Kamyab Pakistan Program is an opportunity for those who want to do something but can’t because of financial problems. under the program, Government will provide loans to youngsters, women, and farmers.
The program was first launched in Khyber Pakhtunkhwa and Balochistan and after a successful experiment has now been introduced across Pakistan to provide interest-free loans nationwide. This is a complete guide about What is Kamyab Pakistan Program KPP, who and how to apply for this online.
What is Kamyab Pakistan Program KPP?
There are five elements of the Kamyab Pakistan Program KPP including Naya Pakistan low-cost housing, Kamyab Karobar, and Kamyab Kissan that provide microloans to deserving people. While the other two are Kamyab Hunarmand and Sehatmand Pakistan are only focused on health and skill development programs to empower youth.
Kamyab Pakistan Program KPP is an initiative by the prime minister of Pakistan Imran Khan aimed to provide interest-free loans to construct houses, invest in small businesses or learn technical skills, etc.
At the launching of the Kamyab Pakistan Program, Shaukat Tarin, Federal Minister for Finance said that this was a great initiative toward making Pakistan a welfare state based on Riyasat-e-Madina a dream by PM Imran Khan.
Under this program, interest-free loans of Rs.1000 billion will be disbursed to 4.5 million deserving families during the next two years. These interest-free microloans will be given to eligible persons who are registered with Ehsaas Data.
The government will provide Rs 2 million under Naya Pakistan low-cost housing for the construction of houses and Rs 0.5 million under Kamyab Karobar for families living in urban areas to start small businesses. while Rs 0.3 million under Kamyab Kissan are allocated for those who are living in rural areas to spend money on agricultural land.
PM Imran Khan said that around Rs 2.5 billion had been distributed to low-income families in various welfare schemes while the banks had also given Rs 55 billion under the housing projects.
Now the question is, Now the question is how you can get a loan through Kamyab Pakistan Program? To get a loan Kamyab Pakistan Program, you need to know your eligibility.
Eligibility Criteria
If you want to get a loan through the Kamyab Pakistan program, it is very important for you to know whether you are eligible for the program or not. If you are not eligible, you can’t get a loan.
To find out about your eligibility, All you need to do is to send your CNIC to 5771, they will check your identity and eligibility by collecting your data through KPIS including your bank details, property details, income details, etc. Kamyab Pakistan information system (KPIS) is a user-friendly portal that is integrated with Nadra and Ehsaas databases for verification of beneficiary’s eligibility to facilitate the executing agencies.
After 4 to 6 weeks, they will send you a message about your eligibility. If you are eligible for the Kamyab Pakistan Program, you should apply online for the loan. Following are the conditions that you must have before applying online.
- The applicant must be a resident of Pakistan
- Applicant must have a valid CNIC.
- The cumulative average monthly income of the applicant should be less than PKR 50,000.
- Applicant must be registered with Ehsass / BISP NSER up to a PMT score of 49. However, exceptions are allowed for NAPHDA T-1 applicants.
- In the case of a T-1 housing loan, the applicant should be certified by NAPHDA through NADRA.
- There is no age limit to applying for the program.
How to Apply For Kamyab Pakistan Program?
After checking the eligibility, the question is how to apply for the Kamyab Pakistan program. It’s very simple but a little long. So the best and easiest way to guide you is a video tutorial. Following is the tutorial video, watch this it will help you to apply online, and here is the Link that will take you to the form.
Conclusion
It’s all about the Kamyab Pakistan Program and how you can apply for the loan. I hope this article will be helpful for you, be sure to share it with your friends and stay connected to learn more details about the Kamyab Pakistan Program.