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Ehsaas Interest-Free Loan Program | Registration Online Apply 2023

Last Updated on January 31, 2024 by Ayesha Khan

Ehsaas Interest-Free Loan Program is a revolutionary initiative by the Government of Pakistan to provide financial aid to citizens in need. The scheme provides interest-free loans to the poor and those facing economic challenges and enables them to improve their standard of living. This program aims to alleviate poverty, promote economic stability and ensure financial inclusion for citizens from all walks of life. It has been designed with an emphasis on providing access to finance while ensuring fiscal discipline, transparency, and accountability.

The Ehsaas Interest-Free Loan Program is a government initiative launched in Pakistan in 2020 to provide financial assistance to small businesses and entrepreneurs affected by the COVID-19 pandemic. The program aims to provide interest-free loans to help individuals start or expand their businesses and create employment opportunities.

Under the program, eligible individuals can apply for a loan of up to PKR 100,000 to be repaid in one year, without any interest. The loans are distributed through a transparent and computerized system to ensure that the funds reach deserving individuals.

To be eligible for the loan, individuals must be between the ages of 18 and 65, with a valid national identity card, and have a viable business plan. The program also prioritizes women, special persons, and individuals from marginalized communities.

The Ehsaas Interest-Free Loan Program is part of the government’s Ehsaas program, which aims to reduce poverty and provide financial help to families in society.

Ehsaas Interest Free Loan Program

Ehsaas loan 75000 online registration

Ehsaas Loan Program is a government initiative in Pakistan to provide financial assistance to low-income families who have been affected by the COVID-19 pandemic. The loan amount is up to PKR 75,000 and the repayment period is one year.

To apply for the Ehsaas loan, you can follow the steps given below:

  1. Visit the Ehsaas loan program website at https://www.ppaf.org.pk/NPGI
  2. Click on the “Apply Now” button.
  3. Fill out the registration form with your personal and financial information.
  4. Submit the form and wait for a confirmation message on your mobile phone.
  5. Once you receive the confirmation message, you can proceed to the next step to complete the application process.

Please note that to be eligible for the Ehsaas loan, you must meet the following criteria:

  1. You must be a Pakistani citizen with a valid national identity card (CNIC).
  2. You must be between 18 and 65 years of age.
  3. You must have a monthly income of less than PKR 30,000.
  4. You must not be a government employee or a pensioner.
  5. You must not be a recipient of any other government financial assistance program.

https://www.ppaf.org.pk/NPGI

Ehsaas Load Eligibility Criteria

To be eligible for the Ehsaas Interest-Free Loan Program in Pakistan, applicants must meet the following criteria:

  1. Must be a Pakistani citizen with a valid national identity card (CNIC).
  2. Must be above the age of 18
  3. Must have a viable business plan that demonstrates the ability to repay the loan within one year.
  4. Must have a household income of less than PKR 50,000 per month.
  5. Must not be a defaulter of any bank or financial institution.
  6. Must not have received any interest-free loan under any government scheme in the past.
  7. Priority will be given to women, special persons, and individuals from marginalized communities.

It’s important to note that meeting the eligibility criteria does not guarantee loan approval. The loans are distributed through a transparent and computerized system to ensure that the funds reach deserving individuals.

Ehsaas Loan Application Process

The process to apply for the Ehsaas Interest-Free Loan Program in Pakistan is as follows:

  1. Check eligibility: Before applying, check the eligibility criteria to make sure you meet the requirements.
  2. Apply: You can apply for the loan online by visiting the Ehsaas website or by visiting the Ehsaas centers set up in various cities. You will need to provide your personal information, business details, and other relevant information.
  3. Verification: Once the application is submitted, your information will be verified by the Ehsaas team to confirm your eligibility.
  4. Approval: If your application is approved, you will be notified by the Ehsaas team.
  5. Disbursement: Once approved, the loan amount will be disbursed through a transparent and computerized system directly to the applicant’s bank account.
  6. Repayment: The loan must be repaid within one year without any interest. The repayment schedule will be communicated to the applicant at the time of loan disbursement.

It’s important to note that the loan disbursement and repayment process is closely monitored by the Ehsaas team to ensure that the funds are used for the intended purpose and are repaid on time.

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