Interested in the Pakistani entrepreneur opportunity? Now you can get the PM youth loan scheme 2025 online apply here. The PMYBL Loan Scheme by the Pakistani Prime Minister has less markup. PM Business loans will be provided by banks(Punjab bank, National Bank, Askari Bank, Habib Bank Limited, Meezan Bank).
PM Youth Loan Scheme 2025 Online Registration Form
This loan is available whenever you need it. PM Loan scheme criteria apply to all banks in Pakistan. Banks can only be applied for once. A maximum of 8 years is allowed for repayment of the loan. NTN numbers are not required to apply, but they increase your chances.
Prime Minister Loan Schemes 2025 Eligibility Criteria
- Kamyab Jawan Yes Program has almost the same information as this loan scheme.
- Eligible are CNIC holders aged 21-45 with entrepreneurial potential. SMEs (startups and existing businesses) in the above age brackets also qualify as SBPs.
- Business in IT/E-Commerce requires at least matriculation.
- Startups, as well as small businesses, can participate.
- The maximum loan size increased recently, but you can still reapply.
- No physical applications. Online applications only
- To apply, you must be 21. For IT and computer businesses, it’s 18 years. The age limit for application submission is 45 years.
- Business partners and directors must comply with this scheme’s age limits (21-45 years).
- Education is not a requirement but will be beneficial
- The scheme is also available to small businesses.
- Family members cannot apply for each other.
- Pakistani residents only
- We cannot combine loans.
- Banks where blood relatives are employed cannot offer loans under this scheme.
- Applicants must not be government employees.
- This scheme is open to all ethical businesses.
- The applicants are advised to select ethical, legal, commercially viable, and suitable businesses for their respective areas.
You May Also Apply:
Installments/Repayment Of prime Minister Loan Scheme 2025
- Business types and banks’ decisions will determine the exact repayment terms. Banks encourage applicants to negotiate these terms at loan closing.
- The grace period is one year. Banks’ decisions will determine the exact grace period. At the time of loan finalization, the applicant may negotiate these terms.
- Early repayments can reduce the principal portion of the loan.
- Balloon payments are unlimited.
- Loans cannot be balloon repaid if there are overdue installments.
- You can repay loans in full before maturity.
The Following Banks Are Participating In This Scheme
- Allied Bank Limited
- Askari Bank Limited
- Albaraka Bank Limited
- Bank Al Falah
- Bank of Khyber
- Bank of Punjab
- Bank Al Habib
- Bank Islamic Pakistan Limited
- Dubai Islamic Bank Limited
- First Women Bank Limited
- First Women Bank Limited
- Faysal Bank Limited
- Habib Metropolitan Bank Limited
- Habib Bank Limited
- JS Bank Limited
- Meezan Bank Limited
- MCB Islamic Bank Limited
- MCB Bank Limited
- National Bank of Pakistan
- Soneri Bank Limited
- Sindh Bank Limited
- United Bank Limited
How To Apply Online For PM Youth Loan Scheme 2025?
- Before starting your application, you must have scanned copies of these documents:
- An image the size of a passport
- Front and back of CNIC
- Educated to at least matriculation level, intermediate, bachelor’s, master, Ph.D. etc.
- If applicable, experience certificates
- If applicable, license/registration
- In the case of an existing business, a recommendation letter is mandatory.
- Gather information before you begin:
- Please register for your National Tax Number
- Identify the consumer on your electric bill. Electricity bill image with consumer ID (NITB to link)
- The consumer ID on your current electricity bill.
- The registration number of any vehicle you own.
- CNICs, mobile numbers, and names of two references.
- Important Note:
- Submit your application by signing up.
- The Bank will contact you via your mobile number when you start this application.
- Alternatively, save a draft for later submission.
- As much information as possible, e.g., Last 6 months’ bank statements, Financial Statements.
- Please keep the SMS you receive indicating your application number safe once you submit the form.
- It will update the application status by SMS once it progresses to the next stage.
