The Khyber Pakhtunkhwa Government announced the Interest-Free Loan scheme for the provincial Government employees. The employees can get loans for the cards, House Building, motorcycles, and cycles. Thus, eligible KPK government employees will apply for the loan through their concerned Departments. The government has mentioned the loan limit and dedication rate of the loan from the monthly salaries for all categories. So, you can check the loan details for which category you want to apply for the loan. However, the last date for the KPK Interest-Free Loan is 30 November 2022.
KPK Loan Scheme Catagories and Rates
KPK Government employees can apply for interest-free loans for different things such as Cards, Motorscyckes, cycles, and House building. So, each category has different loan rates that are mentioned below.
| Loan Type/Category | Loan Limit | Per month Deduction | Required conditions |
| Motor Car (BPS 17 or above) | Rs 200,000/- | Rs 3,334/- (60 monthly installments) | Min. 05-year service & max. 55-year-old (age) |
| House Building (BPS 01-17) | RS 250,000/- | Rs 2080/- (60 monthly installments) | Min. 10-year service & max. 50- year old (age) |
| Motor Cycle (BPS 01-17) | Rs 80,000/- | Rs 1340/- (60 monthly installments) | Min. 05-year service & max. 55-year old (age) |
| Cycle (BPS 01-17) | Rs 8,000/- | Rs 100/- (40 monthly installments) | Nil |
Terms and Conditions for KPK Interest-Free Loan 2022
- Applicants must be government employees of the KPK.
- Employees can apply for the loan only for one category. The government will not consider applications applied for more than one category.
- Concerned DDO ensures that the employees are not getting only other loans already.
- Applicants must attach a DDO certificate with the application form.
- The deputy Commissioners of all districts will receive, enter, and review the applications of their concerned district employees. However, the concerned provincial offices/department will be responsible for the Attached Departments.
How to Apply for the KPK Interest-Free Loan 2022
- Visit the BFKP website to download the application for the KPK Interest-Free Loan 2022 OR Click the link. (https://drive.google.com/file/d/18mhYOU8jsx7QYJfXOGLMM8LpbbnZ1cBP/view)
- Complete the form and submit it to the concerned Departments with the required documents.
- Last date: 30 November 2022
