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