CNIC holder;
Age 21-45;
Entrepreneurial potential;
Applicant may apply for loans under this scheme only from the designated branch mapped with his/her area of residence/business

One/Up to 03 Guarantor/s having cumulative income equal to 1.5 of the amount applied for under the scheme Personal/Blood relations can also give guarantee for a borrower.
A government servant of BPS-16 and above can also act as a guarantee.

50% quota of women borrowers.

90:10 with tenor of up to 8 years (including 1 year grace period).  The borrower’s contribution of equity would be either in the form of cash or immoveable property, and will be required only after approval of the loan.

Permissible collaterals (business hypothecation)

6% fixed for borrower but government will pay the difference of the cost at KIBOR+500 bps. (1% change = 100 basis points, and 0.01% = 1 basis point.)

Prime Minister’s Youth Business Loans

For the time being, there will be no limit on the maximum number of loans for any sector. Placement of ceilings can be considered subsequently keeping in view the importance of sectors and applications received for various sectors.

Up to Rs. 20 Lacs (2 Million)

Download Sample PMYBL

Available soon

Whole of Pakistan
In the case of Balochistan, at least one branch of NBP will be designated per division
All non-designated NBP branches will guide the borrowers to the nearest designated branch along with facilitation to receive and dispatch the application to the nearest designated branch if so requested by the borrower.

SBP to ensure that loans are broadly in conformity with provincial populations.

Non-refundable form processing fee would be Rs.100/- at the time of submission of form. However, no fee will be charged for the form itself and a photocopy will also be admissible.

Will require minimum essential information and the format will be as simple as possible to facilitate applicants

SBP will arrange appropriate training for private banks to implement the scheme. NBP and FWBL will provide appropriate training to their own staff. NBP will also assist in training of FWBL and SMEDA Staff

• National Bank of Pakistan
• First Women Bank Limited
• Habib Bank Limited
• Habib Metropolitan Bank
• Bank Al-Habib
• Sindh Bank
• Summit Bank
• Al Baraka Bank
• Dubai Islamic Bank
• Allied bank Limited
• Muslim Commercial Bank
• JS Bank
• United Bank Limited
• Askari Bank
• Soneri Bank
• Meezan Bank

All sectors. Standardized schemes/projects/ undertakings will be designed by SMEDA, projects designed by private sector service providers or by individuals themselves.
Role of SMEDA:
The 50 or so feasibilities prepared and uploaded by SMEDA would be extensively publicized and their access to public made easier through multiple linkages with other relevant websites;
SMEDA will work closely with Punjab Information Technology Board (PITB) to ensure that the schemes are accessible to those who participated in the PITB survey;