Punjab Health Foundation Loan Scheme | Interest Free Loan | Govt Loan Scheme | Loans

 

Punjab Health Foundation Loan Scheme | Interest Free Loan | Govt Loan Scheme | Loans

 

Also Check:Akhuwat Loan Personal Loan Islamic Micro Finance For Male/Female


 Scheme 1

Eligible Professionals

  • Hakeems and Dawakhanas, NCT (National Council for Tibb)
  • Homeopathic Doctors, NCH (National Council for Homeopathy)
  • Doula Services by Midwives and LHVs, PHC (Punjab Healthcare Commission)
Also Check:Faysal Home Finance Interest Free Loan in Pakistan

          
Amount of Loan
Rs.500,000/- (Upper / Maximum Limit)


Repayment Mode
Monthly / Quarterly installments


Interest
Zero

Also Check:Standard Chartered Bank Loan Scheme 2021


Duration
Up to 3 Years


Security

One of the below is required as security along with the application:

  • Bank Guarantee
  • Mortgage of Adequate property in favour of Punjab Health Foundation
  • Government Securities (Bond, Defense Saving Certificate Debenture etc)
  • Mortgage of plot / land and structure being raised thereon in favour of Punjab Health Foundation
  • Personal
    Guarantee of any Gazetted Officer having 17 Scale of any Govt.
    organization. (Latest Salary Slip, Job Letter / Service Card, Copy of
    CNIC, Undertaking) and of one blood relation or one of parent or real
    brother or sister (Copy of CNIC, undertaking) Promissory Note.


Documents required with Application

  • Attested Copy of CNIC
  • Attested Copy of Domicile
  • 04 Pictures (Attested)
  • Attested copy of Academic Qualification (Medical Degree)
  • Attested copy of Valid Registration with (PNC, PHC, NCH, NCT etc)
  • Project Proposal / Quotation for purpose of loan.
  • Evidence of clinic (Ownership / Lease agreement for the premises)
  • Registration and Licensed / Provisionally licensed with Punjab Healthcare Commission
  • Unemployment Affidavit
  • Certificate of Good Standing by Professional Association.
  • Attested Copy of experience certificate (House Job and any other relevant experience)

Application Fee

  • Rs.500
    Bank Draft / Online Bank Deposit slip at Bank of Punjab Account No CPA
    6580048830600044 Branch Code 0048, Chouburji Lahore in favour of MD
    Punjab Health Foundation


Purpose of Loan

  • Office Furniture
  • Equipment consistent with the legal scope of work
  • Minor Repair and Renovation,
  • Any other related purpose.

 

Scheme 2

Eligible Professions

  • Specialized Diabetic Care Centers
  • Fertility Clinic
  • Psychiatrist Clinics
  • Pharmacist and Pharmacies
  • Gynae – Obstetrician
  • Opthamologist
  • Pediatrics for establishing clinics and providing screening services to schools
  • Dermatologist/Cosmotologist
  • Dental Clinics
  • Family Physician/General Physician/Doctors with specialization in their respective fields


Eligiblity Criteria

  • Valid Academic Qualification (degree/diploma)
  • Registration with the respective Federal Council (PMDC, NCH, & PPC etc.).
  • Registered and Licensed / provisionally Licensed with the Punjab Healthcare Commission
  • Pharmacist having 5 years degree in Pharmacy


Range of Loan

  • Rs.700,000/- (Upper / Maximum Limit)


Repayment Mode

  • Monthly / Quarterly


Repayment Period

  • 03 Years


Interest

  • Zero


Security Collateral

Any of the enlisted below:

  • Bank Guarantee
  • Mortgage of Adequate property in favour of Punjab Health Foundation
  • Government Securities (Bond, Defnce Saving Certificate Debenture etc)
  • Mortgage of plot / land and structure being raised thereon in favour of Punjab Health Foundation
  • Personal Gurantee of any Gazetted Officer having 17 Scale of any Govt. organization. (Latest Salary Slip, Job Letter / Service Card, Copy of CNIC, Undertaking) and of one blood relation or one of parent or real brother or sister (Copy of CNIC, undertaking ) Promissory Note


Documents required with Application

  • Attested Copy of CNIC,
  • Attested Copy of Domicile
  • 04 Pictures (Attested)
  • Attested copy of Academic Qualification (Medical Degree)
  • Attested copy of Valid Registration with (PMDC, NCH, & PPC etc.).
  • Project Proposal / Quotation for purpose of loan.
  • Evidence of clinic (Onwership / Lease agreement for the premises)
  • Registration and Licensed / Provisionally licensed with Punjab Healthcare Commission
  • Unemployment Affidavit
  • Certificate of Good Standing by Professional Association.
  • Attested Copy of experience certificate (House Job and any other relevant experience)


Application Fee

  • Rs. 1000 (Bank Draft / Online Bank Deposit slip at Bank of Punjab Account No CPA 6580048830600044 Branch Code 0048, Chouburji Lahore in favour of MD Punjab Health Foundation)


Purpose of Loan

  • Office Furniture
  • Equipment consistent with the legal scope of work
  • Any other related purpose


Default Surcharge

  • In case of delay in repayment of instalmment amount, a penalty of 4% per month on the defaulted mount shall be imposed on the receipient

 

Scheme 3  

Eligible Professions

  • Specialized Diabetic Care Centers
  • Fertility Clinic
  • Psychiatrist Clinics
  • Pharmacist and Pharmacies
  • Gynae – Obstetrician
  • Opthamologist
  • Pediatrics for establishing clinics and providing screening services to schools
  • Dermatologist/Cosmotologist
  • Dental Clinics
  • Family Physician/General Physician/Doctors with specialization in their respective fields
  • Blood Banks
  • Medical Laboratories


Eligibility Criteria

  • Valid Academic Qualification (degree/diploma)
  • Registration with the respective Federal Council (PMDC, etc.).
  • Registered and Licensed / provisionally Licensed with the Punjab Healthcare Commission


Amount of Loan

  • Rs. 25,00,000 to 5,000,000/- (Upper / Maximum Limit)


Repayment Mode

  • Biannually


Repayment Period

  • 08 Years


Interest

  • Zero


Security

  • One of the below listed is required:


Collateral:

  • Bank Guarantee
  • Mortgage of Adequate property in favour of Punjab Health Foundation
  • Government Securities (Bond, Defence Saving Certificate Debenture etc)
  • Mortgage of plot / land and structure being raised thereon in favour of Punjab Health Foundation


Documents required with Application

Complete application with:

  • Attested Copy of Valid CNIC
  • Attested Copy of Domicile
  • 04 Pictures (Attested)
  • Attested copy of Academic Qualification (Medical Degree)
  • Attested copy of Valid Registration with PMDC
  • Registration and Licensed / Provisionally licensed with Punjab Healthcare Commission
  • Printed quotation of medical equipment to be purchased with full specification, model, make, price.
  • Certificate of Good Standing by Professional Association.
  • Evidence of clinic (ownership / lease agreement for the premises)
  • Unemployment Affidavit
  • NTN & Tax Return
  • Certified copy of Fard (Goshwara, proof of Ownership)
  • Valuation of Property from certified valuator.
  • Project Proposal / Quotation for purpose of loan.
  • Financials (Income and Expenditure statement) from ICAP registered firm.
  • Affidavit, if property is not in the name of loanee.
  • Bank statement showing balance of (1/3 equity of Total Project)

Application Fee

  • Rs. 2000 Bank Draft / Online Bank Deposit slip at Bank of Punjab Account No CPA 6580048830600033 Branch Code 0048, Chouburji Lahore in favour of MD Punjab Health Foundation

Purpose of Loan

  • Office Furniture
  • Equipment consistent with the legal scope of work
  • Minor Repair and Renovation,
  • Any other related purpose

Default Surcharge

  • In case of delay in repayment of installment amount, a penalty of 4% per month on the defaulted mount shall be imposed on the recipient.

 Smart Loan Scheme

 

Loan Packages
Presently there are four schemes being offered, detailed below:





 

 


For Help / Any Query
042-99210984 OR E Mail: support.phf@punjab.gov.pk


 


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