Loan schemes: Officers of grade 15 can be guarantors

The coordinator of MNA Marvi Memon said the public servants from BPS-15 and higher can be a guarantor for the loan.

HYDERABAD:
The coordinator of Prime Ministers’s Easy Business Loan Scheme, MNA Marvi Memon, has clarified that there is no condition of a gazetted officer’s guarantee for the prospective recipient of the loan.

She told the media in Benazirabad on Wednesday that the public servants from BPS-15 and higher can be a guarantor for the loan.


She also said that five per cent quota for physically challenged people and 50 per cent quota for women has been set aside in the scheme.

Published in The Express Tribune, December 12th, 2013.