
The registration process would be very simple and you must provide your personal information, academic information, and business details on the application form during registration.