Mr. Shahbaz Sharif, Pakistan’s Prime Minister, has launched the Prime Minister Youth Loan Scheme 2023 for Business and Agriculture. The main goal of this interest-free and low-interest loan scheme is to get young people employed and prosperous.
Apply for the Prime Minister Youth Loan Scheme 2023 online.
According to the new Prime Minister Loan Scheme, Pakistani youth can borrow up to 7.5 million rupees (75 lacs) in simple steps. They can expand both their business and agricultural development.
Loan Eligibility Criteria
All males and females between the ages of 21 and 45, Special people (disabled), and Transgender people
The age limit for IT Business is 18 instead of 21.
The government has set a loan of 25% for women.
Prime Minister Youth Loan Amounts and Interest Rates
Sr. No Loan Interest Rate Tier Limit
1 T-1 up to 5 lacs (0.5 million)
2 T-2 5 to 15 lac (0.5 million to 1.5 million) 5%
3 T-3 15 to 75 lac (1.5 million to 7.5 million) 7%
Online Application Process
Interested young males and females can apply online for the Prime Minister of Pakistan’s youth loan scheme.
Apply for the Prime Minister Youth Loan Scheme 2023.
Data Required to Fill
- Organization Name
- Legal Status
- Name of Authority
- CEO/Head/ Executive Director
- Number of Board Members
- Website URL
- Number of Team Members
- Twitter URL
- LinkedIn URL
- Facebook URL
- Instagram URL
- Mobile Number
- Office Contact
- Focus Area
- Office Address
This loan opportunity for Pakistani youth is extremely beneficial. Due to a lack of funds, many young people are unable to start their own businesses. If they receive this loan, they will be able to begin their business. In this way, they can contribute to the growth of Pakistan’s economy. Investment opportunities abound in the IT sector. Prior to this, the Kamyab Jawan Loan Scheme for young people was introduced.
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