Maryam Nawaz Announces Rs 1.5 Lakh Interest-Free Loan Scheme Under BISP 2025
Chief Minister Maryam Nawaz Sharif has officially announced a major welfare initiative — the Rs. 1.5 lInterest-Free Loan Scheme Under BISP 2025 under the Benazir Income Support Programme (BISP).
The new Khud Mukhtar Program aims to help low-income, unemployed, and marginalized families start small businesses and become financially independent.
Under this historic scheme, thousands of households across Punjab and Pakistan will receive interest-free loans ranging from Rs. 50,000 to Rs. 150,000, empowering citizens to build self-sustaining income sources.
Maryam Nawaz stated that her government’s goal is clear: “We don’t want our people to depend on charity — we want them to become self-reliant.”
💡 What Is the Rs. 1.5 Lakh Interest-Free Loan Scheme 2025?
The Interest-Free Loan Scheme 2025, also known as the Khud Mukhtar Program, is part of the Punjab government’s poverty-alleviation and women-empowerment strategy.
It provides micro-loans without any markup to BISP-registered families so they can start small enterprises such as tailoring, livestock, home shops, or other self-employment ventures.
Core Objectives of the Program:
- Provide interest-free loans up to Rs. 1.5 lakh.
- Promote women entrepreneurship and youth empowerment.
- Reduce unemployment and dependency on grants.
- Strengthen micro-enterprise growth across Pakistan.
Unlike previous schemes, the process is digitally verified through NADRA and BISP to ensure only genuine applicants benefit.
📊 Key Features of the Maryam Nawaz Loan Scheme 2025
| Feature | Details |
|---|---|
| Loan Range | Rs. 50,000 – 150,000 |
| Interest Rate | 0% (Interest-Free) |
| Supervised By | BISP, NADRA, Partner Banks |
| Repayment Tenure | 1–2 Years (Monthly or Quarterly) |
| Eligibility | BISP-Registered Low-Income Families |
| Target Groups | Women, Widows, Youth, Disabled Citizens |
| Verification | CNIC + Biometric via NADRA |
This structure ensures transparency, accountability, and equal access for all deserving citizens.
🧾 Eligibility Criteria – Who Can Apply for BISP Interest-Free Loan 2025
Applicants must meet the following requirements:
- Registered under BISP database.
- Have a verified poverty score by NADRA.
- Must be 18 years or older.
- Belong to a low-income or unemployed family.
- Priority for women, widows, and disabled individuals.
- Possess a basic business idea such as home tailoring, grocery, or livestock.
This inclusive policy ensures that both urban and rural households can access funding easily.
🪙 How to Apply for Maryam Nawaz Interest-Free Loan Scheme 2025
Follow these official steps for Khud Mukhtar Program registration:
Step 1: Visit Nearest BISP Tehsil Office
Go to the Benazir Income Support Programme (BISP) Tehsil Office or Khud Mukhtar Desk in your district.
Step 2: Fill the Application Form
Provide accurate details — CNIC, family data, contact number, and business plan.
Step 3: Attach Required Documents
Include your CNIC copy, family record, two photos, and any proof of BISP registration.
Step 4: Biometric Verification
Your CNIC will be verified through NADRA’s system to confirm eligibility.
Step 5: Receive SMS Confirmation
After approval, you’ll get an SMS from BISP or the partner bank.
Step 6: Collect Loan from Bank
Visit the designated microfinance bank branch (Khushhali Bank, NRSP, or U Bank) to receive your loan.
📂 Required Documents for Loan Approval
Keep the following documents ready before applying:
- Original & photocopy of CNIC.
- BISP Registration Proof.
- Two passport-size photographs.
- Mobile number registered on CNIC.
- Business idea or plan (simple concept accepted).
- Disability certificate (if applicable).
- Death certificate (for widows).
Incomplete documents may delay your loan approval, so ensure all details are accurate.
💼 Benefits of the Maryam Nawaz Interest-Free Loan Scheme
The Khud Mukhtar Loan 2025 provides more than just financial support — it offers dignity and opportunity.
- Financial Relief: 100% interest-free financing with easy repayment.
- Women Empowerment: Helps women start home-based or retail businesses.
- Youth Opportunity: Encourages entrepreneurship among young Pakistanis.
- Economic Growth: Boosts micro-enterprise in rural & urban areas.
- Poverty Reduction: Converts recipients from dependents to contributors.
Maryam Nawaz highlighted that this scheme will “create thousands of home-based entrepreneurs in every district of Punjab.”
⚙️ Implementation & Supervision – BISP & NADRA Collaboration
The scheme is jointly managed by BISP, NADRA, and partner microfinance institutions to maintain transparency.
- NADRA verifies identity and poverty score.
- BISP handles registration and beneficiary selection.
- Partner Banks (NRSP, Khushhali, U Bank) disburse and monitor repayments.
Each applicant’s progress will be tracked digitally to prevent misuse and ensure accountability.
🧠 Tips for a Successful Application
- Use your own CNIC-registered mobile number for SMS verification.
- Double-check all form details before submission.
- Prepare a simple yet clear business idea.
- Keep copies of every document you submit.
- Visit your BISP office regularly for updates.
Following these steps improves your chances of fast approval and fund release.
⚠️ Common Issues & Solutions
| Problem | Solution |
|---|---|
| Didn’t receive SMS confirmation | Wait 3–5 days or contact BISP helpline 0800-26477. |
| Application rejected | Recheck CNIC and BISP data; correct any mismatched details. |
| Delay in loan disbursement | Follow up with your partner bank after approval. |
| Biometric verification failed | Update your fingerprints at NADRA office and retry. |
📈 Economic Impact of the Interest-Free Loan Scheme
This scheme marks a major milestone in Pakistan’s social protection framework. By investing in micro-entrepreneurship, the government reduces dependency and promotes job creation at the community level.
Experts estimate that the Khud Mukhtar Program will directly benefit over 500,000 families in 2025 and stimulate Rs. 30 billion worth of small-business activity.
It supports the Punjab Vision 2025, focusing on inclusive growth, women participation, and digital governance.
🌍 Comparison With Previous Government Programs
| Program | Type | Loan Limit | Markup | Focus Area |
|---|---|---|---|---|
| Ehsaas Loan Scheme | Micro-Loan | Rs. 100,000 | 0% | Poverty Alleviation |
| PM Youth Business Loan | Small Business | Rs. 5 million | 5–7% | Entrepreneurs |
| Khud Mukhtar Program 2025 | Interest-Free | Rs. 150,000 | 0% | Self-Employment & Women Empowerment |
The Maryam Nawaz Loan Scheme is unique because it combines zero interest, easy access, and targeted support for vulnerable groups.
❓ FAQs — BISP 2025 Interest-Free Loan:
Q1: Is this scheme completely interest-free?
✅ Yes, you only repay the principal amount — no markup or fees.
Q2: Can men apply for the loan?
Yes, but women, widows, and disabled persons are prioritized.
Q3: How long does approval take?
Normally within 15–30 working days after verification.
Q4: What is the repayment schedule?
Flexible monthly or quarterly installments for up to two years.
Q5: Where can I apply?
At your nearest BISP Tehsil Office or partner microfinance bank.
🏁 Conclusion – Maryam Nawaz Announces Rs 1.5 Lakh Interest-Free Loan Scheme Under BISP 2025
The Maryam Nawaz Rs. 1.5 Lakh Interest-Free Loan Scheme under BISP 2025 stands as a beacon of hope for Pakistan’s underprivileged families. By providing interest-free micro-loans and promoting self-employment, the Punjab government is transforming welfare into opportunity.
This initiative symbolizes Maryam Nawaz’s vision of an inclusive economy — where every citizen has the means to work, earn, and live with dignity.
📍 Apply now at your nearest BISP Tehsil Office and start your journey toward a financially independent future.
