CM Loan Scheme Archives - CM Punjab Schemes 2025

Are you a Pakistani youth with an amazing business idea but no capital to realize it? Or, are you good at academics and want to earn a living doing something else? Have you been limited by financial constraints? The PMYB&ALS (PM Prime Minister's Youth Business & Agriculture Loan Scheme) is more than a government program- it is simply "a push" to start an army of entrepreneurs: not just small businesses, but agriculture businesses, too. Put simply, you have a unique chance to turn your creative initiative from a hobby to a profit. How to Apply: Your First Step to Success Applying for the PMYB&ALS has been made as easy as possible. The entire process is online, meaning you will not have to go to a bank branch just to hand in your application. Go to the Official Portal: Go to the official Prime Minister's Youth Program portal: https://pmyp.gov.pk/. This is the only place you will need to go for anything related to this scheme. Complete the Online Application: The portal includes an easy online application form that you can fill out in either English or Urdu. Make sure you fill out all the required fields, and make sure you fill out your details, business details, and details of the loan you want. Choose Your Bank: You will be able to choose from a list of banks that are on the financial institution list. You will choose a bank that you want to apply to. These banks are the executing agencies (EA) that will be processing your application for the loan. Submit Your Application and Track Your Loan: After you submit your application form, you will be given a tracking number. You can use this number to track the status of your loan application on the portal. You will be able to track your application status from submission to decision to approval. Prime Minister Youth Loan Eligibility Criteria The Prime Minister's Youth Business & Agriculture Loan Scheme is made accessible to everyone, but certain conditions must be met to ensure that loan recipients have the full potential to utilize funds effectively. Citizenship: Valid CNIC holders of Pakistan are eligible. Age: All applicants must be between 21 and 45 years old, except for IT and E-commerce applicants, who may be as young as 18 years old. Entrepreneurial Ability: You must have a viable business idea (for a new project) or you currently have a business that you want to grow. Gender inclusion: 25% of funding is reserved for women, fostering female entrepreneurship across the nation. Loan Tier Loan Amount (PKR) Mark-up Rate (p.a.) Security Requirements Tier 1 Up to 0.5 Million 0% (Interest-Free) Clean (Personal guarantee only) Tier 2 0.5 Million to 1.5 Million 5% Clean (Personal guarantee only) Tier 3 1.5 Million to 7.5 Million 7% As per the bank's credit policy Key Features: Why This Scheme is Different Unlike traditional lending programs, the loan program has differentiated and supporting features which is targeted at youth entrepreneurs: Tiered Loan Structure: The program is structured into three tiers with different loan limits, along with subsidized mark-up rates. So, it is more affordable for projects of all sizes. Low Mark-up Rates: Some subsidized rates are 0% for tier 1 loans. The financial burden is vastly reduced for the young entrepreneurial population. Loan Tenor: Long-term loans with tenor of 8 years or less, including grace periods of up to 12 months,s are allowable, allowing ample time for business to develop. All Sector Coverage: The program has widespread sector coverage, which includes agriculture, IT, and general business; it provides opportunities for a range of young people. Also Read: Honhaar Scholarship Program Final Words The Prime Minister's Youth Business & Agriculture Loan Scheme is more than just 'money' - it is an investment in Pakistan's youth of tomorrow. It is a chance to go from being an employee to an employer or from a job seeker to a job creator. The government is attempting to provide access to both capital and support for the next generation of business leaders. Do not let this opportunity fizzle! Start today and begin your journey towards self-sufficiency in wealth and prosperity. Click Here To Apply Frequently Asked Questions (FAQs) Q: Can I apply for more than one loan? A: A customer may avail up to two loans (one long-term and one short-term) within the overall maximum financing limit of PKR 7.5 million. Q: Are there any processing fees? A: There is a minimal processing fee of PKR 100, which also includes the NADRA online CNIC verification fee. Q: Is there any special quota for women? A: Yes, 25% of the total loans are reserved for women to encourage and support female entrepreneurship. Q: Do I need to have an existing business to apply? A: No, the scheme is for both new businesses (start-ups) and the expansion of existing ones.

Prime Minister Youth Loan: Online Apply, Eligibility Criteria, Age Limit

CM Punjab Asaan Karobar Loan Scheme 2025: Application Procedure, Eligibility Criteria & Last Date To Apply