Wed. May 29th, 2024
Youth Business Loan Scheme Online Registration New Update

Youth Business Loan Scheme

Youth Business Loan Scheme Looking at poverty and inflation, the government of Pakistan has announced great news for the people. That is great news for those who are poor and deserving people who have completed their education but do not have any government jobs or are unemployed. They can now start their business by getting a good loan from the Pakistani government without any conditions.

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This loan is being provided so that the unemployed people of Pakistan can get a good job. You can run your business in this scheme. You are easily told all the information so that you and every common person can join this program and get your money if you want to join this program. And want to get their money after joining the program i.

PM Youth Program Loan Scheme

e. loan is absolutely easy. The government of Pakistan has made it easy so that people can benefit from this program and they don’t face any problems. The government of Pakistan has created this scheme specially for poor and deserving people so that they can start their businesses. If they don’t have a job, then it doesn’t matter. They can start their own business and get loans at easy rates.

Will be able to. You are being told that there are three types of programs in it: the first one in which you can get a loan up to five lakhs, the second one in which you can get a loan up to 10 lakhs, and the third one in which you can get all the information you want. is given

Youth Business Loan Scheme Online Registration New Update

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PMYP Gov Pk Portal Apply Online

You can get customized if you want a loan of up to 50 lakhs, then you can get it on easy terms; the conditions will be that you know what business you want to do and the business you are going to do. If you have experience in this and you don’t want to do any work in which there is a risk of sinking your money, the government of Pakistan has decided to provide maximum facilities to the people so that they can live a good life.

Pakistan must have economic development as soon as the people of Pakistan will develop. It is the development of Pakistan, so the government of Pakistan is determined to help the people every month, every year, and every day, every new program is introduced. In order to create facilities for the poor people, these facilities will be created. Pakistan will develop, 

so if you have not joined this program before, it is also being provided by the Akhut Program, that is, by the government scheme. Loan in which you don’t have to pay any interest. You have to submit your information, which is asked for. As soon as you submit your information, you will be informed that your registration process is complete.

PM Youth Program 2024 www.pmyp.govt

So you can get your money at any time, which is an easy procedure. The government of Pakistan wants poor and deserving people to do their own business instead of getting good jobs while doing their own business. So that they can live a good life, now you are getting a loan of five lakh to five million from the government of Pakistan without any interest in easy instalments only on the provision of an identity card.

Loans up to 50 lakhs are given in very easy terms where you are told only easy procedure, there is no difficult procedure so that we can ensure it to every commoner. So that only educated youth can benefit from it, it is being ensured to every person who knows business or has done business before.

How To Apply For A Youth Loan Scheme?

If you want to get a loan, get it for free, and get it easily, then all these procedures are for you.

  • First of all you have to go to the official website of the government of Pakistan, which is providing the loan, and after going there, you have to click on the registration button.
  • You will be told three ways; you will be shown three types of programs, 5 lakhs, 10 lakhs and personal loans.
  • Click on the one you want to borrow; after that, you must enter your ID card number, ID card information and phone number.
  • After entering all this, a registration form will open before you. You have to submit all your information in the form.
  • You will receive a confirmation shortly after that detailing what is requested.
  • Your registration process is complete, and you have to select the bank as soon as you select the bank.
  • Your loan will be disbursed in the same bank in 10 to 15 business days, and you can start any business with your loan.
  • And get a good job. The government of Pakistan wants you to get a good job so that you don’t reach out to anyone but stand on your own feet.

Prime Minister Loan Scheme for House 2024 List of Bank

  1. Meezan Bank Limited
  2. Allied Bank Limited
  3. Bank Al Falah
  4. Habib Metropolitan Bank Limited
  5. MCB Islamic Bank Limited
  6. Albaraka Bank Limited
  7. Askari Bank Limited
  8. Dubai Islamic Bank Limited
  9. JS Bank Limited
  10. Sindh Bank Limited
  11. Bank Al Habib
  12. Bank Islamic Pakistan Limited
  13. Bank of Khyber
  14. Bank of Punjab
  15. Faysal Bank Limited
  16. First Woman Bank Limited
  17. Habib Bank Limited
  18. Soneri Bank Limited
  19. United Bank Limited
  20. MCB Bank Limited
  21. National Bank of Pakistan

The following paperwork is required to be presented with the application:

You must have all these things if you want to apply for a loan

  • So you should have two passport-size photographs.
  •  The ID card must have two photographs
  • Educational diploma if you have completed any education
  • Two experience certificates if you have started a business recently
  • Registration with the Chamber of Commerce i.e., Freelancing if applicable
  • A letter of recommendation from the relevant Chamber of Trade or Union is mandatory in case of existing business
  • If you are doing business, then its nature should be recorded on paper with all its information.
  • If you have got a loan earlier, all the details

Prime Minister Youth Program Loan 2024 Tires Detail

Tier 1The range is 0.5 million PKR with 0% markup
Tier 2The range is above 1.5 Million up to 7.5 Million PKR with 7% markup
Tier 3The range is above 1.5 Million upto 7.5 Million PKR with 7% markup

Final Words

This is one of the many initiatives taken by Adam Shehbaz Sharif to empower the youth of Pakistan. Any person who is more than 21 years and less than 45 years and can apply and get the loan has been allocated by the Government of Pakistan in this regard so far.

And thus now she wants to increase this budget as much as possible. Shahbaz Sharif started this scheme And now the government wants to expand this scheme more and help poor people to start their own business.

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