New Govt Loan Scheme Open | Govt Scheme

Courtesy of Al Khidmat Foundation:

Al-Khidmat Foundation's loan program was introduced with the aim of providing interest-free loans to the poor and indigent. In this way, they can get help to start a small business, earn income and improve their standard of living. Al-Khidmat Muwakhat program is a huge step taken by the government to improve the lives of people who meet their needs.

It is hoped that this dedicated program will prove beneficial to financially unstable people, who are looking for an opportunity to earn decently. The program is mostly based on Islamic terms and conditions and the principle of Qard Hasana which provides interest-free loans to hardworking people. Everyone deserves a livelihood who has the skills to earn and support their family. They are offering loan amount from PKR 20,000 to PKR 50,000. Let's discuss the eligibility criteria, application submission process, objectives, and list of eligible cities for Al Khidmat Foundation loan.

Objectives

Providing interest-free microfinance services to poor families to enable them to become self-reliant.

Promotion of interest-free loans (Qarz-e-Hasana) as a viable model and broad-based solution to poverty alleviation.

Providing social mentoring, capacity building, and business training.

Converting beneficiaries of Al-Khidmat Muawiya program into future donors.

Institutionalizing the spirit of brotherhood.

Socially responsible community through awareness, enrollment, and training

To play a role in the establishment of

Eligibility Criteria for the Al Khidmat Foundation Loan Program:

The following documents are needed for eligibility for Al Khidmat Foundation Loan Program:

• The applicant must fill a form.
• Applicant must have a valid CNIC.
• A copy of father's CNIC.
• A valid domicile copy.
• Ability and knowledge to manage a small business.
• Age should be between 18 to 62 years.
• Four recent passport size photographs of the applicant.

The Method involved with Presenting the Application for Advance:

You ought to visit their office to apply for a credit and finish up a required application structure. The advance will be paid to you subsequent to looking into your application in something like multi week of the accommodation of the structure.

You can call their head office phone number to get the nearest office address in your city: +92-304-111-4222

Or visit the contact us page on their official website so you can reach them and discuss more regarding the Al Khidmat Foundation loan. Here’s the link to their contact page: https://alkhidmat.org/contact.html

Select your province and click on it to get the nearest office details in your city.

Al Khidmat Foundation Loan Program Objectives:

The main objectives of providing loans are listed below:

Providing interest-free microfinance loans to needy families so that they can live a better life.

Promoting interest-free loans (Qarad Hasna) as a great example and a broad-based solution for families living in poverty.

Providing motivation, capacity building, and financial risk management training.

Converting Al-Khidmat Loan Program beneficiaries into future beneficiaries.

To establish a spirit of brotherhood.

Eligible Cities List:

• Karachi
• Lahore
• Wazirabad
• Faisalabad
• Multan
• Bhawalpur
• Gujrat
• Islamabad
• Rawalpind
• Kashmore
• Hyderabad
• Badin
• Nawabshah
• Mirpurkhas
• Sukkur
• Larkana
• Sanghar
• Tando Muhammad Khan
• Mirpur AJK
• harparkar
• Khairpur
• Ghotki
• Naushero Feroze
• Thatta
• Haripur
• Charsada
• Malakand
• Battagram
• Peshawar
• Bunir
• Dir Lower
• Gilgit.

Al Khidmat Foundation Head Office Information:

Address: Alkhidmat Complex, 3km Khayaban-e-Jinnah, Lahore, Punjab, Pakistan

Phone: +92-304-111-4222

Help Line: 0800 44 44 8

Email: info@alkhidmat.org

For Apply Online

Result

To apply for Al Khidmat Foundation loan, you need to visit their nearest office. We have provided you with all the details to contact them. It is an excellent facility for emergency loans, small business loans, marriage loans, and home construction loans. We wish you good luck with your loan application!