Prime Minister Youth Program for Business and Agriculture Scheme
How to get Loan
Introduction
Prime Minister Youth Program for Loan is a good vision for those people who want to do business on Loan and agriculture Loan with low markup. Scheme is available in 15 Commercial, SME and Islamic Banks. Loan scheme is available under following details.
- About Rs. 5 million under 0% markup.
- About Rs 1.5 million under 5% markup.
- About Rs 1.7 million under 7% markup.
Who can get the Loan ???
People all over Pakistan are eligible for the loan under the circumstances as given by the Government of Pakistan given. or Follow
Documents Required
- Clear scan documents of education, diplomas.
- One passport size picture.
- NTN registered number.
- Source of Income and expenditure.
- Two reference with no blood relation.
- One electricity bill of last month
- Shop electricity bill of last month
- ID card scans copy front and back.
- FRC paper Issued by NADRA.
- Attested by Area Manger.
5- Things you should know before applying the Prime Minister Loan program.
1-All Pakistan citizen include Azad Kashmir and Gilgaat Ballistan under age 15 to 45 and can understand the business at low level and high level.
2- IT and E-Commerce people can apply for the loan with metric and diploma in any field within age about 18 to 45.
3-Mostly age should be above 25 year for sole proprietor business.
4-For small and low level business should have the business before.
5-In case of Agriculture Loan the Terms and Conditions will be under Section 2020.
How to Apply???
All application will be accepted online through the web site http://www.pmyg.gov.pk
For .5 Millions Rupees
- Personal Information.
- Business Information.
- Source of Income.
For Rs.5 Million or 7 Million Loan
- Personal Information.
- Source of Income.
- One Passport size picture
- Business established year.
- Plan for business.
- Previous income details.
- Before loan position that get.
Conclusion
This is the best opportunity to take the benefits from loan with 0% markup. Business will be developed in Pakistan. Especially for E-Commerce business. People will get the knowledge about e-commerce business and become the part of Pakistan development in commerce sector