Prime Minister’s Youth Business & Agriculture Loan Scheme promotes entrepreneurship among youth by providing business loans on simple terms and with less markup through 15 Commercial, Islamic and SME banks.
All Pakistani residents, aged between 21 and 45 years with entrepreneurial potential are eligible to apply for the loan. For IT/ E-Commerce related businesses, the lower age limit is 18 years. Applications have to be submitted online only through our website.
Loans provided under PMYB&ALS are segregated into 3 tiers.
The range is 0.5 million PKR with 0% markup
The range is above 0.5 Million upto 1.5 Million PKR with 5% markup
The range is above 1.5 Million upto 7.5 Million PKR with 7% markup
Who can apply?
- All men/women holding CNIC, aged between 21 and 45 years with entrepreneurial potential are eligible. For IT/ E-Commerce related businesses, the lower age limit will be 18 years.
- Small and medium enterprises (startups and existing businesses) as per definition of SBP and
owned by youth as per above mentioned age brackets are also eligible.
- For IT/E-Commerce related businesses, at least matriculation or equivalent education will be required.
How do I would know that my application has been accepted for processing
Upon submission of your application on the portal and verification of credentials by NADRA, an SMS
message will be delivered to your provided cell number with confirmation of application submission and details of your selected bank and assigned branch.
For more Information: Visit the website for Prime Minister’s Youth Business & Agriculture Loan Scheme