PMYB&ALS fosters youth entrepreneurship by offering business loans with favorable terms and reduced interest rates through a network of 15 Commercial, Islamic, and SME banks.
Any Pakistani citizen aged between 21 and 45 years, demonstrating entrepreneurial potential, is eligible to apply for these loans. However, for IT/E-Commerce ventures, the minimum age requirement is 18 years. To apply for the loan, individuals must submit their applications exclusively through our online platform.
Also Read: Ehsaas Program: 8171 and 25000 BISP
Youth Business & Agriculture Loan
The loans provided by PMYB&ALS are categorized into three 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
Also Read: How to apply for Youth Business & Agriculture Loan Scheme 2023