Apna Rozgar Scheme Complete Detail

Apna Rozgar Scheme Complete Detail

Apna Rozgar Scheme Complete Detail

Apna Rozgar Scheme Complete Detail

About Scheme

The Bank of Punjab shall provide financing to educated unemployed youth of Punjab who meets eligibility criteria & other terms of scheme. The vehicles selected for the scheme are Suzuki Bolan and Suzuki Ravi.

What is Eligibility Criteria

  • Applicant must be an unemployed Punjab Domicile (male/female) holder domiciling in any district of Punjab.
  • Age between 21 to 35 years as on 31st October 2014
  • Qualification at least Matric (or equivalent)
  • Have valid driving license (Issued on or before 31st October 2014)
  • Have valid CNIC
  • Maximum worth of assets of the applicant (Self), Spouse, Parents & Children should not exceed Rs.2 Million threshold.
  • Must not be a defaulter and not have a criminal record.
  • 02 Guarantors required

What is the Tenure of Loan ?

05 years (60 months)


What Documents Are Required ?

1. Application form

2. Attested copy of:

2.1 Valid CNIC

2.2 Valid computerized driving license

2.3 Two recent photographs

2.4 Educational certificates

2.5 Domicile

3. Affidavit on stamp paper of Rs.50/- regarding Net worth not more than Rs. 2.0 Million, No Criminal Record & not defaulter of any financial institution (Please click here to download Specimen)


Loan Details

Price (with discount) Rs.597,000 Rs.655,000
Down Payment to be paid by qualified applicants Rs.170,000 Rs. 177,000
Markup rate 100% Markup shall be paid by Government of the Punjab.
Monthly Installment (includes insurance premium) Rs.9,000 Rs. 10,000


Amount to be Deposited with Application Form

1. Application Form Fee (Non-refundable) Rs.2,000 Rs.2,000
2. Token money (Refundable) Rs.9,000 Rs.10,000
Rs.11,000 Rs.12,000

What kind of other charges May I have to Pay?

Late payment charges Early termination charges Repo charges
RS 1 per thousand per day of monthly installment amount from due date till actual payment 5% on the outstanding principal amount To be borne by the borrower/Lessee as per bank’s schedule of charges. Rs.10,000/- as fixed penalty and upto Rs.100,000/- as repossession charges or actual (whichever is lower) and Rs.200/- per day warehouse charges.


Contact Detail

For any information, please call us at 111-267-200 or email at apnarozgar@bop.com.pk


Please click following link to download the relevant documents

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