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

 

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

 

 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)

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

Repayment Mode
Monthly / Quarterly installments

Interest
Zero

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