Are you struggling to find a job and wondering how to earn a good source of income by starting your business in today’s job market? Before starting a business, many people struggle with one main factor, which is money for investment, so if you are one of those who are in search of financial support, then consider the Ehsaas loan program 75000 an opportunity for you.
This program, as its name implies, was designed and launched to sort out the financial issues of the people who are in need of financial support, especially to start a business. Ehsaas loan program 75000 solely targets low-segment areas of Pakistan who lack financial support to start their own businesses, so if this is you and you prefer to avail of this offer, then don’t miss out on the information given below, which won’t only provide you ways of registering for this program but will check whether you are eligible for this program or not.
Ehsaas Loan Program 75000
Ehsaas loan program is also well known for “Ehsaas loan program 75000.” This was launched to provide financial assistance to low-income segments of the country. The Ehsaas loan program provides relief to employees who are earning below the Rs. 40,000 monthly income. This program also helps the women and widows to get independent in society by starting and running their own businesses. This program is supervised by one of the government institutes named “Pakistan Poverty Alleviation Fund.” The starting amount of the loan is Rs. 75,000.
How much money does the Ehsaas Loan Program 75000 give?
The Ehsaas Loan Program 75000 provides loans from the range of Rs. 75000 to Rs. 500,000. The Ehsaas Loan Program 75000 is given without any interest rate.
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Background of the Ehsaas Loan Program:
Ehsaas loan program was introduced for people who were struggling to cover their expenses and to gain the basic necessities of life; hence, the government of Pakistan decided to launch this program to provide financial aid to the deserving people. With the help of this program, one can obtain a Rs. 2000 to Rs. 2,00,000 loan without interest (if found eligible). The deserving one can return this financial aid (interest-free) in 3 years of easy installments.
Ehsaas Loan Program Eligibility:
Before jumping to the registration process, one should check their eligibility for this program, as this program targets only the low-income segments; hence, it’s not applicable for everyone. To find out whether you are eligible for this criteria or not, find out the information given below.
- Age should be between 18 and 60 years.
- You must have a useful business plan.
- Must have an up-to-date CNIC card.
- NSRP (poverty score) should range from 0 to 40.
- Applicants owning a valid police clearance certificate.
- Applicants earning a very low income.
- Individuals are not government employee.
How to check Ehsaas loan program eligibility criteria online?
If you are encountering doubts about whether you fall in the eligibility criteria or ineligibility criteria, then here’s a quick and easy method that you can utilize to check your eligibility to obtain a loan from the Ehsaas program 75000.
Step 1: Visit the Ehsaas program web portal.
Step 2: Enter your CNIC number in the required area.
Step 3: then enter the code numbers in the given box.
Step 4: Lastly, click on the given button.
By following the given procedure, you will gain information about your eligibility for the Ehsaas Loan Program 75000 in just a minute. Once you have met the criteria, consider registering yourself for the Ehsaas Loan Program registration 75000.
Ehsaas Loan Program Registration:
After checking your eligibility, you can obtain the loan by registering for this program. The government of Pakistan has made the registration process easy for every individual so they can access the loan smoothly. If you lack the information on this process, then you probably don’t want to miss out on the given information, which would provide you with a step-by-step procedure for the registration process.
Step 1: Visit the nearest loan center and submit your application.
Step 2: Then show your poverty score to verify your application.
Step 3: Then submit your application form along with your business plan.
Step 4: Lastly, submit all the required documents.
Ehsaas Loan Program Online Apply:
You can only register yourself for ehsaas Loan program by visiting the physical centers allocated to supervise this program.
Pakistan Poverty Alleviation Fund-PPAF loan application form guide:
To make this process smooth out for you, we are providing you with a guide on the Pakistan Poverty Alleviation Fund (PPAF). To obtain any sort of information about this program, you first have to visit the website, hence:
- Visit the PPAF website.
- Now click on “Interest free loans” from the bar given at the top of the page.
- On the right side, you will be seeing a lot of options.
- From them, firstly select the language option from “Urdu or English.”
- Then you can choose any of the given options to select the desired information.
Ehsaas Loan Program Business Scheme:
If you have a business idea and want to see if it would be useful, then check out the given information.
- Financial Resources
- Solid marketing strategy
- Business expenses
- Reason for business
- Estimation of profit.
- Targets of production and sales
- Have basic information about the business that is being initiated.
If your business plan meets the following criteria, then you would be able to obtain the loan from this scheme.
Features of the Ehsaas Loan Program:
The Ehsaas Loan program covers a very wide area of the country, and there are a lot of sectors that support this program, including:
- Ehsaas loan program is supported by both the federal and the state.
- Only individuals with poverty scores under 0-40 can obtain this loan.
- This program has reserves of 50% of the loan for eligible women and 50% for eligible men.
- In the low-income sector, several groups are prioritizing inducing disabled people, women, transgender people, and women.
- Several 1100 credit centers have opened around the country that provide the facility of provision of loans.
Targeted areas of the Ehsaas Loan Program:
Ehsaas loan program targets a specific segment of the country; hence, not every individual is deserving of this financial aid. Check the given list to find out whether or not you are one of the deserving ones.
- Individuals planning for a startup
- Women
- Deserving students
- Transgender individuals
- Specially-abled individuals
- Individuals with low income (income below Rs. 4000)
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Ehsaas Interest-Free Loan Program 5 lakh Loan Update:
Eligible and deserving individuals for this criteria can now obtain loans up to Rs. 5 lakh. This loan is given to the individuals at 0% markup rate. If any individual obtains a loan over Rs. 500,000, then a 5% interest rate will be applied, and the interest amount increases with the loan amount you obtain. Hence, stay mindful of this when considering a larger amount of loan from this program.
Ehsaas loan program centers:
If you are in search of your nearest ehsaas loan centers and couldn’t find a source for this, then stay at ease as you don’t have to visit institute after institute to obtain the desired information as you can now find all the ehsaas loan program centers on a PPAF website within just a minute.
How do I check the status on their ehsaas loan 2024?
There isn’t any availability to check your loan approval status for Ehsaas loan program, although you can follow these easy steps to gain updates on your loan approval status:
- Visit the nearest Ehsaas loan center.
- Fill out the forum.
- Submit the required document.
- Lastly, tell the officer about your loan application.
- By doing so, you will receive the updated status on your loan application.
List of the Ehsaas loan program partners:
Here’s the list of the ehsaas loan program partners:
- SERVE (Sustainable Development, Education, Rural Infrastructure, Veterinary Care & Environment)
- RCDP (Rural Community Development Program)
- HANDS (Health & Nutrition Development Society)
- GBTI (Ghazi Barotha Taraqiati Idara)
- PRSP (Punjab Rural Support Program)
- AF (Akhuwat Foundation)
- SMC (Sayya Microfinance Company)
- CEIP (CSC Empowerment & Inclusion Program)
- PIDS (Participatory Integrated Development Society)
- ADO (Awami Development Organization)
- FDO (Farmers Development Organization)
- NRSP (National Rural Support Program)
- MF (Mojaz Foundation)
- TRDP (Thardeep Rural Development Program)
- SSF (SAFCO Support Foundation)
- EPS (Environmental Protection Society)
- FOSP (FFO Support Program)
- SRSO (Sindh Rural Support Program)
- OPRCTP (Organization for Poverty Reduction & Community Training Program)
- BRDS (Balochistan Rural Development Society)
- IDEA (Initiative for Development & Empowerment Axis)
- LASOONA
- CERD (Center of Excellence for Rural Development)
- AGAHE Pakistan
- KK (Khwendo Kor)
Receiving of Ehsaas Loan Payment 75000:
Stay mindful that not every bank is in collaboration with this program; hence, be careful while cashing out your payment. You can use any of the banks listed below to cash out your payment:
- United Bank Limited (UBL)
- MCB Bank Limited
- The Bank of Punjab
- Habib Metropolitan Bank
- SME Bank Limited
- First Women Bank Limited
- National Bank of Pakistan (NBP)
- Khushhali Microfinance Bank
- Zarai Taraqiati Bank Limited (ZTBL)
- Faysal Bank Limited
Ehsaas Loan Program 2024 Helpline:
In case of any sort of issue or in need of guidance, you can contact the ehsaas program helpline using the following contact number:.
Ehsaas loan program helpline information:
Frequently Asked Questions
Can I apply for Ehsaas loan program online?
No, there isn’t any availability to apply for this program or to check the status.
Is there any hidden charge that applies to the loan amount ?
The Ehsaas loan program provides loans free of interest and free of any hidden charges.
Can students apply for Ehsaas loan program?
Yes, students can apply for Ehsaas loan program if they are planning to start their own business.
Conclusion
For those from low-income sectors, the Ehsaas Loan Program 75000 presents a special chance to launch their businesses with financial assistance. Whether you are a widow, a young business owner, or someone who is having financial difficulties, the goal of this program is to offer interest-free loans with adjustable payback schedules. Through its emphasis on strengthening underprivileged communities, including women and people with disabilities, among others, the Ehsaas Loan Program creates opportunities for both economic growth and financial independence. Should you fulfill the necessary requirements, this could serve as a first step in achieving improved financial stability.
