The Pakistan Government has launched a new program called the Ehsaas Loan Program 2024 to help poor students and people in areas with fewer resources. This program gives loans without any interest, just like the Ehsaas Scholarship Program. Prime Minister Shahbaz Sharif started this initiative with the help of PPAF. Every month, eligible people can receive 8000 rupees, and there are 1,110 loan centers across the country to assist them.
Escape poverty by signing up for PM's interest-free loan programs. Whether you're starting a business or struggling with education costs, apply for the Ehsaas Loan Program online. You'll find the 2024 registration form here. Plus, you'll have three years to pay back the loan.
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Ehsaas Loan Program 2024
Are you a student who needs money for school or someone who doesn't have a job and struggles to pay bills? Maybe you're a woman who wants to be more independent. If any of these describe you, then the Ehsaas Loan Program can help. It started in March 2020 as part of a bigger plan called the Ehsaas Program, led by Prime Minister Imran Khan.
To sign up for Ehsas interest-free loans, you must meet certain requirements. You need to be between 18 and 60 years old and have a poverty score between 0 and 40. You can register for the Ehsaas Loan program at your nearest Ehsaas loan center. This program is mainly for people who are jobless and want to start their own businesses, students who need help, transgender individuals, and women.
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Ehsaas Loan Program Registration
The Ehsaas Loan Program helps many people like workers who earn less than forty thousand, students, women, those with disabilities, and transgender individuals. It offers loans ranging from 2000 PKR to 200000 PKR with no interest. People who get the loan can use it to start a business and pay it back in small amounts over three years. If you qualify, you can sign up for this program today.
These people can get Ehsaas loans without paying any extra money.
- A person with below 4000 rupees income
- Specially abled person
- Transgenders
- Deserving students
- Startups
- Poverty Score 0-40
- Age 18-60
- Pakistani citizens holding a valid CNIC
- The Ehsaas Loan Program reserves 50% of its loans for female candidates.
If you meet the requirements mentioned, you can apply for the Ehsaas Loan Program for 2024. The program gives a loan of 500,000 rupees to help small businesses in Pakistan. If your application goes well, you'll get a letter confirming it within 2-4 weeks.
The government of Pakistan has set aside 5 Billion rupees to give interest-free loans to poor people in Pakistan. These loans are given with the help of 22 different groups working in Pakistan. Here are the ways you can apply for the Ehsaas Loan Program.
Ehsaas Loan APP is a well-known digital tool for registering for interest-free loans. It gives an easy-to-use interface. Here you will find the section on entering CNIC. Your request will be processed upon giving the required data, and you will be all done.
- Visit the official website of the Pakistan Poverty Alleviation Fund and follow the simple steps of filling out the registration forms. It may require personal information like your name, CNIC, and family members.
- o register, you can visit the nearest Ehsaas Loan Center, dedicated to helping and guiding common citizens.
- Lastly, use the 8171 web portal, which only requires entering a 13-digit CNIC number.
Ehsaas Loan Program and Partners
There are 1,100 Loan Centers all over the country. They want to give loans from Rs 10,000 to Rs 500,000 in 147 districts. Groups like the Pakistan Poverty Alleviation Fund (PPAF) and Akhuwat help a lot in making this happen.
List of PPAF Partner Organizations
- Akhuwat Foundation (AF)
- Awami Development Organization (ADO)
- AGHAHE Pakistan
- CSC Empowerment & Inclusion Program (CEIP)
- Environmental Protection Society (EPS)
- Farmers Development Organization (FDO)
- FFO Support Program (FFOSP)
- Ghazi Barotha Taraqiati Idara (GBTI)
- Health & Nutrition Development Society (HANDS)
- Mojaz Foundation (MF)
- National Rural Support Program (NRSP)
- Organization for Poverty Reduction & 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 & Environment (SERVE)
- Sayya Microfinance Company (SMC)
- Sindh Rural Support Program (SRSO)
- Thardeep Rural Development Program (TRDP)
- RCDP
- LASOONA
- Initiative for Development & Empowerment Axis (IDEA)
- Center of Excellence for Rural Development (CERD)
- Khwendo Kor (KK)
- Balochistan Rural Development Society (BRDS)
- Participatory Integrated Development Society (PIDS)
Ehsaas Loan Program and Banks
The Ehsaas Loan Program works with different banks and the government. These banks include big ones like the National Bank of Pakistan (NBP), Khushhali Microfinance Bank, and United Bank Limited (UBL). Here's the list:
- National Bank of Pakistan (NBP)
- First Women Bank Limited
- Khushhali Microfinance Bank
- SME Bank Limited
- The Bank of Punjab
- Zarai Taraqiati Bank Limited (ZTBL)
- Habib Metropolitan Bank
- United Bank Limited (UBL)
- MCB Bank Limited
- Faysal Bank Limited
Ehsaas Loan Program Helpline
If you need any guidance and need help, you can contact the helpline using the following details: Helpline Contact Information Phone: +92 (51) 8439450 – 79 Fax No.: (+92-51) 2234343-79 Email: info@ppaf.org.pk
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