{"id":81825,"date":"2021-11-30T11:20:35","date_gmt":"2021-11-30T06:20:35","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=81825"},"modified":"2021-11-30T11:20:39","modified_gmt":"2021-11-30T06:20:39","slug":"railways-employees-interest-free-loans","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/railways-employees-interest-free-loans.html","title":{"rendered":"Railways&#8217; employees to get interest-free loans for home construction"},"content":{"rendered":"\n<p>Islamabad: Ministry of Railways and Akhuwat Islamic Microfinance on Monday (November 29) signed a Memorandum of Understanding (MoU) to provide interest-free loans to Pakistan Railways employees for construction of their homes, according to news sources.\u00a0<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/railways-narowal-kartarpur-railways-line.html\" target=\"_blank\" rel=\"noreferrer noopener\">Pakistan Railways to revive Narowal-Kartarpur railways line<\/a><\/p>\n\n\n\n<p>The agreement was signed between Railways Minister Azam Khan Swati and Chairman of Akhuwat Islamic Microfinance Dr Amjad Saqib. As per the details, the microfinance institution \u2013 Akhuwat Islamic Microfinance \u2013 will provide loans to low-income employees for the construction of their homes.&nbsp;<\/p>\n\n\n\n<p>Railways Minister Swati, while speaking at the ceremony, stated that interest-free loans will also be provided to employees for the education of their children. He added that loans for seven employees have been approved. The minister disclosed that the <a href=\"https:\/\/www.zameen.com\/news\/railways-chinese-firm-signs-mou.html\" target=\"_blank\" rel=\"noreferrer noopener\">railways&#8217; system<\/a> was being updated and state-of-the-art systems for signalling and communications were being installed.\u00a0<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/connect-kcr-brt-lines.html\" target=\"_blank\" rel=\"noreferrer noopener\">Pakistan Railways plans to connect KCR with BRT lines<\/a><\/p>\n\n\n\n<p>The signing ceremony was attended by Minister for Parliamentary Affairs Ali Muhammad Khan and Deputy Chairman of Senate Mirza Muhammad Afridi.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: Ministry of Railways and Akhuwat Islamic Microfinance on Monday (November 29) signed a Memorandum of Understanding (MoU) to provide interest-free loans to Pakistan Railways employees for construction of their homes, according to news sources.\u00a0 Read: Pakistan Railways to revive Narowal-Kartarpur railways line The agreement was signed between Railways Minister Azam Khan Swati and Chairman of Akhuwat Islamic Microfinance Dr Amjad Saqib. As per the details, the microfinance institution \u2013 Akhuwat Islamic Microfinance \u2013 will provide loans to low-income employees for the construction of their homes.&nbsp; Railways Minister Swati, while speaking at the ceremony, stated that interest-free loans will also be provided to employees for the education of their children. He added that loans for seven employees have been approved. The minister disclosed that the railways&#8217; system was being updated and state-of-the-art systems for signalling and communications were being installed.\u00a0 Read: Pakistan Railways plans to connect KCR with BRT lines The signing ceremony was attended by Minister for Parliamentary Affairs Ali Muhammad Khan and Deputy Chairman of Senate Mirza Muhammad Afridi.<\/p>\n","protected":false},"author":83,"featured_media":61922,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[49794,2364,49786],"persona":[],"class_list":{"0":"post-81825","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-interest-free-loans-for-home-construction","9":"tag-pakistan-railways","10":"tag-railways-employees-to-get-interest-free-loans-for-home-construction","11":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Railways&#039; employees to get interest-free loans- Zameen News<\/title>\n<meta name=\"description\" content=\"Ministry of Railways and Akhuwat Islamic Microfinance on Monday (November 29) signed a Memorandum of Understanding (MoU) to provide interest-free loans...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/railways-employees-interest-free-loans.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Railways&#039; employees to get interest-free loans- Zameen News\" \/>\n<meta property=\"og:description\" content=\"Ministry of Railways and Akhuwat Islamic Microfinance on Monday (November 29) signed a Memorandum of Understanding (MoU) to provide interest-free loans...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/railways-employees-interest-free-loans.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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