Prime Minister’s Youth Business & Agriculture Loan Scheme 2023
Prime Minister’s Youth Business & Agriculture Loan Scheme
Prime Minister’s Youth Business & Agriculture Loan Scheme 15 Commercial Islamic and SMI Banks promote entrepreneurship among young people by providing business loans on easy terms and with low markups. All Pakistani residents, aged between 21 and 45, are eligible to apply for business capacity. The age limit for IT/E commerce-related business is 18 years. Applications will only be submitted online through our website. This loan is divided into three levels.
Tier 1
The range is 0.5 million PKR with 0% markup.
Tier 2
The range is above 0.5 Million up to 1.5 Million PKR with a 5% markup.
Tier 3
The range is above 1.5 Million up to 7.5 Million PKR with a 7% markup.
PM Loan Types
The Prime Minister’s Youth Business and Agriculture Loan Scheme provides two types of loans to the youth which are classified as:
- Long-Term / Development Loans
- Working Capital/Production Loans
Eligibility Criteria
Prime Minister Mian Shahbaz Sharif has started small loans for small businesses within Pakistan and for agriculture. Which following people will be given loans in very easy installments
- All citizens of CNIC CNIC who are between 21 and 45 years old and have business potential.
- ET or e-commerce business-related businesses have at least 18 years of age. At least matric or equal education will require the top condition of age for individuals and single owners. In the case of all other types of business, including pandemics and companies, owners must be in the age mentioned above circle only one of the partners or directors
- Small and medium-sized businesses are also eligible for startups and current companies owned by the youth.
- In the case of agriculture, farmers’ ratings will apply according to qualified items for the SBP
- Indicator credit limit and agriculture financing.
You can also apply for Akhuwat Loan.
How To Apply For a Loan
The process of borrowing through this program is quite simple and easy you have to follow the following steps and you will be able to get a loan easily.
- First, you have to click the Application Form button given to you.
- Then you will be given a form there to enter all your information in this form.
- After that, all your information will go to the Government of Pakistan if you are eligible for a loan you will be told.
- And if you want to know whether your request has yet been followed or not, you can learn about your request by clicking the application status button.
- Also if you want to know how much you have to pay every month and how many years you want to go to this close.
قرض کی درخواست دینے کا طریقہ کار
اس پروگرام کے ذریعے قرضہ لینے کا عمل بالکل سادہ اور آسان ہے آپ کو درج ذیل اقدامات پر عمل کرنا ہے اور آپ آسانی سے قرض حاصل کر سکیں گے
سب سے پہلے آپ کو دیے گئے ایپلیکیشن فارم کے بٹن کو کلک کرنا ہے
اس کے بعد آپ کو وہاں پر ایک فارم دیا جائے گا اس فارم میں اپنے تمام تر معلومات درج کرنی ہے
اس کے بعد آپ کے تمام تر معلومات گورنمنٹ آف پاکستان کے پاس چلی جائیں گی اگر آپ قرض کے لئے اہل ہوئے تو آپ کو بتا دیا جائے گا
اور اگر آپ کو یہ جاننا چاہتے ہیں کہ ابھی تک آپ کی درخواست پر عمل ہوا ہے یا نہیں ہوا تو آپ ایپلیکیشن سٹیٹس کے بٹن پر کلک کر کے اپنی درخواست کے بارے میں جان سکتے ہیں
اس کے علاوہ اگر آپ یہ جاننا چاہتے ہیں کہ آپ کو ہر ماہ کتنی قسط ادا کرنی ہوگی اور آپ کتنے سالوں میں یہ قرضا اتارنا چاہتے ہیں یہ تمام تعلمات جانے کے لیے آپ کیلکولیٹر کے بٹن پر کلک کریں
If you want to view your application Status Click on The following button.
Check your monthly installment plan.