In this Video i will tell you how to apply in PM’S YOUTH BUSINESS & AGRICULTURE LOAN SCHEME
پرائم منسٹر یوتھ لون سکیم میں اپلائے کرنے کا مکمل طریقہ
Prime Minister's Youth Programme
PMYB&ALS promotes entrepreneurship among youth by providing business loans on simple terms and with less markup through 15 Commercial, Islamic and SME banks.
All Pakistani residents, aged between 21 and 45 years with entrepreneurial potential are eligible to apply for the loan. For IT/ E-Commerce related businesses, the lower age limit is 18 years. Applications have to be submitted online only through website.
Loans provided under PMYB&ALS are segregated into 3 tiers.
Tier 1
The range is 0.5 million PKR with 0% markup
Tier 2
The range is above 0.5 Million upto 1.5 Million PKR with 5% markup
Tier 3
The range is above 1.5 Million upto 7.5 Million PKR with 7% markup
Eligibility Criteria
Loan programme (PMYB&ALS)
Any Pakistani including (AJK & GB) National having CNIC or Form B with Age 18-45
