Government of the Khyber Pakhtunkhwa, Finance Department has issued Notificaqtion No. 4-20(F/L)FD/2012/Vol:IV dated 22-08-2017 in connection with Notification of Mark up Rates GPF 2016-17 KPK Government Employees. Detail is as under:
Govt Employees Loan Schemes
Notification of Provident Fund Scheme for TEVTA Employees
Government of the Punjab, Technical Education & Vocational Training Authority has issued Notification No. TEVTA/Bud/PF/2015-16 dated 05-04-2016 in connection with Provident Fund Scheme for TEVTA Employees.
How to Calculate Motorcycle/Motorcar/House Building Advance Interest in MS Excel Sheet
I have already published a detailed article on the calculation of interest amount manually on Motorcar, Motorcycle, and House Building Advance. At the request of the visitors of my site, I am today publishing a detailed article on “Calculation of Motorcycle/Motorcar/House Building Advance Interest in MS Excel Sheet”.
What Kind of Guarantee Required for Prime Minster’s Youth Business Loans
As you know the Prime Minster’s Youth Business Loans programme has been started and the Pakistani and AJK nationalities men and women whose age is between 21 years to 45 years can apply for this loan. You will have the deposit the loan amount in 8 years. 1st installment will be started after one year. Thus the period of the loan installments is 7 years. Now I ll discuss about the guarantees. Only one guarantee is required for this loan. The detail of the same is as under:
Application Form for Prime Minster’s Youth Business Loans
Application form for Prime Minster’s Youth Business Loans is free of cost and you will have to pay nothing for this form. If any one asks for bribery or any illegal demand for this loan process you can contact at the toll free number 0800-77000. You will have to deposit only Rs. 100/- as processing fee at the time of depositing the form and this fee is nonrefundable.
NBP Interest Rate for Advance Salary Loan
I am today giving you the information about the Interest Rate for the Advance Salary Loan for the Employees. The Interest rate for NBP as on 11-09-2013 is 19% which is the lowest as compared to all the other banks. These interest rates are variable from time to time. National Bank of Pakistan grants Advance Salary Loan from a period of 01 year to 05 years. You can calculate yourself the amount of interest and all other details of loan with the help of Advance Salary Loan Calculator whose detail I have already given you in my previous posts. I will show you here some calculations on the base of 19% interest rate. Note these are all rough calculations; there may be variation according to the bank policies.
Happy News- NBP Enhanced Advance Salary Loan for Employees
National Bank of Pakistan has enhanced the Advance Salary Loan for Government, Semi Government Employees. This enhanced facility is for the employees of BPS-17 and above, however the lower scale employees are already availing the facility of Advance Salary up to 490,000/-. Earlier this facility of Rs. 490,000/- was for all the employees, now this facility has been enhanced up to 1,000,000/- for the employees of BPS-17 and above.