Insaf Rozgar Scheme KPK 2024 Application Form Eligibility Criteria

CM Khyber Pakhtunkhwa Mahmood Khan will inaugurate the Insaaf Rozgar Scheme for help end unemployment and poverty in the terrorism affected areas of the Khyber Pakhtunkhwa province. The loans will help youth from the merged districts in establishing own businesses, thereby not only providing them with a sustainable means of livelihood but also stirring economic activities which will help generate employment for people. An official handout said the chief minister provided the letters to youth from different tribal districts, including Kurram, Bajaur, Dara Adamkhel, Khyber and Frontier Region Kohat. In this page we share all the information of Insaf Rozgar Scheme 2024 like Eligibility Criteria, Application Form, Deadline of submission application form and more updates provided on here.

Insaf Rozgar Scheme Online Apply

Chief Minister Khyber Pakhtunkhwa Mahmood Khan will inaugurate the ‘Insaaf Rozgar Scheme’ on April 15 to help end unemployment and poverty in the terrorism affected areas of the province. Under this scheme, Insaf Rozgar Scheme KPK 2024 Application Form Eligibility Criteria the skilled and degree holding unemployed people in the age group of 18 to 50 years would get interest free loans from Rs 50,000 to Rs 1 million.

Insaf Rozgar Scheme KPK 2020 Last Date

Technical handed people would get Rs 50,000 to Rs 500,000 whereas others would get Rs 50,000 to Rs 300,000. All the individuals who are either jobless or need assistance in their business expansion are eligible for the loan to pursue the workable and achievable goals.

Insaf Rozgar Scheme KPK 2024 Application Form Eligibility Criteria

kpk Interest Free Loan Scheme 2024

Insaf Rozgar Scheme Application Form 2024

The sanction letters were also provided to female youth from the tribal districts who intend to initiate businesses. The youth had submitted applications for initiating businesses such as general stores, solar and battery shops, cosmetics, cloth business, establishing photostat shops, shoe shops, utensil shops, cold beverages, honey business, tailor shops, mobile repairing, stationery and sports shops.

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Eligibility for the Scheme:

• Applicant must be permanent resident of newly merged districts including erstwhile frontier regions of Khyber Pakhtunkhwa.
• Age Limit 18-50 years.
• Applicant shall be resident on the provided address since last two years. (This condition does not apply to temporary displace persons).
• All the inficiduals who are either jobless or need assistance in their business expansion are eligible for the loan to pursue the workable and achievable goals.
• The applicant should neither be a servant of any government or semi government organization nor receiving education as regular students in any educational institution.
• The applicant should not be a defaulter or has remained a defaulter of any Bank/Financial Institution.
• Applicant has not received any loan under any govt scheme previously.
• Applications will be dealt on First Come First Serve Basis.

Loan Limit:

Professional and degree holder:

• 50,000 to 1000,000

Technical expert:

• 50,000 to 500,000

Other unemployed wishing to start or expand the present business:

• 50,000 to 300,000

Repayment Period:

• Maximum 3 years.

Guarantor:

• 2 persons are required as guarantor.

Criteria of Guarantor:

• Minimum 1 guarantor should be permanent employee of Federal/Provincial Govt.
• People of professional repute like Doctor, Engineers, Principals/Vice Principals.
• Members of Chamber of Commerce and Commercial Associations.
• Guarantor should not be from any Bank, Financial Institution.
• No Guarantor can guarantee more than 2 loans.