How To Apply 5 Lakh Loan Without Interest in Pakistan 2022?

How To Apply 5 Lakh Loan Without Interest in Pakistan 2022?

How To Apply 5 Lakh Loan Without Interest in Pakistan 2022?

The Good news for youth who are interested to start their business, Prime Minister Shehbaz Sharif has initiated 5 lakh loan without interest in Pakistan 2022 for the rural and urban poor people. the Basic objective of this scheme is to provide a Microfinance facility, in order to raise industry from 2.5 million people to 5.0 in the next five years under the umbrella of the Pakistan Poverty Elevation Fund. Those who want to apply for this interest-free loan can easily apply online at the ehsaas web portal.

Before apply, must check Prime Minister Interest-Free Loan Scheme online Registration Form 2022 you can download it from this article. Aspirants from all across the country can apply for Prime Minister loan Scheme 2022 without interest but preference will be given to those areas, where microfinance network facilities are low. Equal opportunities are given to men and women.

Those candidates, who have received loans through any other loan scheme like Benazir Income Support Program (BISP) or BISP Micro Scheme are also eligible to get loans. Bila Sood Qarza Scheme Registration forms will be available online and aspirants will be able to download them before the last date of the announcement.

Prime Minister Interest Free Loan Scheme In Pakistan 2022

Prime Minister Shehbaz Sharif has announced an Ehsas bila sood qarza of around 1 million to small business persons. Within few days they will announce the procedure of the complete application submission. When they will announce we will share it with the audience. Further, this is most beneficial for those people who want to start a business but due to lack of money, they do not start. When they will release the application procedure, we will then share it with the audience.

Ehsaas Interest Free Loan Eligibility Criteria

Those aspirants whose poverty score is between 18.5 to 40 can apply for the Ehsaas interest free Loan Program 2022. Those aspirants having an 18.5 poverty score and who received loans under BISP can also apply. Preference for these loans will be given to the areas and districts where microfinance beneficiaries are as low as 12%. Ehsas Loans will be provided without any gender discrimination. Almost 50% of loans will be provided to female borrowers under Prime Minister Interest-Free Loan Scheme 2022. Mark up rate is 0% and candidates have 3 years’ time to return this loan.

Ehsaas Loan Program Online Registration Form 2022

Aspirants will be allowed to download Prime Minister interest free loan scheme application form for free from the official website. Forms will also be available at the union councils of each district too. The maximum loan that a person can get under PM interest-free loan scheme is 50,000 rupees. This scheme is working under the Pakistan Poverty Alleviation Fund and Prime Minister Youth Program. The last date to apply for this scheme has not been declared yet.

Ehsas Bila Sood Qarza Complete Details

No. of LoansWill Be Declared Soon
Average Loan AmountWill Be Declared Soon
No. of District CoveredWill Be Declared Soon
No. of the Union councils coveredWill Be Declared Soon
Mark Up Rate0%

Ehsaas Loan Scheme Registration Last Date

Till now the govt. have not announced the Prime Minister interest free loan scheme application form last date because everyone wants to take the loan and start a business. When they will release the official advertisement then properly issue the last date of the application submission. Keep in touch with this article for the information about the last date.

Also Read: Ehsaas Akhuwat Interest Free Loan Scheme 2022 Registration Online Apply Pakistan

You can take the complete information regarding Prime Minister interest free loan scheme application form 2022 from here. On the other hand, the department is working on this project under the supervision of the Shehbaz Sharif. In addition, they will launch this loan scheme in the month of August 2022. Unemployed people can take the benefits and complete their dream with the help of the government.

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