Interest Free HBA, MCA, Motorcycle Advance and Cycle Advance 2023-24 KP

Applications have been invited for Interest Free Loans for Government Employees 2023-24 KPK. The government of Khyber Pakhtunkhwa is accepting applications for the new loan scheme. The screen through the scheme the provincial government of KPK is providing the best opportunity for the workers working in public departments. These all employees can avail this opportunity to buy a new motor car house building motorcycle or cycle. There are a maximum of 40 to 120 monthly installments for different items. It is not mandatory for any applicant to pay a lump sum amount or cash at the time of buying an item. This scheme introduces 40 to 120 monthly installments for any item mentioned in the table. There will be a lucky draw for the final selection of applicants.

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Latest Rates of Mark Up Chargeable on Development Loans and Advances 2023

The Finance Division issued a Notification on 27-09-2023 in connection with Rates of Mark Up Chargeable on Loans and Advances. The government of Pakistan fixes the rate of markup chargeable on development loans and advances. The federal government for the fiscal year 2022-2023 approves these rates.

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