PM Youth Business Loan Scheme 2024| pmyp.gov.pk Appy Loan Form in Urdu

PM Youth Business Loan Scheme 2024

Introduction

There is good news for the youth that the PM Youth Business Loan Scheme is being started by the Prime Minister of Pakistan for 2024, its registration and online application are starting at the Prime Minister’s Youth Programme website www.pmyp.gov.pk. The main objective of this scheme is to make the youth of Pakistan stand on their own feet by which not only the youth can get rid of their financial problems but also help in the development of Pakistan. This scheme is also known as the Prime Minister’s Kamyab Jawan Program to make the youth a successful person.

With the Prime Minister Loan Scheme 2024, you can get interest-free loans in easy monthly installments. From this scheme, you can get a loan of 5 lakhs 15 lakhs, and 70 lakhs on account of your business, which is also interest-free and zero markup rate. The Prime Minister of Pakistan, Mian Muhammad Shahbaz Sharif, has reiterated that the youth loan scheme can prevent widespread unemployment in the country.

Prime Minister Youth Loan Scheme Details in Urdu

نوجوانوں کے لیے خوشخبری ہے کہ وزیراعظم پاکستان کی جانب سے پی ایم یوتھ بزنس لون اسکیم شروع کی جارہی ہے، اس کی رجسٹریشن اور آن لائن درخواست پی ایم یوتھ پروگرام کی ویب سائٹ پر شروع ہورہی ہے۔ اس سکیم کا بنیادی مقصد پاکستان کے نوجوانوں کو اپنے پیروں پر کھڑا کرنا ہے جس سے نہ صرف نوجوان اپنے مالی مسائل سے چھٹکارا پا سکتے ہیں بلکہ پاکستان کی ترقی میں بھی معاون ثابت ہو سکتے ہیں۔

وزیر اعظم لون سکیم 2024 کے ساتھ، آپ آسان ماہانہ اقساط میں بلا سود قرض حاصل کر سکتے ہیں۔ اس اسکیم سے، آپ اپنے کاروبار کے حساب سے 5 لاکھ 15 لاکھ، اور 70 لاکھ کا قرض حاصل کرسکتے ہیں، جو کہ سود سے پاک اور صفر مارک اپ کی شرح بھی ہے۔. وزیر اعظم پاکستان میاں محمد شہباز شریف نے اس بات کا اعادہ کیا ہے کہ یوتھ لون سکیم ملک میں وسیع پیمانے پر بے روزگاری کو روک سکتی ہے۔

PM Youth Business Loan Scheme 2024

Eligibility Criteria

  • All Pakistani male and female youth are eligible to apply for this loan scheme.
  • The age limit is 21 to 45 years
  • If you want to start an IT or E-commerce related business from this loan scheme then the lower age is 18 years.

PM Youth Business Loan Scheme Tiers Information

TiersTotal AmountDurationMark Up
Tier 15 Lac1 to 8 years0%
Tier 25 to 15 Lac1 to 8 years5%
Tier 315 to 75 Lac1 to 8 years7%

Documents Required to Apply for Prime Minister Youth Loan Application

Interested applicants must produce the following documents at the time of online registration at the official web portal.

  • Computerized National Identity Card issued by the National Database and Registration Authority.
  • Passport-size photographs to paste on the PM Youth Loan Scheme application form.
  • Qualification degrees if needed
  • Current bank account details.
  • Proof of any experience and skill

How To Apply for PM Youth Business Loan Scheme 2024

  • If you have decided to apply for this loan to grow your business then visit the Prime Minister’s Youth Programme website www.pmyp.gov.pk for an online application form or visit https://pmyp.gov.pk/BankForm/newApplicantForm to get a direct application form.
  • In the online form, you must put your CNIC number with dashes. CNIC issue date, Select tier from 1 year to 8 year and then ENTER.
  • After entering all information, a complete online application form will open from where you must give your complete personal and business-related information and then submit it.
  • Your application will be approved or disapproved after a survey conducted by a specialist team of the Prime Minister’s Youth Programme.

How To Check the Status of Your Online Application Form?

  • To check the status of your application whether it is approved or disapproved click on this link https://pmyp.gov.pk/pmyphome/TraceApplication.
  • A form will be opened from where you must enter the details of your CNIC number without dashes, Mobile Number, CNIC issue date, and date of birth.
  • Submit this form and a real-time application status will be shown.

Banks from Where You Can Get Business Loan

  • Bank of Punjab(BOP)
  • National Bank Of Pakistan (NBP)
  • Askari Bank
  • Habib Bank Limited(HBL)
  • Bank of Khyber(BOK)

PM Youth Business Loan Scheme Calculator

To calculate your total amount with the duration of the loan click on this link https://pmyp.gov.pk/pmyphome/Calculator.

Enter the amount you want to get from this loan scheme and the duration from 1 year to 8 years then hit the button CALCULATE.

Conclusion

So, I have completely briefed you about how to get an interest-free loan from the PM Youth Business Loan Scheme which is specifically designed for the unemployed youth of Pakistan.PM Shehbaz Sharif personally takes interest in this scheme to empower the youth

FAQs

Who is Eligible for PM Youth Loan?

Male and female youth in Pakistan whose age is between 21 to 45 years are eligible to apply for this PM Youth Loan Scheme.

How to get a loan to start a business from the Government in Pakistan?

If you are interested in starting your own business then you can apply for the PM Youth Business Loan Scheme on the online application form available at www.pmyp.gov.pk.

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