KPK Loan Program 2023-24 (KPK Benevolent Fund) - Application Form Www.bfkp.org

The KPK Government Loan Scheme 2023-24, Benevolent Fund KPK has been launched this year, a no-interest loan scheme specifically tailored for KPK Government employees. This loan scheme initiative purpose is to facilitate employees in acquiring assets like Cycles, Motorcycles, Cars, and Houses.

Prospective candidates are urged to apply singularly for their chosen scheme, as multiple applications for various items or purposes won’t be entertained. Verification by the respective DDO of the district is mandatory to ascertain the applicant’s non-default status in prior schemes of the government.

The KPK interest-free loan allocation will be determined via a draw process. For those interested, the application form and a surety certificate can be downloaded from the Benevolent Fund KPK website @ www.bfkp.org. The deadline for submission is January 10, 2024

Benevolent Fund government KPK Loan Scheme 2023-24 Application Form

Are you an employee of the KPK government seeking financial assistance? The KPK loan scheme 2023-24 is now open for applications. Access the application form and surety certificate via the official Benevolent Fund KPK website at www.bfkp.org.
The deadline for submission of applications is January 10, 2024. Don’t miss this golden opportunity
To make it even more convenient, the application forms are also accessible on the Benevolent Fund’s KPK official Facebook page.
Ensure to attach the DDO certificate along with application forms. Applications from employees of specific districts will be managed by their respective Deputy Commissioners and departments
Remember, the Provincial Benevolent Fund Board will not directly accept applications from employees. Therefore don’t send application forms directly to the benevolent fund office
Any submissions after the deadline will not be considered.
For application submission, mailing address is:
Secretary, Provincial Benevolent Fund, Room Number 157, Benevolent Fund Building, Saddar Road, Peshawar Cantt, Peshawar.

Terms and Conditions for KPK govt loan Scheme Benevolent Fund 2023/2024

Motor Car loan
a. Eligibility criteria: BPS-17 & above
b. Loan limit: Rs. 200k
c. Monthly deduction: Rs. 3334/- (for 60 months)
d. Min 05 year service and max age 55 years
House building loan
a. Eligibility criteria: BPS- 1-17
b. Loan limit: Rs 250k/-
c. Monthly deduction: Rs. 2080 ( for 120 months)
d. Min 10 year service and max age limit 50 years
Motorcycle loan
a. Eligibility criteria: BPS-1-17
b. Loan limit: Rs. 80k/-
c. Monthly deduction: Rs. 1340 ( for 60 months)
d. Min 5 year service & max age limit 55 years
Cycle loan
a. Eligibility criteria: BPS-01 – 17
b. Loan limit: Rs. 8k
c. Monthly deduction: Rs. 100 (for 40 months)
d. No condition of age limit or service time