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Punjab considers offering interest-free loan to commercial tenants

Punjab considers offering interest-free loan to commercial tenants

LAHORE: Government of Punjab is considering to offer interest-free loans to commercial tenants in order to ease impact of coronavirus on businesses.

Final draft of the suggestion will be furnished before cabinet committee for finance and then Punjab cabinet.

Shopkeepers will submit application with tenancy agreement in Bank of Punjab (BOP), which will not charge interest.