It is a good news that Interest Free Loan Scheme for Provincial Government Employees KPK 2018-19 has been announced. Last date to submit the applications is 31-01-2019. Further details are as under:
Detail of Interest Free Loan
Provincial Government employees of the Khyber Pakhtunkhwa province can apply for these loans. Following loans are admissible to the employees:
For the employees of BPS-01 to BPS-17
Only for the employees of BPS-17
Detail of Age Limit, Monthly Installment and Amount of Interest Free Loan
Detail of Loan Advance is as under:
|Detail of Loan||Limit of Loan||Monthly Installment||Terms & Conditions|
|Motorcar||Rs. 200,000/-||Rs. 3334/-||Minimum 5 years service, age 55 years|
|House Building Advance||Rs. 250,000/-||Rs. 2080/-||Minimum 10 years service, age 50 years|
|Motorcycle Advance||Rs. 80,000/-||Rs. 1340/-||Minimum 5 years service, age 55 years|
|Cycle Advance||Rs. 8,000/-||Rs. 200/-||No Condition|
Interest Free loan can be applied only for one category. Applied for more than one category will not be considered.
Special thanks to Mr. Zahid Khan for sending the copy of the advertisement of Interest Free Loan Scheme for Provincial Government Employees KPK 2018-19.