Prime Minister Youth Loan Business Scheme Final Details

Nov 22, 2013 04:24 am
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pm youth loan scheme

Prime Minister Youth Loan Business Scheme Final Details – PM Youth Loan and Qarz e Hasana Scheme Detail, Application Forms, How to Apply, Application Procudure and Eligibility Criteria – PM Nawaz Sharif Schemes 2013

prime minister loan scheme full detail

Guidelines for Prospective Loan Applicants

SMEDA has taken the initiative of developing pre-feasibility studies in fifteen sectors, and as per directions of the Prime Minister, has made them available to new start–up SMEs, through the SMEDA website, for the promotion of an entrepreneurial culture in Pakistan. To date, our website has recorded more than 117,000 downloads of the published pre-feasibility reports.

These prefeasibility studies provide a general understanding of the proposed business, and are structured like a business plan. However, to assist the prospective entrepreneurs / loan applicants, SMEDA will provide a template for business plan preparation and requisite guidelines for the loan applicants, as soon as the loan application forms are made available by the participating banks on their respective websites.

For further details, please contact: NBP, FWBL


Features of PM Youth Business Loan Scheme

Purpose of Scheme:

To provide small business loans in shape of Term loan focus on (but will not restricted to) unemployed youth, especially educated youth looking for establishing or extending business enterprise.

Eligibility Criteria

Females age between 21 to 45 year having ability to start their own business or intend to expand the existing business. Applicant should have some experience of relevant field or holds a business related diploma/certificate pertaining trade of proposed business setup.

Pricing / Markup Rate : 8%


Maximum  7  years.  The  tenor  will  depend  upon  the  nature  of  business,  pattern  of  income  and repayment capacity.

Finance Limit

Minimum : 500,000 Rs.

Maximum : 2,000,000 Rs.

Processing Time:

Processing  time will  not exceed 15 working days after  submission of  complete basic documents by the applicant.

Borrower’s Capital : 10% of Loam Amount

Collateral / Security:

From Rs. 500,000/- to Rs 749,999/- will be secured against Hypothecation of stocks/Assets & two personal guarantees of high net/credit worthy individuals including one of government servants minimum in BPS 17.

From Rs. 750,000/= up-to Rs 2,000,000/= will be secured against tangible securities such as Lien on deposit certificates, property mortgage, pledge of gold ornaments, Pledge of stocks.

Repayment of the Loan

Equal monthly installments with grace period of 6 months for principal payment Sector and Products

Sectors and Products

All sectors. Borrowers will be encouraged to obtain standardized schemes/projects/undertakings from SMEDA or any other body but this will not be mandatory for the borrower.

For Prime Minister’s Youth Business Loan Scheme Support click here

Please contact on below mentioned Contact no. for Prime Minister’s Youth Business Loan Scheme : 03311006767



Social Media Comments

  1. aisha kashif Author Apr 21, 2014 04:34 pm

    next baloting kab tak hougi last month bhi balloting nahin hui

    Reply to this comment
  2. Wajahat Ali Author Apr 21, 2014 11:47 am

    Sir I want to get Loan of Rs. 5,00,000/- for out season vegetable fertile Please tell how I got this what are the terms and conditions

    Reply to this comment
  3. Mujahid Iqbal Author Apr 21, 2014 06:55 am

    Mujhay Alhamdu Lilah payment ho gai hay, main apna, business start ker deya hay, Allah k fazal say main khushal ho gaya hoon. Main prime minister ka shukker guzaar hoon k aisay khawaab dekhnay ka maoqa muhayya Kia.

    Reply to this comment
  4. Javaid Bashir Author Apr 18, 2014 06:52 am

    Prime Minister's Youth loan Scheme is another ikk-conceived bureucratic idea. It is a great Shame that we are wasting tax money on such uselless scheme. What sort of business these people would engage in. All the businesses require certain specific qualifications and skills. We need to first provide the necessary training and hone their skills . They must have aplan before they invest time effort and loan money in a venture without requisite skills.More over the loas award criterion is not specific. Who would decide the winners.Another aspect of the Scheme is that the administration of the scheme has been given in the hands of the FIrst Daughter. It is not a poitical enterprise that she should be accommodated there. What sortof experience or quakificatin does she has ? I am not sure that she can handke the Jb without any finance bacjground.Over all it is a bad scheme and waste of tax payors money.

    Reply to this comment
  5. irfan Author Apr 17, 2014 12:26 pm

    ASLAM O ALIKOM Sir ap ne loan ka to allaan kr dia magr ab jis k pass proprti apni na ho wo kya kry?na garnted mily.Help me P.M SHAb Help me.

    Reply to this comment
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