Under the vision of the Prime Minister of Pakistan, young people in Pakistan are being given loans on easy terms to start a business.
All Pakistani men and women who want to start their own business in 2022 or 2023 can get loans from all commercial banks in Pakistan. One lakh to 10 lakh loan will be given on personal guarantee.
Fixed markup will be taken from the candidate
The following banks provide loans under the Successful Youth Program
1- Askari bank limited
2- Allied Bank
3- Bank Alfalah
4- Habib Bank Limited (HBL)
5- Meezan Bank
6- Muslim CommercialBank (MCB)
7- National Bank of Pakistan (NBP)
8- Standard Chartered Bank (SCB)
9- United Bank Limited (UBL)
10- Faysal Bank
11- Bank AL Habib
12- Bank of Punjab
13- BankIslami Pakistan
14- JS Bank (Jahangir Siddiqui)
15- Bank of Khyber
Everyone can borrow for business purposes
Kamyab Jawan Program Eligibility Criteria
The age of the candidate should be between 21 to 45 years
If the candidate wants to do IT or e-commerce business, then the minimum age of the candidate should be 18 years.
Three categories have been created by the Kamyab Jawan Program. Candidate can apply in any one of these categories
|Category||Loan PKR||Markup||Minimum equity required||SECURITY|
|1||100,000 to 1,000,000||3%||10%||Personal Guarantee|
|2||1,000,001 to 10,000,000||4%||20%||Collateral as per bank’s credit policy|
|3||10,000,001 to 25,000,000||5%||20%||///|
The candidate will repay the loan in 8 years with monthly installments.
Under the Kamyab Youth Program, 25% of women will be given loans
kamyab Jawan Program Online Registration 2022
Candidates who want to take a loan under the Kamyab Youth Program will submit the form online before the last date
The name of the bank from which the candidate wants to take loan must be written in the form.