The Government of Pakistan has introduced the Ehsaas Loan Program 2024 as a part of its continued efforts to uplift the underprivileged. Development of the Ehsaas Program and BISP Government of Pakistan has announced the Ehsaas Loan Program 2024. It works for underprivileged students and underprivileged areas by providing interest-free loans. Ehsaas Scholarship Program Prime Minister Mia Shehbaz Sharif has launched an interest-free loan initiative through PPAF. It disburses Rs 8,000 per month with the help of 1,110 loan centres.
Break the chains of poverty by registering with PM-free loan schemes. Whether you want to start a new business or are facing a financial crisis in your studies, register online for the Ehsaas Loan program. Over here. Here you will get an online registration form for 2024. You can repay the loan as soon as 3 years.
Ehsaas Loan Program 2024
Launched by Prime Minister Shehbaz Sharif, the Ehsaas Loan Program aims to provide financial relief to marginalized communities across Pakistan. Are you a student looking for financial support or an unemployed citizen working hard to make ends meet? A woman who wants to be independent in society? If so, the Ehsaas loan program is designed to help with all these concerns. It was launched in March 2020 as part of the expansion Ehsaas program By Prime Minister Imran Khan.
Eligibility criteria must be followed to register for interest-free loans. Citizens of Pakistan aged 18-60 come with a poverty score of 0-40 on the criteria. Register for the Ehsaaspur program by visiting your nearest Ehsaaspur centre. It mainly focuses on unemployed people looking to start up, qualified students, transitioning people, and women.
Key Features of Ehsaas Loan Program 2024
Feature | Details |
---|---|
Loan Amount | Rs. 2,000 to Rs. 500,000 |
Repayment Period | Up to 3 years |
Interest Rate | 0% (Interest-Free Loan) |
Target Audience | Students, Women, Unemployed Citizens |
Eligibility Criteria | Poverty score of 0-40, Age 18-60, Valid CNIC |
Registration Process | Online, Ehsaaspur Centers, Ehsaaspur App, 8171 Portal |
Partners | 22 organizations including PPAF and Akhuwat |
Eligibility Criteria for Ehsaas Loan Program
The Ehsaas Loan program provides great relief to workers, students, women, especially the disabled and women earning less than 40,000. It provides interest-free loans from PKR 2000 to PKR 200000. Beneficiaries can use this money for startup and repay the loan in easy instalments over 3 years. Follow the eligibility criteria and register yourself for this program today.
The following candidates are eligible for interest-free loans.
- A person earning less than Rs.4000
- A specially qualified person
- Transgenders
- Eligible students
- start
- Poverty score 0-40
- Age 18-60
- Pakistani citizens with valid CNIC
- Ehsaas Loan Program reserves 50% of its loans for female applicants.
Those who meet the above criteria can apply for the Ehsaaspur program for the year 2024. 5 lakh loans have been earmarked to support small businesses across Pakistan. If your registration request goes through all the steps correctly, you will receive a confirmation letter within 2-4 weeks.
How to Apply for Ehsaas Loan Program 2024?
The Ehsaas Loan Program offers multiple ways to register for interest-free loans. The federal government of Pakistan has allocated funds of five billion rupees to provide low-interest loans to the needy people of Pakistan. These loans are provided in cooperation with 22 partner groups in the regions of Pakistan. The application procedures for the Ehsaaspur program are as follows.
1. Ehsaaspur App
Applicants can register through the Ehsaaspur App, a digital tool that simplifies the registration process. The app requires basic information such as the applicant’s CNIC number, name, and family details.
2. Ehsaaspur Centers
You can visit the nearest Ehsaaspur centre for assistance in filling out the registration forms. These centres are located in various districts across Pakistan.
3. 8171 Web Portal
The official 8171 portal allows applicants to register by entering their CNIC number. The registration process is straightforward and requires minimal documentation.
4. PPAF Website
You can also visit the Pakistan Poverty Alleviation Fund (PPAF) website for further instructions and to complete the registration.
Loan Centers Across Pakistan
1,100 loan centres have been set up in 147 districts across the country providing loans ranging from Rs 10,000 to Rs 500,000. These partner organizations like Pakistan Poverty Alleviation Fund (PPAF) and Akhut play a major role in the implementation of this programme.
Partner Organizations and Banks
- Fraternal Foundation (AF)
- Awami Development Organization (ADO)
- And Pakistan
- CSC Empowerment and Inclusion Program (CEIP)
- Environmental Protection Society (EPS)
- Farmers Development Organization (FDO)
- FFO Support Program (FFOSP)
- Ghazi Barota Development Directorate (GBTI)
- Health and Nutrition Development Association (HANDS)
- Authorized Foundation (MF)
- National Rural Support Program (NRSP)
- Organization of Poverty Reduction and Community Training Program (OPRCTP).
- Punjab Rural Support Program (PRSP)
- Rural Community Development Program (RCDP)
- SAFCO Support Foundation (SSF)
- Sustainable Development, Education, Rural Infrastructure, Veterinary Care and Environment (SERVE)
- Sia Microfinance Corporation (SMC)
- Sindh Rural Support Program (SRSO)
- Tardip Rural Development Program (TRDP)
- RCDP
- poison
- Initiative for Development and Empowerment Axis (IDEA)
- Center of Excellence for Rural Development (CERD)
- House of Sisters (KK)
- Balochistan Rural Development Society (BRDS)
- Participatory Integrated Development Society (PIDS)
Banks celebrate with Ehsaas loan program
Ehsaaspur program has formed partnerships with several mutual banks in collaboration with the government. These partnerships include prominent financial institutions such as the National Bank of Pakistan (NBP), Khushali Microfinance Bank, and United Bank Limited (UBL). Below is the detailed list,
- National Bank of Pakistan (NBP)
- Women’s First Bank Limited
- Khushali Small Loan Bank
- D. SME Bank Limited
- Punjab Bank
- Zaira Ter Qiyati Bank Limited (ZTBL)
- Habib Metropolitan Bank
- United Bank Limited (UBL)
- D. MCB Bank Limited
- Faisal Bank Limited
FAQs
Q: Who is eligible for the Ehsaas Loan Program?
A: It includes individuals ranging from 18-60 years with a poverty score of 0-40. Students, unemployed, women, transgenders, and even disabled people are eligible under the program.
Q: Will this loan take interest?
A: The loan offered by the Ehsaas Loan Program is 100% interest-free.
Q: How many years will it take to pay back the loan?
A: Three years in which a loan can be repaid.
Q: Which application can be applied for the loan?
A: You can download the Ehsaaspur App, Visit your nearest Ehsaaspur centre Or apply through the 8171 portal.
Q: What amount should a person get from this loan?
A: The amount is between Rs. 2,000 and Rs. 500,000 depending upon the need and your eligibility.
Conclusion
The Ehsaas Loan Program 2024 is a game-changer for those struggling financially, offering interest-free loans to help start businesses, support education, and empower women. The government of Pakistan has launched a 75000-500000 interest-free loan scheme for Pakistani students and needy people. It gives you 3 years for easy instalments. You can easily build a business and support your family.
To register online for Ehsaas 75000 pkr you can visit the loan center or ppaf.org.pk for 204 years. This sense of youth debt has the potential to uplift individuals, families and communities.