KP to provide interest-free loans to government employees. Here’s all that you need to know

According to news sources, the loan can be acquired by a government employee if they want to buy motorcycles, cars, houses, or even bicycles.

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The provincial government of Khyber Pakhtunkhwa (KP) has decided to give interest-free loans to government employees.

According to news sources, the loan can be acquired by a government employee if they want to buy motorcycles, cars, houses, or even bicycles.

Who will be eligible for the loan?

Government employees from grade 1 to 17, who have a minimum service period of five years and a maximum of ten years, will qualify to apply for the loan.

The employees serving in grade 18 and above can apply for loan for purchase of a car only. These loans will range from Rs.8,000 to Rs. 250,000.

Interest-free loans for women

Previously, interest-free loans were also announced for women. Special Assistant to Khyber Pakhtunkhwa Chief Minister, Abdul Karim said that the provincial government will give interest-free loans to female entrepreneurs to help them promote and grow their business.

Karim added that the government is a staunch believer of female-participation in socio-economic development and for the purpose of using all available resources.

He suggested that women promote their business through the use of modern technology.

Secretary Industries Javed Marwet said that the Department of Trader and Industry is also encouraging women entrepreneurs to come forward, and special steps should be taken to help them.

What are your views on this? Share in the comments bar below.

  • KP has been doing an exceptional job
    corruption gone done considerably
    the govt seem to be actually working for people
    well done to them.


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