BOK
Insaf Rozgar Scheme
Body
Target Groups:
Potential Economic Activities for New and Existing Livelihoods:
- Dairy, Livestock, Poultry, Aquaculture, Sericulture, Apiculture, Horticulture(Cattles per household’s capacity & economic viability to support their livelihood)
- Agricultural related off-farming businesses (value-chains)
- Movable fruit / vegetable / maize cart vendors
- Beauticians
- Retailors / Small scale traders
- Hair Dressing
- Laundry / Dry cleaning
- Brass / Copper Work
- Pottery
- Sole Making/Footwear
- Maizery (Hemp) work
- Metal work
- Khaddar / Khaddi Cloth making
- Wax Printing
- Calligraphy
- Truck Art
- Musical Instruments Making / Instrumentalists
- Tailors
- Transport related services (Taxi/Rickshaw/Auto Spare Parts etc.)
- Tire repair / Puncture shops
- Mobile repair / Computer hardware repair / Software repair / Printing / Photocopying etc.
- Services such as handloom weaving and garments etc.
- Gems
- Small Scale Artisans (Mining Marble & Onexy Handicrafts)
- Allied services to promote tourism
- Professional graduates with viable micro scale enterprising ideas.
Other micro scale enterprising idea with economic viability & sustainability potential.
Professionally Potential Economic Activities for New & Existing Entrepreneurs:
- Doctors, Engineers, Graduate / New entrant cohorts from technical colleges. TEVT centers, vocational centers.
- Professional graduates with viable micro scale enterprising ideas
- Disable persons with skills certification from Special Skills Institutes
- Agricultural related businesses (off-farming)
- Beauticians
- Small Scale Artisans (Mining Marble & Onexy Handicrafts)
- Light Engineering Services
- Electricians / Electronics
- Technicians / Mechanics / Plumbers
- Medical related business
- Photography & filmmaking
- Furniture / Wood Carving
- Handicrafts / Garments stitching / Embroidery/ Dying or other related skills.
- Small Scale Artisanal Workers
- Skilled women’s home based enterprises
Other skill based micro scale enterprising idea with economic viability & sustainability potential.
Salient Features:
General Eligibility Criteria
- A permanent resident of Newly Merged Districts of Khyber Pukhtunkhwa.
- Having a valid Computerized National Identity Card.
- Applicant shall be the resident on the provided address for at least two years.
- Age Limit: 18-50.
- Potential beneficiary should have a do-able business idea relevant to the skills.
- Potential beneficiary, who intend to start up or support their viable and sustainable micro scale enterprises at NMAs.
- Preference will be given to pass out candidates from skilled GoKP development programs or its affiliated institutes.
- Female entrepreneurs (including widows)
- Unemployed individuals (labor workforce).
- Small traders.
- Artisans.
- New skilled entrants or trainees from skilled institutes and vocational centers having no financial resources to start micro scale enterprising.
- Small scale entrepreneurs who are engaged in manufacturing, handicrafts and garments etc.
- Other economically viable micro scale enterprising ideas or support.
- Business shall be of legal entity.
Scheme objectives:
- Socio-economic Development.
- To Combat Poverty and Reduce unemployment.
- Develop entrepreneurial culture.
- Overall social & financial inclusion of the disadvantaged segments of the newly merged districts through access to finance.
In-Eligibility
- Not an employee of any Government or Semi-Government or Autonomous body.
- Not a regular student
- The applicant must not have any outstanding loan exposure from any other Government’s/ Donors Scheme or Banks and having clean e-CIB.
- Not availed loan under BKKRS/ PHRS/ RHRS/ KKS/ YCF/ Wasila-e-Haq facility through Benazir Income Support Program, NRSP/ SRSP.
Loan Size
- Professionally Educated and skilled:
Loan Amount: Max. Rs. 1.0M per client according to business plan. - Skilled (Informal/ Semi-informal) individuals:
Loan Amount: Max. Rs. 0.500 m per client according to business plan. - Women
Skilled women: Max. Rs. 1.00M depending on business plan viability.
General/Informal: Max Rs. 0.300M depending on business viability. - Others
Loan Amount: Rs. 50,000/- up to Rs. 300,000/-
Start-up/ Existing having enterprise skills. The loan size ascertainment is subject to assessment of business plan/idea according to prudent banking practices.
Post-Approval Stage
- Agreement of Finance.
- Demand Promissory Note.
- Personal Guarantee.
- Any necessary document (where required).
Security
- Two PGs, at least one guarantor must be a Govt. employee of BPS 07 or above.
Repayment
- 03 Years inclusive of 03 months’ grace period (for new enterprises only).
Required Documents
Pre-Approval Stage
- Duly filled in application form
- Copy of valid CNIC of applicant & guarantor (e-NADRA Verification)
- Two passport size photographs of applicant and guarantors.
- Attested copy of Degree, Diploma or Skill Certification from any recognized institute (where applicable).
- Government guarantor salary slip.
- Letter of Comfort from concerned department clearly mentioning BPS for government guarantor.
- Documentary proof of private guarantor’s Income along with undertaking on stamp paper.
Please note that Insaf Rozgar Scheme has been launched in all newly merged Districts & FR regions of KP and forms can been submitted in below mentioned Area offices/BOK Branches respectively.
|
S. No |
Station |
Area office |
BOK operating branch |
|
1 |
Bajaur District |
---------- |
IBB Khaar Branch |
|
2 |
Mohmand District |
DC office Ghalanai |
Shabqadar Branch |
|
3 |
Khyber District |
---------- |
Jamrud Branch |
|
4 |
Orakzai District |
AC office Kalaya |
Sherkot Branch |
|
5 |
Kuram District |
---------- |
Parachinar Branch |
|
6 |
North Waziristan |
AC/DC office Miran Shah |
Bannu Branch (Con) |
|
7 |
South Waziristan |
AC/DC office Wana |
IBB Tank Branch |
|
8 |
FR Peshawar |
---------- |
Ring Rd Qarhi Qamar Din |
|
9 |
FR Kohat |
---------- |
Dara Adam Khel Branch |
|
10 |
FR Bannu |
---------- |
Bannu Branch (Con) |
|
11 |
FR Lakki Marwat |
---------- |
IBB Lakki Marwat Branch |
|
12 |
FR Tank |
---------- |
IBB Tank Branch |
|
13 |
FR D.I Khan |
---------- |
IBB D.I.Khan Branch |
In case of any query please contact on the following numbers: 091-5254018, 091-5284245, 091-5276352.
To download Application form please click here
To Download Guarantor's verification form please click here