The establishment of Punjab Health Foundation is a significant initiative of this Government and a vital step to actively assist and promote the private sector in providing better, broader and gross root health cover. The Foundation will help to provide financial assistance in urban and rural areas to individual doctors, promote NGOs, encourage health institutions and allied projects for their establishment and upgrade existing facilities and inputs.
On the eve of its silver jubilee, PHF is planning to expand its loaning base to 45 new health entrepreneurs with a view to improving health services delivery through private sector and creating more than 100,000+ jobs in next 4-5 years.
An end to end steps for a loan application are as
Get registered with PHF through website OR Application Form
Upload Scanned Dcouments, copy of bank draft / deposit slip of Application Fees (Scheme I Rs 500/-, Scheme II Rs1000/- , Scheme III Rs 2000/- )
After examining the documents case will be processed for verification of experience certificates, PMDC and inspection of project
On receipt of recommendations from representative of Punjab Health Foundation (PHF) or DHPC after inspection of project case will be presented before the Financial and Technical Committee (F&TC) for final approval of loan
After approval of the loan applicant will have to provide legal documents (collateral documents) and postdated cheques according to repayment schedule
On clearance of the collateral documents by the legal advisor, loan will be released in single or two installments or three installments (according to case nature)