Microfinance

Khyber Karobar Support Program (KKSP)

Part of PakFinHub's BOK coverage — see the full bank overview.

KP Youth Entrepreneurs
Rs 100K – Rs 1M

Written & reviewed by Dildar Hussain — 10+ years in Pakistani banking, BS Banking & Finance (NUML University)

The Khyber Karobar Support Program (KKSP) is Bank of Khyber's own microfinance scheme for starting or expanding a small business in Khyber Pakhtunkhwa, aimed specifically at the province's youth and existing entrepreneurs. This page covers eligibility, loan limits, markup, and required documents, sourced directly from BOK's official program page.

KKSP at a Glance

Facility Type: Demand Finance
Finance Limit: Rs 100,000 – Rs 1,000,000
Tenure: Up to 5 years
Markup: 1-Year KIBOR + 700 bps

Confirmed from BOK's official Khyber Karobar Support Program page (bok.com.pk). Last verified: August 2026.

Program Objectives

KKSP exists to give KP residents access to finance for starting, promoting, expanding, or developing an economically viable enterprise, with a specific focus on encouraging the province's youth into entrepreneurship, creating new employment in the process rather than only funding existing businesses.

Eligibility Criteria

Requirement	Detail
Age	18 to 55 years
Residency	Permanent resident of Khyber Pakhtunkhwa
Business location	Must be located in Khyber Pakhtunkhwa
Business type	Existing or proposed businesses (trading, manufacturing, services, or any viable new idea) with a doable business plan
Applicant profile	Graduates (doctors, engineers, business graduates) or candidates with at least one year of recognized technical/vocational training
Not eligible	Current regular students, loan defaulters, or applicants without a clean e-CIB

Businesses on the Government of Pakistan's negative list — unlicensed arms and ammunition, explosives, radioactive substances, security printing, alcoholic beverages, and liquor — are not eligible. BOK also treats property-related businesses as falling under this negative list for KKSP purposes.

Loan Terms & Security

Term	Detail
Grace period	3 to 6 months, case-to-case basis
Debt/equity ratio	60:40
Late payment penalty	2% of installment amount
Balloon payments	Not allowed — early adjustment is permitted without penalty
Processing fee	Rs 1,000 flat, charged on each approved application
Security	Two personal guarantees (at least one a BPS-12+ provincial government servant), or equitable mortgage of property, or liquid security (RICs, DSCs, TDRs)

Source: BOK's official Khyber Karobar Support Program page (bok.com.pk). Processing fee cross-confirmed against BOK's Schedule of Bank Charges, Conventional Branches, July–December 2026 (Khyber Karobar Support Program, Application Processing Fee). Last verified: August 2026.

Required Documents

Pre-approval, BOK asks for: a completed application form, valid CNIC of the proprietor/partners and guarantors, a passport-size photo, a recent utility bill, a Borrower Basic Fact Sheet, the bank nominee's visit report, SBP undertaking and e-CIB report, NTN/sales-tax registration where applicable (preferred, and factored into risk scoring), partnership deed if relevant, financial statements if available, proof of the applicant's equity contribution, property documents if offered as security, and a quotation for any equipment or material the loan will fund. After approval, BOK requires charge documents, personal guarantees, a clear CAD certificate, original title documents, and a property valuation report where security is offered.

Frequently Asked Questions

Who is eligible for the Khyber Karobar Support Program?

Applicants aged 18 to 55 who are permanent residents of Khyber Pakhtunkhwa, with a business located in the province and a viable business plan, are eligible. Government employees and current students are not.

What is the loan limit under KKSP?

Financing ranges from a minimum of Rs 100,000 to a maximum of Rs 1,000,000, repayable over up to 5 years.

Can a student apply for KKSP?

No. BOK explicitly excludes anyone currently enrolled as a regular student in an educational institution.

Does KKSP require collateral?

Not necessarily — two personal guarantees (with at least one from a BPS-12+ provincial government servant) can substitute for property or liquid security.

Is there a penalty for paying off a KKSP loan early?

No. Balloon payments aren't allowed, but early adjustment of the full loan is permitted without any penalty.

Lining up a guarantor before you apply saves a round trip to the branch — a provincial government servant at BPS-12 or above is the preferred guarantor type BOK lists, and one guarantor cannot back more than two KKSP loans at once, so confirm your guarantor's availability isn't already spoken for.

Good For

KP-based youth and entrepreneurs starting or expanding a small business
Understanding KKSP's eligibility and negative-list exclusions
Knowing which documents to prepare before applying
Comparing KKSP against BoK SAAF and the Kamyab Jawan Scheme

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