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General criteria for the PMIFL loans:
• Registered under BISP program
• Fall under the range of 0 to 40 score as per BISP data
• Permanent resident of RCDP program area;
• A holder of valid CNIC;
• Of age between 18 to 55 years;
• All the members of the group will take responsibility of one another (Social Collateral);
• Only one person can apply from one household;
• The business shall be legal, acceptable within religious and social norms, and does not impart negative impact on the environment;
• Applicants shall have satisfactory repayment capacity;
• There shall be no default history in RCDP or any other organization of the client;
• Applicant shall have good physical heath, sound mind and good character;
Following table shall demonstrate the features of the product
Loan Type PMIFL
Group Size 3-6 members (3 males & 3 females).
Period of loan 12 months.
Loan Range Rs. 20,000 to 50,000.
Repayment procedure Equal Monthly Instalments
Service charges No service charges
PHONE No : 042-3717280-81
Online Apply :- www.rcdppk.org/prime-minister-interest-free-loan/
Disclaimer: Confirm each and every thing before applying for any job or before giving any advance to any one like agent. We will not be responsible for any loss or damage.
