PM youth business & agriculture Loan Scheme of the Prime Minister. As a result of the scheme, low-interest loans are available with subsidized interest rates. The requirements for long-term financing as well as short-term financing.
New loan schemes have been introduced by the Pakistani Prime Minister for young people. Starting a business in Pakistan is possible without paying interest. Applications for the PM youth business loan 2025 are now being accepted online. There is a PM youth business loan scheme available throughout Pakistani citizens to apply given below here.
Prime Minister’s Youth Business & Agriculture Loan Scheme
The registration fee for this program is not required. In Pakistan, unemployed people can obtain interest-free loans on easy terms to continue their businesses. Those receiving loans will receive between 5 million and 7.5 million rupees from the government of Pakistan. Although you do not need an NTN number, owning one can boost your chances of success.
Details Of PM Youth Business Agriculture Loan 2025
The information provided through Kamyab Jawan Yes is similar to that provided through this loan program. Anyone with a CNIC between 21 and 45 years old who has entrepreneurial potential is eligible. There is an 18-year-old minimum age requirement for IT and e-commerce-related businesses.
PM Youth Business Loan 2025 (PM Youth Training Scheme)
| Tier-1 | The range is 100,000 up to 1 million PKR with 3% markup. No Security required for loan in this tier. |
| Tier-2 | The range is above 1 Million up to 10 Million PKR with 4% markup. |
| Tier-3 | The range is above 10 Million up to 25 Million PKR with 5% markup. |
Akhuwat Loan Online Application In Pakistan
Eligibility Criteria For PM Youth Business & Agriculture Loan 2025
- It is almost the same information available on the Kamyab Jawan Yes Program as this loan scheme
- Entrepreneurial men and women between the ages of 21 and 45 with CNIC are eligible. Businesses related to information technology and e-commerce must have a minimum age of 18 years.
- SMEs (startups and existing businesses) defined by SBP that are owned by youth according to the age brackets above are also eligible.
- IT/E-Commerce-related businesses require at least matriculation.
- Micro and small businesses, as well as startups, are eligible for this scheme.
- A micro or small business enterprise may apply for this scheme, as well as startup company recently.
- It is not permitted to submit a physical application. Instead, application submissions must be made online.
- The minimum age for applying under this scheme is 21 years old. In the case of IT or computer-related businesses, it is, however, relaxed to 18 years old. A maximum age of 45 years is allowed when applying.
Prime Minister Business Loan 2025 Installments/Repayments
- Several options are available for loan repayment, including monthly, quarterly, bi-annually, and annual payments. Nevertheless, the repayment terms will depend on the specific type of business and the bank’s decision. In order to finalize the loan, the applicant should negotiate these terms with the bank as part of the loan approval process.
- During the grace period, the scheme allows a maximum of one year. The exact grace period will, however, be determined by the specific types of businesses and the bank’s decision. Therefore, when finalizing the loan with the bank, the applicant should discuss these terms with the lender.
- Early repayments can reduce the principal portion of a borrower’s liability during the loan tenure.
- Limiting the number of balloon payments is not possible.
- In the case of regular loans, with no overdue installments, the borrower can make as many balloon payments as he or she wants.
- With a balloon payment, the applicant can choose between reducing the loan repayment period, reducing the installment, or both.
- If an applicant repays the loan in full before the maturity date, they may do so.
PM Youth Business Loan Program 2025 Bank List
In this scheme, the following banks participate:
- Allied Bank Limited
- Albaraka Bank Limited
- Bank Al Habib
- Bank Islamic Pakistan Limited
- Bank of Khyber
- Bank of Punjab
- Sindh Bank Limited
- Soneri Bank Limited
- Habib Metropolitan Bank Limited
- Askari Bank Limited
- Bank Al Falah
- Dubai Islamic Bank Limited
- Faysal Bank Limited
- MCB Bank Limited
- Meezan Bank Limited
- First Women Bank Limited
- Habib Bank Limited
- National Bank of Pakistan
- JS Bank Limited
- MCB Islamic Bank Limited
- United Bank Limited
How To Apply Online PM Youth Business Agriculture Loan 2025
- Different Islamic and commercial banks will offer youth loans on easy terms.
- Transgender, male, and female applicants may apply for the current PM Kamyab Loan program.
- Application forms are available at www.pmyb.gov.pk for interested individuals.
- This particular scheme is intended to target young people in particular.
- Apply online by clicking given below link
A deadline for the PM youth loan scheme to be implemented in 2025.
