Prime Minister’s Youth Business & Agriculture Loan Scheme (January 2024)

The 15 Commercial Islamic and SMI Banks that participate in the Prime Minister’s Youth Business & Agriculture Loan Scheme aim to encourage young people to start their own businesses by providing them with access to low-interest loans.

Business licenses are available to any legal Pakistani resident between the ages of 21 and 45. The legal age for participating in electronic commercial activity is 18 years old. Only applications received through our website will be considered. There are three stages to repaying this loan.

Tier 1

There is a 0% markup within the range of 0.5 million PKR.

Tier 2

Prices start at around 0.5 million PKR and go up to 1.5 million PKR, a markup of 5%.

Tier 3

With a 7% markup, prices start at around 1.5 million and go up to 7.5 million PKR.

PM Loan Varieties

To help young people get started in business or get into agriculture, the Prime Minister has established a financing program known as the Youth Business and Agriculture Financing Scheme.

Criteria for Eligibility

Small loans for domestic small companies and agricultural projects have been initiated by Pakistani Prime Minister Mian Shahbaz Sharif. Who of the following will be eligible for extremely manageable loan payments?

Any CNIC CNIC resident between the ages of 21 and 45 who possesses an entrepreneurial spirit.

Anyone working in the field of electronic trading or online commerce must be at least 18 years old. Owners must be at least 18 years old and must have completed high school or its educational equivalent. All other businesses, including corporations, must have at least one partner or director who is at least the minimum age requirement.

Startups and existing enterprises owned by young people are also encouraged to apply.

  • Ratings for farmers will be used in agriculture based on SBP-eligible products.
  • Limitation indicators for agricultural loans.
  • In addition, Akhuwat Loan is an option.
  • Loan Program for Young Entrepreneurs and Farmers

The Loan Application Process

Borrowing money through this program is straightforward and easy; all you need to do is follow these procedures.

  • To begin, please select the Application Form link.
  • Afterward, a form will be provided for you to fill out in its entirety.
  • Then, if you qualify for a loan from the Government of Pakistan, you will be informed and your information will be sent there.
  • And if you’re curious about the status of your application, you can find out by clicking the status button.
  • You can also find out how much interest you’ll be charged and how long your loan will be for by using this method.

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

Submit an Application

  • Please use the link below to check the status of your application.
  • Verify Submissions
  • See what your regular payment schedule looks like.
  • Finance Estimator

Changes for 2023

Pakistan’s government has launched a slew of initiatives to address the country’s high unemployment rate in response to growing prices. If you are one of the many unemployed people in the world, you might consider applying for a loan in Pakistan, the repayment terms of which will give you plenty of time to get your business off the ground.

The Government of Pakistan’s Benazir Income Support Program (or Ehsaas Program) offers subsidized loans, which you can use to invest in your business if you launch it first.

If you wish to apply for the loan even if you don’t have any work experience, you can do so by filling out an online application and explaining your situation. Your application will be reviewed, and you will be informed of the program’s eligibility requirements, loan availability, and other relevant details, as well as the status of your business plan, if applicable.