2:08 pm - Saturday July 26, 2014

Prime Minister youth loan scheme procedure & Form

Prime Minister youth loan scheme procedure & Form 

LAHORE: Prime Minister Pakistan Nawaz Sharif has announced a small business loan scheme for the benefit of unemployed and educated youngsters. The scheme will help the people who want to start their own business and to utilize their abilities to boost county’s economy. From 5, 000, 00 to 20, 000, 00 could be borrowed from the government under this small bossiness loan scheme and total 1lakh loans will be distributed to the youngsters.

The mark up ratio on this loan is fixed at 8% and borrowers will have to pay back the amount with mark up in 7 years. Women are the main focus of this loan scheme as the 50% of the loan will be given to the females. Keeping in view the risk factor the government announced to bear the 50% of the losses subject to a maximum of the loan prize.

Download PM Youth Loan Scheme Form

The individual who want to get this loan should have a solid business pale and 16 years of education. At first the age limit was announced 35 years but later it was exceed to 45 years. Legible candidates can apply for the loan in National bank of Pakistan and First Women Bank of Pakistan. Respective bank will start receiving application form from the candidates from 2 Dec 2013.

For Further Info Click Here: PM Youth Loan Scheme

P M Youth Program

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Filed in: Business, Pakistan

7 Responses to “Prime Minister youth loan scheme procedure & Form”

  1. faisal shafi
    December 3, 2013 at 5:06 pm #

    sir Help

  2. gooogle
    December 3, 2013 at 7:05 pm #

    It is not youth loan scheme I think it is ancestor loan scheme because those persons are eligible who are 45 years old. the ratio of life is too short in pakistan. lucky person touch 50 years. most of become senseless and victimize diseases when they become 45 years old. the ratio of unemployment is high in graduate persons having 25 to 35 years age. these persons have energy, ideas to change the fate of Pakistan. For the sake of God minimize the limite of age for Youth Loan Scheme.

  3. Waseem
    December 5, 2013 at 9:01 am #

    Bhai mujy pury requirement btae loan k bary mein

  4. touqeer ali hashmi
    December 6, 2013 at 7:32 pm #

    Please I need the loan for business I request the shabaz sir

  5. touqeer ali hashmi
    December 6, 2013 at 7:35 pm #

    Admin sir please forword my request

  6. Adnan Mustafa
    December 7, 2013 at 7:38 pm #

    please lower the age of scheme it should be above 18 years
    plz lower the age to get loan

  7. December 8, 2013 at 8:34 pm #

    what is the procedure and term and condition for taking loan

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