prime minister youth loan scheme 2023 online apply | prime minister youth loan scheme application status

Prime minister youth loan program 2023 is started in Pakistan. The peoples of Pakistan can apply for the prime minister youth loan program. The terms and conditions for the online apply for prime minister youth loan program 2023 are mentioned below.
The Prime Minister's Youth Loan Program (PMYLP) is an
initiative of the Government of Pakistan, launched in 2013. The program is
designed to provide financial assistance to entrepreneurs between the ages of
18 and 45 who are interested in starting or expanding a business. The program
provides loans ranging from PKR 50,000 to PKR 2 million at a discounted rate of
interest up to 8 percent. The program is also open to potential borrowers who
have already started or are running a business, provided that the business has
been in operation for at least one year.
The program is expected to continue into 2023. The
government continues to support the program by providing financial assistance
and support to potential borrowers, including those who qualify for the PMYLP.
The program is also open to the public, allowing anyone to apply for the loans.
Furthermore, the government has recently announced that the
program will also be expanded to include women entrepreneurs, making the
program even more inclusive. The government has also launched a number of
initiatives to increase awareness of the program, such as seminars and
workshops targeting potential youth entrepreneurs.
In addition, the government is also actively working to
improve the program and make it more accessible to the public, such as the
introduction of a web-based system for loan applications, which will reduce the
time and effort required to submit applications.
Overall, the Prime Minister's Youth Loan Program is an
important initiative of the Government of Pakistan, and it is likely to remain
popular in the coming years. The government is actively working to improve the
program and make it more accessible to the public, which should help to
encourage more people to take advantage of this opportunity.

how to apply for prime minister youth program?

Prime minister youth can be applied through the concerned website if the candidates full filled the given criteria for prime minister youth loan program 2023.

PM Youth Business Loan 2023 Eligibility, Application Form, How To Apply for PM Youth Business, Agriculture, Dairy Loan Program

Required documents for online apply on prime minister youth loan program.

You need to fill the PM Youth Business Loan Application form

that link is given below after the read all given instructions for online apply

at the pm youth loan program 2023;

You must have scanned copies / clear visible pictures of

following documents ready before you start your application for the prime

minister youth loan program 2023:

Passport Size Picture
CNIC – Front Side
CNIC – Back Side

Latest Educational degree / certificate, if and whichever

applicable: Matric, Intermediate, Bachelors, Masters, PHD etc or any experience

certificate which you have to apply for prime minister youth loan program.

See expect from advertisement

Prime Minister Youth Business Loan 2023 Tiers Details

Tier-1	The range is 100,000 up to 1 million PKR with 3% markup. No Security required for loan in this tier.
Tier-2	The range is above 1 Million up to 10 Million PKR with 4% markup.
Tier-3	The range is above 10 Million up to 25 Million PKR with 5% markup.

prime minister youth loan scheme details in urdu

Prime minister youth loan program 2023 in urdu and English description are mentioned below. Note: the urdu terms is drives from the google translation. So the jobspkrpl will not be responsible for any mistake and we are not offering any kind of loan however we are just advertised here for the help of peoples which have difficulties to apply on prime minister youth loan program.

List of Banks for PM Youth Business Loan Program 2023

Following banks are participating in Prime Minister Youth loan program scheme:

Allied Bank Limited
Askari Bank Limited
Bank Al Falah
Bank Al Habib
Albaraka Bank Limited
Bank Islamic Pakistan Limited
Bank of Khyber
Bank of Punjab
Dubai Islamic Bank Limited
Faysal Bank Limited
First Woman Bank Limited
Habib Bank Limited
Habib Metropolitan Bank Limited
JS Bank Limited
MCB Bank Limited
Meezan Bank Limited
MCB Islamic Bank Limited
National Bank of Pakistan
Sindh Bank Limited
Soneri Bank Limited
United Bank Limited

Installments/Repayment of PM Business Loan 2023

Prime minister youth Loan can be repaid in equal monthly, quarterly, bi-annually or annually installments. However, the exact repayment terms would depend upon the specific business types and banks’ decision as per the terms. The applicant is encouraged to negotiate these terms at the time of finalization of loan with the bank as per the terms of loan.
Prime minister youth loan Scheme allows a maximum of 1-year grace period. However, the exact grace period would depend upon the specific business types and banks’ decision as per the terms. The applicant is encouraged to negotiate these terms at the time of finalization of loan with the bank as per the given terms.
Applicants can make early repayments during the loan tenor which would reduce the principal portion of their liability for pm youth loan scheme.
There is no limit on the number of balloon payments for this scheme.
A borrower can make balloon payments only if the loan is regular, that is there are no overdue installments as per description.
An applicant making balloon payment has the option to reduce the loan repayment period, or have the installment reduced or opt for a combination of both of these options as per the description.
An applicant can repay the loan in full any time before the loan maturity date as per the terms.

Terms of Reference as mentioned in concerned website for prime minister youth loan program:

The first term is as "The open competition rewards outstanding single images across the theme, “Impact of Climate Change on the Eco-System of Pakistan (floods, droughts, heatwaves, Glacial Lake Outburst Flood –GLOF, e.t.c.)" as per the given criteria.
The second term for the prime minister youth loan program 2023 is "Photographers should consider the category description when entering their work. Jury will be looking for good composition, creativity, and clear photographs" as mentioned in terms.
The third term is "The Higher Education Commission (HEC)/PMYP reserved all the rights to use the picture(s)" as mentioned.
The fourth term is "By entering the photography competition, you hereby accept these Competition Rules and the Terms and Conditions" as per website terms.
The fifth term is "The competition is open to all youth between 15-29 years" as mentioned in given criteria.
The sixth term is "Entries must be submitted by February 20, 2023 – at 11:59 pm" for PM youth loan program.
The seventh is "By entering the competition, you agree and acknowledge that the HEC/PMYP is permitted to receive your registration data and all personal information will be used by the HEC/PMYP" as per given term for youth loan online apply.
The eight term is "Participant will submit their entries through PMYP portal www.pmyp.gov.pk" to apply online for youth loan program.
The ninth term is "Images must be taken recently or within last six months, and entries should be based on the following information" to apply for youth loan online.
The tenth is "Images should be no larger than 10 MBs" to apply for youth loan.
The elenth term is "Image submitted should be original and unedited
Evaluation" as per given criteria.
The twelve term is "A top three photographs from each category will be selected by the jury" as mentioned terms.
The thirteen term is "The decision of the jury will be final, and no negotiation will be entered into with respect to any such decision".
The next term is "Each Entrant can submit only one image".
The next term is "The HEC reserves the right, in its sole discretion, to disqualify and remove any entry that does not comply with the following requirements, even after the entry is submitted. You warrant and represent, in respect of entry submitted by you as follows" as mentioned.

The candidate should be disqualify if the bellow criteria will not be comply.

The first term is "You are the sole owner of the submitted image".
The second "Image does not contain any infringing, threatening, false, misleading, abusive, harassing, libellous, defamatory, vulgar, obscene, scandalous, inflammatory, pornographic or profane content" to apply for the youth loan program.
Third is "Image does not contain any material that could constitute or encourage conduct that would be considered a criminal offence, give rise to civil liability, or otherwise violate any law and if the image does not infringe upon the copyrights, trademarks, contract rights, or any other intellectual property rights of any third person or entity, or violate any person’s rights of privacy or publicity" to apply for the pm youth loan program 2023.
The fourth term for youth loan program 2023 is "You confirm that each person depicted in the image has granted permission to be portrayed as shown".
The fifth term to apply online for prime minister youth loan program is "All Entrants understand that the image information, including image name and description, must be provided".
The sixth term is "The HEC assumes no responsibility for any incorrect, inaccurate or incomplete information, whether caused by website users or by any of the equipment or programming associated with or utilised in the Competition, and the HEC assumes no responsibility for technical, hardware or software failures of any kind, for lost network connections, garbled computer transmissions, other problems or technical malfunctions with regard to the Competition" to apply for prime minister youth loan programm 2023.
Another term is you agree to participate in related publicity and to the use of your name and likeness for the purposes of advertising, promotion and publicity without additional compensation to apply for pm youth loan program.
Another term is also mandatory that all Entrants must be able to supply a high-resolution image suitable for printing in media and an exhibition should the image be required to apply for the prime minister youth loan program.
Prime minister youth loan program is also required the terms of the jury will select top three winners’ image from each category, and winners will be given cash prizes (1st winner Rs. 200,000/-, 2nd winner Rs. 150,000/-, 3rd winner Rs. 100,000/-) as per the given criteria for the pm youth loan program.
An other term is "Jury Members/Judges The Competition Jury will comprise of 3 experts / jury members, Social media expert, Professional photographer, Environmentalist, Competition entries will be accepted through portal in the following categories as per the given description.
Category 1: Young People aged between 15 to 22 for the first category.
Category 2: Young People aged between 23 to 29 for the second category.
The above-mentioned terms are mandatory to apply for the prime minister youth loan program 2023. The candidates which have fulfilled the above mentioned criteria, can apply for the prime minister youth loan program 2023.

Prime minister youth loan program apply online | online youth program| apply online

Prime minister youth loan program for the Pakistani citizens: Click Here

معزز درخواست گزار

اپنی درخواست شروع کرنے سے پہلے آپ کے پاس مندرجہ زیل سکین شدہ دستاویزات اور تصاویر موجود ہونی چاہیئں۔

پاسپورٹ سائز تصویر

قومی شناختی کارڈ – سامنے والا حصہ

قومی شماختی کارڈ – پیچھے والا حصہ

تازہ ترین تعلیمی ڈگری و اسناد: میٹرک، انٹرمیڈیٹ، بیچلرز، ماسٹرز، پی ایچ ڈی وغیرہ

ایکسپیرینس سرٹیفیکیٹ، اگر کوئی ہو۔

لائسنس/کسی تجارتی ادارے یا چیمبر کے ساتھ رجسٹریشن، اگر لاگو ہو

موجودہ کاروبار کی صورت میں متعلقہ چیمبر/ تجارتی ادارے یا یونین کی جانب سے قرض کی فراہمی کے لیے تجویزی خط

درخواست شروع کرنے سے پہلے آپ کے پاس مندرجہ زیل معلومات کا ہونا ضروری ہے:

https://fbr.gov.pk/categ/register-income-tax/51147/30846/71148 نیشنل ٹیکس نمبر، اگر آپ کے پاس نہیں ہے تو براہ کرم اس لنک پر رجسٹر کریں:

موجودہ پتے پر آنے والے بجلی کے بل کا شناختی صارف نمبر

موجودہ دفتر کے پتے پر آنے والے بجلی کے بل کا شناختی صارف نمبر، اگر قابل اطلاق ہے

آپ کے نام رجسٹر ہوئی کسی بھی گاڑی کا مکمل رجسٹریشن نمبر، اگر قابل اطلاق ہو۔

اپنے قریبی رشتہ داروں کے علاوہ کسی بھی دو افراد کے نام، قومی شناختی کارڈ نمبر اور موبائل نمبر

انئے کاروبار کی صورت میں ماہانہ کاروباری آمدنی، کاروباری اخراجات، گھریلو اخراجات اور دیگر آمدنی کے تخمینے، جبکہ موجودہ کاروبار کی صورت میں حقیقی کاروباری آمدنی، کاروباری اخراجات، گھریلو اخراجات اور باقی آمدنی۔

نوٹ

درخواست جمع کرانے کے لئے سائن اپ کریں

جس موبائل نمبر پر بنک آپ سے رابطہ کرے گا. اس نمبر کا آپ کے نام پر ہونا ضروری ہے۔

مذکورہ بالا معلومات کی دستیابی کی صورت میں یہ درخواست مکمل کرنے میں کم سے کم 15 منٹ درکار ہوں گے

آپ فارم ایک بار میں بھی مکمل کرکے جمع کروا سکتے ہیں یا بعد میں جمع کرانے کے لیے ڈرافٹ محفوظ کر سکتے ہیں۔

براہ کرم آپ کی درخواست پر بہتر طریقے سے نظر ثانی کرنے کے لئے ذیادہ سے ذیادہ معلومات اپلوڈ کریں۔ مثلا کاروبار کی فزیبیلٹی رپورٹ، پچھلے 6 مہینے کی بینک سٹیٹمنٹ، مالی گوشوارے وغیرہ۔

فارم جمع کرانے کے بعد آپ کی درخواست کا رجسٹریشن نمبر اسکرین پر آئے گا اور آپ کے رجسٹرڈ نمبر پر ایس ایم ایس بھی بھیجا جائے گا، براہ کرم اس رجسٹریشن نمبر کو اپنے پاس محفوظ رکھیں۔

جب آپ کی درخواست اگلے مرحلے میں بھیجی جائے گی تو آپ کو ایس ایم ایس موصول ہوگا، تاہم آپ جوان پروگرام کی آفیشل ویب سائٹ پر بھی اپنی درخواست کا سٹیٹس چیک کر سکتے ہیں۔

FAQ's

How do I get a PM youth loan?

Eligibility Criteria

SMEs (Only one of the Owners, Partners or Directors must be in the age bracket 21 and 45)
All Citizen of Pakistan holding CNIC aged between 21 and 45 years with Entrepreneurial potential.
IT/ E-Commerce businesses the lower age limit will be 18 years.

How can I get youth loan in Pakistan?
All citizens of Pakistan holding CNIC, aged between 21 and 45 years with entrepreneurial potential are eligible. ...
Above age limit condition is applicable on individual and sole proprietors. ...
New & established SME businesses from all sectors (including agriculture) can avail fresh financing.

What is the interest rate of Prime Minister youth loan Scheme?

Tier-1 loans will be clean, however, only personal guarantee of the borrower is required. For tier-2 and tier-3 loans, security requirements is as per executing banks' own credit policy. Vehicle financed under T1, T2 and T3 to serve as collateral.

What is the age limit for loan?

You should be aged between 21 years and 67 years* You need to be a resident of India. You should be working for an MNC, private or a public limited company. You should have a minimum CIBIL score of 750.