KP govt announces interest-free loans to employees

PESHAWAR: The Khyber Pakhtunkhwa government has decided to provide interest-free loans to government employees of the province.

The provincial government has also issued a letter in this regard, according to which loans will be provided to provincial employees from grades one to 17 on easy installments.

The letter states that Rs 100 million has been allocated for loans to secretariat employees and Rs 240 million for other employees.

According to the letter, the government will provide an advance of Rs 200,000 for a vehicle and Rs 250,000 for building a house.

It has also been clarified in the letter that Rs 340 million has been allocated for this loan in the current year’s budget.

Ehsaas e-pension system

Earlier, Ehsaas e-pension system was launched for government employees in Khyber Pakhtunkhwa.

The e-pension system in Khyber Pakhtunkhwa will come into effect from January 1, 2026, as the Chief Minister of Khyber Pakhtunkhwa, Ali Amin Gandapur, has approved the e-pension system.

The Chief Minister’s Secretariat has prepared a concept paper for the launch of the e-pension system, and orders have been issued to the Finance Department to implement it.

With the revolutionary step of the provincial government, pensions will be paid to new pensioners under the e-pension system, and the paper-based pension system will be converted into a completely paperless e-pension system.

This dashboard will be a web-based platform that will consist of a completely paperless workflow.

Under the e-pension system, employees will be able to file their pension case by filling out a simple digital form on the portal 6 months before retirement.