Prime Minister Youth Loan Scheme 2023-24 Apply Online

Prime Minister Youth Loan Scheme 2023-24 Apply Online

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Prime Minister Youth Loan Scheme 2023 Apply Online

Pradhan Mantri Yuva Loan Yojana Apply Online. The caretaker government has started giving loans to the residents of Pakistan. These loans are being given for farming and business. People who have experience or skill in a business and do not have money to start it. Therefore, the government is giving them loans so that they can stand on their own feet by starting their own business and create a future for their children.

The Prime Minister’s Business Youth Loan and Agricultural Loan Scheme provides business loans at easy installments and at very low markups through 15 commercial Islamic and SME banks to promote entrepreneurship among the youth.

All Pakistani residents aged 21 to 45 years. People with professional experience are eligible to apply for the loan. The minimum age limit for IT or e-commerce related business is 18 years. Applications can be submitted online only through our website. The loans provided under Pradhan Mantri Yuva Lawn Business are divided into three tiers.

tier 1: 0.5 million in the first category with zero markup

tier 2: Loans range from Rs 0.5 million to Rs 1.5 million with a 5% markup

tier 3: Loans range from Rs 1.5 million to Rs 7.5 million with a 7% markup

You can also read and register for registration in Ehsaas Program 8171 NADRA

Prime Minister Youth Loan Scheme 2023-24 Apply Online

PM Yuva Loan Scheme

instructions to the applicant

  • Those applying in Tier 1 should consider the following factors
  • National Role Support Program is working only in Turbat Tehsil of Balochistan Province
  • ThirdDeep Microfinance Foundation is working only in Sindh province
  • Daman Assistance Program is working only in Punjab Province
  • No branch of the National Rural Assistance Program is functioning in Gilgit-Baltistan.

Disclaimer

Important information for those who have applied for the loan scheme

At the previous stage you are informed that your loan application under the previous stage of the loan scheme has not been processed as the scheme was being reviewed to make the scheme more convenient for the consumers, hence now the Government of Pakistan Prime It has been decided to issue the Minister. Youth Loan Scheme.

Business and Agriculture Loan Scheme has been launched which also provides interest free loan, hence you are requested to apply again for which you have to fill the online form available on PM Youth Program portal. Is. After that, your request will be processed, Pradhan Mantri Yuva Loan:

You can also read Ehsaas Nashonuma Program

Required Documents

You must have the following scanned documents and photographs before starting your application.

  • passport size photograph
  • National Identity Card Front
  • national identity card back side
  • Latest Educational Degree Vasnad Matric Intermediate Graduation Masters Ph.D. Etcetera. Experience certificate if any
  • License/Registration with trade body or chamber, if applicable
  • Recommendation letter for provision of loan from the concerned Chamber of Commerce or Union in case of existing business.

You must have the following information before starting the application

  • If you do not have a National Tax Number, please register at this link
  • Customer Identification Number of electricity bill delivered to the current address
  • Current office address, if applicable Electricity bill identification Customer number
  • Full registration number of any vehicle registered in your name, if applicable
  • Names of any two persons other than the National Identity Card number and mobile number of their next of kin
  • Estimate of monthly business income, business expenses, household expenses and other income in case of new business, while actual business income in case of existing business includes business expenses, household expenses and residual income.

Read: BISP Program Check by CNIC

Comment

  • Sign up to submit an application
  • The mobile number on which the bank will contact. This number should be in your name.
  • If the above information is available it may take as little as 15 minutes to complete this application
  • The form can be completed once and submitted or a draft can be saved for later submission
  • Please upload as much information as possible for better review of your application, such as business credit reports, bank statements for the last six months, financial statements, etc.
  • After submitting the form, the registration number of your application will appear on the screen and an SMS will also be sent to your registration number. Please keep this registration number safe with you.
  • You will receive an SMS when your application is sent to the next stage, but you can also check the status of your application on the official website of the Jawan Programme.




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