5 Lakh Loan Without Interest in Pakistan – Eligibility & Requirements

Are you looking for a 5 lakh (5 Lac) loan without interest in Pakistan? Learn about the eligibility and requirements for getting a loan of 5 lakh without interest in Pakistan.

We are aware of the difficulties many people and companies have receiving interest-free loans regularly. Ehsas program is created as a total interest-free loan scheme for the youth who are jobless. This program can help them to run their business and survive their family in today’s crucial life.

Explanation of the 5 Lakh Loan Without Interest Scheme

First and foremost, it’s crucial to realize that getting a loan in Pakistan without paying interest is difficult.

The vast majority of loans in Pakistan come with an interest rate attached, which is how lenders make money. You do have a few choices if you are looking for an interest-free loan. The Ehsas program is the best option for you forever now.

The option for obtaining a loan without interest in Pakistan is through a government-sponsored loan program. Numerous loan programs are provided by the Pakistani government to assist small enterprises and entrepreneurs.

Some of these programs offer loans without interest or with low-interest rates.

The Prime Minister’s Youth Business Loan program offers loans up to 5 lakhs with an interest rate of only 6%. This is not a fully interest-free loan, it will be charged a few interest rates to start or develop a business.

5 Lakh Loan Without Interest in Pakistan - Eligibility & Requirements

PM Shahbaz Sharif, president of PMLN, has started the 5 Lakh loan without interest in Pakistan. There is a piece of excellent news for the youth who have no work to do to start their business. This ehsas loan program was established for young people who are jobless, underemployed, and without employment. The fundamental rationale used by the government is to define microfinance as interest-free loans. It can help to boost Pakistan’s economy and create the chances of jobs for an increasing number of people.

Ehsas’s interest-free loan program is designed to help individuals and businesses overcome financial obstacles and achieve their goals. We believe that financial assistance should not be a burden and have developed our program with this in mind.

Importance of This Scheme for People in Need of Financial Assistance

If you need a loan with no interest in Pakistan, you should do your homework and look into all of your possibilities. It is very difficult to choose how to get an interest-free loan that any organization offers to people but the Ehsas program is offering like same with a minor interest rate.

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What is an Interest-Free Loan?

A loan that does not charge interest on the actual amount borrowed from the borrower or organization is known as an interest-free loan. If you need money but cannot afford the very high-interest rates, this kind of loan is a great solution.

Non-profit organizations, charities, and governments are common providers of interest-free loans. These loans are intended to help individuals in financial need without adding the burden of excessive interest rates.

Why Choose an Interest-Free Loan?

There are various advantages of an interest-free loan as compared to a traditional loan. By selecting an interest-free loan, the borrower may avoid paying any interest on the amount borrowed, which might save them a lot of money over the length of the loan.

Second, obtaining interest-free loans is frequently simpler than doing so for regular loans.

Finally, interest-free loans are an excellent way to support a good cause. Many charities and non-profit groups that offer interest-free loans use the cash to support a variety of humanitarian goals such as poverty reduction, healthcare, and education.

How to Apply For an Interest-Free Loan?

At our organization, we have developed a simple application process for our interest-free loan program. To apply for a loan, just visit the Ehsas website and complete the online application.

Within a few business days of receiving your application to the selected organization as the Ehasas program. They will examine it and contact you to discuss your eligibility and next steps. Individuals and companies in need of financial help can apply for our interest-free lending program. Our Ehsas program is designed to help you reach your goals without the extra stress of high-interest rates, whether you need to pay for medical expenditures, schooling, or business expenses.


How to Get Registration

Online registration for the Prime Minister’s Interest-Free Loan Scheme You may get the 2023 form from this page by clicking here. Fill out the Ehsas Loan Form and mail it to the specified address. The 2023 Prime Minister’s Plan calls for a nationwide, interest-free loan for Pakistan. You may apply for it online anywhere, but before you do, double-check because it hasn’t started in certain places.

5 Lakh Loan Without Interest in Pakistan - Eligibility & Requirements

Anyone applying for the Bila Sood Qarza Scheme may do so even if they are currently receiving financial aid from another Ehsas program or Ehsas loan scheme, such as the Benazir Income Support Program (BISP). Registration and application materials are accessible here. Download, then use.

Eligibility Criteria

The interest-free Ehsaas loan program 2023–24 is open to families and any head of household who earns less than $40,000 or has no income, regardless of gender. In locations with low microfinance beneficiary rates, such as 12% BISP providing preference to certain areas and districts in the loan plan 2023, applicants between the ages of 18.5 and 40 can apply for the AHSAs loan scheme online.

There is no discrimination among genders in the Ehsas program. Most women will get 50% of the budget of a 5 Lakh Loan Without Interest in Pakistan in it only for the women. For the first time in history, the markup rate is 0%, and the loan return time is within 3 years.


  • 18 to 60 years old.
  • Valid CNIC
  • Visit Union Council in your District
  • Any plan of business.

How to Apply for this Scheme

For applying online visit, the website or directly paste this link to your browser to apply online https://www.ppaf.org.pk/NPGI

Use the 8171 web portal using this link.

Apply Now

  1. Required income level

    You should need to provide income proof that how is your strategy to return the loan.

  2. Residence requirements

    There should be a permanent residential address in Punjab Pakistan.

  3. Documentation Requirements

    There are not too many documents required to apply for this scheme. Only your valid CNIC is required to apply.

  4. Proof of income

    It might be necessary to give your passive proof of income to the government.

  5. Residential proof

    The residential proof is mandatory to provide.

  6. Bank statement

    There is no need for a bank statement to provide at the time of applying.

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