Kamyab Jawan Program Loan Scheme || Online Apply 2022
Introduction:
As a feature of the Prime Minister's vision of making positions for the young, the Government presented the Prime Minister's 'Kamyab Jawan - Youth Entrepreneurship Scheme (YES) for the arrangement of sponsored business funding. This program has been created with a plan to set out more work opportunities and give means for young people to find success in their picked profession ways and support SME development.
Loan Scheme
Youth Entrepreneurship Scheme advances business among youth by giving business credits based on simple terms & conditions and with less markup through 21 onboard Commercial, Islamic, and SME banks.
Every Pakistani resident, who matured somewhere between the range of 21 and 45 years with potential is qualified to apply for the credit. For IT/E-Commerce-related organizations, the lower age limit is 18 years. Youth Entrepreneurship Scheme is for the two new companies and extension of existing organizations across Pakistan. Loan applications must be submitted Online (hyperlink) just through our site.
Kamyab Jawan Program was launched by Prime Minister to help the jobless youth of the nation through financial and specialized help.
Soft loans from Rs10,000 to Rs 5 million will be given to the jobless young people of Pakistan to lay out their own businesses.
When the Kamyab Jawan Program was launched, it broke every one of the past records as north of 200,000 youth applied for the loans in something like three days of time.
However, a greater part of individuals is facing hardships to apply online.
Here is the step-by-step guide for you to fill out the form for a loan.
Loans provided under YES are isolated into 3 levels.
Level 1
The reach is 100,000 up to 1 million PKR with a 3% markup. No Security is expected for loans at this level.
Level 2
The reach is over 1 Million up to 10 Million PKR with a 4% markup.
Level 3
The reach is over 10 Million up to 25 Million PKR with a 5% markup.
1. Main Page Link
2. Apply Link
3. Trace Application
4. Loan Calculator
5. Loan Statistics
FAQs
Could a loan be applied physically in branches?
No physical application form is required. All applications must be submitted online at the following link OR Click Here
Can a non-resident Pakistani apply for these Loan Applications?
No. This plan is just for Residents of Pakistanis.
Can government workers apply?
No. Government employees are completely barred from applying under this plan.
Does any gender have any need?
There is no gender separation in this plan and candidates of all genders are offered equal opportunities. However, taking into account the ground real factors and to safeguard the fair genders, at least 25% share on the total basis of all credits is saved for ladies.
What are the minimum educational requirements for a candidate?
There is no general requirement of the minimum education, however, it will be a great thought for direction by banks. However, in the event of organizations that mandatorily require specific capability, confirmations, recognitions, approvals, or licenses, a similar should be held by the candidate.
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