Youth Loan Scheme 2023: Imran Khan just starts a new scheme for Youth in 2023. PM Pakistan Started a new loan Scheme for Youth for students in Punjab Pakistan. Now students can get a loan from the Government of Punjab. Now easily students get loan if they have any skill and have the ability to start their own work.
Small business loans are concentrated (but not limited to unemployed young people, especially educated young people who are looking to start or expand businesses.
All men/women with CNIC between the ages of 21 and 45 who have entrepreneurial potential and who can apply in certain branches that are assigned to the residential / business area.
Youth Loan Scheme 2023
Apply for Online Loan Application Below
PM Student Loan Guide
Sectors and Products
All sectors. Standardized schemes /projects/undertakings will be designed by SMEDA, projects designed by private sector service providers or individuals themselves will also be admissible.
Role of SMEDA:
a) The 50 feasibilities prepared and uploaded by SMEDA will b extensively publicized and their access to public made easier through multiple linkages with other relevant websites.
b) SMEDA will work closely with Punjab Information Technology Board (PITB) to ensure that the schemes are accessible to those who participate in PITB survey.
|Application Form||The Form would be both in English and Urdu, and required minimum essential information with simple format.
The processing time will not exceed 15 days and will be so stated clearly in the application form; and
The form would be readily available both in branches and through dedicated websites of the banks.
Non – refundable form processing fee will be Rs. 100 (One Hundred)
|Monitoring||SBP will publish consolidated information about the loans extended under the scheme for information of the public on quarterly bases on its website;
An effective Complaints Center to process and resolve complaints will be set up;
E-government directorate of Ministry of IT will provide support
|Geographical Distribution||Whole of Pakistan. In case of Baluchistan, at least one branch of NBP will be designated per Division.
All non-designated branches will also provide and receive filled application forms and dispatch them to the nearest branches.