Insaf Rozgar Scheme Khyber Pakhtunkhwa Government

 

Insaf Rozgar Scheme is a step forward for welfare of the people  of Kpk. Firstly, It is a soft loan program for the residents of for FATA. To support the energetic youth, Government of Khyber Pakhtunkhwa (Kpk) initiated a soft loan scheme for the residents of newly merged tribal districts of Kpk. Moreover, this program was announced by the honorable chief minister of Khyber Pakhtunkhwa (Kpk) a few months back but after fiscal year budget 2019-20, however, chief minister of Kpk formally launched this scheme today on 20-06-2019. One Billion Rupees have allocated for this Scheme 2019-20 provincial budget.

 

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Eligibility:

  • Must be a resident of Former FATA or Frontier Regions.
  • Age limit is 18 to 50 years for the scheme.
  • Educated and skilled people will be preferred.
  • Students and Government employees are not eligible for this scheme.
  • Applicants must be receiving other loans from any other institution.
  • This scheme is based on first come first get.
 

Security:

At least one person must take the security of the applicant and that person should be a government employee.
Professionals, Doctors, Engineers, Principles, etc, can also take responsibility for the applicant. 
 

Limit of Insaf Rozgar Scheme Loan:

To begin with, for Professionals and Degree Holders the amount of loan is from 50000 to 1000000 Pkr. Similarly, the amount of loan, under this program, for Technical people is from 50000 to 500000 Pkr.
On the other hand, for Jobless people the amount of loan is from 50000 to 300000 Pkr.
 
 
This loan has to be returned back to the government in 3 years.
 
 
In conclusion, application forms for this scheme are available in the Bank of Khyber (BoK) all over Khyber Pakhtunkhwa. Furthermore, females can also avail Insaf Rozgar Scheme for establishing their businesses.
 
For more details CLICK HERE
 
 
For your assistance, the original advertisement is given under.
 
 
Insaf Rozgar Scheme kpk Jobs 2019

Additional Information About Insaf Rozgar Scheme

To conclude with, Khyber Pakhtunkhwa and the Bank of Khyber took this initiative to provide soft loan to the potential youth of the province. The Bank of Khyber is providing financial assistance, while the provincial government is taking the management of this program. The loan has to be payback in three years time.