Prime Minister’s Qarz e Hasna (Interest Free Loan) Scheme 2019-20 Complete Details Application Form
Prime Minister Nawaz Sharif has inaugurate Prime Minister’s Qarz e Hasna (Interest free loan)scheme today in Haripur, KPK. One million interest free loans will be disbursed through this scheme in the next four years. No mark up will be received on the loans disbursed under PM Qarze Hasna scheme. 250000 small loans up to 50000 rupees will be distributed every year among the poor people without any interest. Fifty percent interest free loans will be given to women.
Form will be available soon free of cost and no processing fee will be charged at all from loan seekers. Quota of each province will be set as per NFC award. Although its a nationwide scheme but still loan seekers belonging to underdeveloped areas will be preferred. We suggest that all those candidates who are learning any skill under Prime Minister’s skill development scheme should also be given interest free loans under this scheme for starting small businesses.
Eligibility Criteria For PM Micro Finance Program
There is no age limit or condition about minimum education for PM Qarz e Hasna scheme. All the loans will be disbursed on merit basis. All poor men and women who will have poverty score up to forty can apply under this program.
Application Forms of Prime Minister’s Qarz e Hasna (Interest free loan) Scheme
I personally called on 0800-77000 for inquiring that from where application forms can be obtained and where to submit the forms. I was informed that government is going to establish 250 centers to facilitate the loan seekers in this regard and soon the list of centers will be published in newspapers. We shall also upload the list on this page immediately after the official announcement.
PPAF will monitor the scheme as central executing agency and we guess that its partners organizations will establish the loan disbursement centers.
Prime Minister Qarz e Hasna Scheme Complete Details, Forms
Contact Details For All Prime Minster’s Schemes
For further details visit youth.pmo.gov.pk/ or call on helpline number 0800-77000 or send sms to 80028. As i have told you that i personally made a call on this number so i can assure you that it is working and you can get information about all PM schemes through this help line. You can also read the details in the newspaper ad cutting below this post. You may also like our posts “CM Punjab yellow cab scheme 2019-20 form, schedule & eligibility“,” Prime Minister’s fee reimbursement (Scholarship) scheme” and “Akhuwat- Pioneer of interest free loans in Pakistan“. Stay in touch with us for latest alerts about all Prime Minister’s youth schemes.