Addressing the beneficiaries of the four Union Councils of Badin district here on Friday, she said that Prime Minister Mian Mohammad Nawaz Sharif fully committed to overcome the growing issue of unemployment and provide opportunity to jobless youth to establish their own business by obtaining interest free
loan from the scheme.
The scheme of interest free
loans was launched in Thatta.
Borrowing an additional PS1,000 interest free
could save PS100 every year, compared with paying an interest rate of 9.
8 per cent fee on balances transferred in the first 90 days and, again, six months interest free
on new purchases.
The Barclaycard Platinum Card, for example, is offering 20 months interest free
on balance transfers.
The interest free
overdraft of a graduate account is the most important element.
The Jeddah chapter of the Indian Forum for Interest Free
banking has presented a memorandum to a visiting official of the government of India asking for easing of regulations to allow for interest free
financial ventures in the country.
overdraft of GBP2,000 until June of the third year after graduation as detailed:
Batelco's existing Broadband PC Package Deal offers customers the opportunity to own PC's and laptops from leading brands including HP and Dell as well as Fujitsu Siemens, through a 2 year interest free
Barclays Student Additions allows pounds 1,000 interest free
overdraft in year one, and a further pounds 250 each year thereafter, with a range of discounts on books, CDs, shopping and leisure.
00%*** Nil Figures based on an overdraft limit of pounds 500 * Minimum age 21, minimum credit of pounds 500 per month ** Interest free
up to pounds 2,000 for the first 12 months *** Reverts to 50p per day - capped at 10 days per monthly charging period (pounds 5 max) after 12 months *** Interest free
for the first 12 months (min credit, pounds 1,000 per month)OVERDRAFT RATES MAJOR BANKS/LOWEST FEES Provider Account name Authorised rate Fee Source:www.
Eligible enterprises need to have been trading for at least 12 months and all loans are unsecured, interest free
and repayable over a period of one to 4 years.