Personal Loan Kamyab Jawan Program New Update Loan Interest Free Loan in Pakistan
Prime Minister’s Youth Business Loans
Prime Minister’s Youth Business Loan scheme is an initiative by Government of Pakistan for small businesses particularly unemployed educated youth for establishing or extending business enterprises thereby promoting entrepreneurship and reducing unemployment & poverty in Pakistan.
The scheme is planned to provide business solution for small business enterprises addressing financial requirements for business purpose which includes setting up of new business or expansion of existing business. All sectors including but not limited to small wholesalers, retailers, traders, manufacturers of the SME segment with primarily focus on young entrepreneurs.
Applicant should have some experience of relevant field or holds a business related diploma/certificate pertaining trade of proposed business setup.
Salient Features
Maximum Loan amount PKR 2 Million
Facility Type Term Loan
Borrower’s Equity 10% of Loan amount
Pricing 6% per annum
Security Guarantee and / or Immovable Property
Collateral Business Hypothecation
Applicant Age 21 to 45 Years
Quick processing
Personalized relationship management
Required documents
Prescribed Application Form signed by Customer
Valid CNIC
Financial statements
Bank statement
Feasibility Report
Contact # 0800 55 825
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