NBP Prime Minister Youth Business Loan 2023 Scheme Application form Download Online Eligibility total amount details

Important Note:

Prime Minister’s Youth Business Loan, for young entrepreneurs between the age group of 21 – 45 years, is designed to provide subsidised financing at 8.0% mark-up per annum for one hundred thousand (100,000) beneficiaries, through designated financial institutions, initially through National Bank of Pakistan (NBP) and First Women Bank Ltd. (FWBL). Small business loan with tenure up to 8 years, with first year grace period, and a debt : equity of 90 : 10 will be disbursed to SME beneficiaries across Pakistan, covering; Punjab, Sindh, Khyber Pakhtunkhwa, Balochistan, Gilgit Baltistan, Azad Jammu & Kashmir and Federally Administered Tribal Areas (FATA).

Prime Minister has announced the new scheme to make strong the economy of our country. This loan scheme has specific terms and conditions. All these condition is available here. Prime Minister do a great step in the favor of economical condition of country. This Prime Minster loan scheme giving the loan youth of nation without interest for business. This loan issued in State bank of Karachi. According to State bank, The loan form can be get from the any branch of State Bank of Punjab or State bank of Khyber. The Applicant can Download the loan application form for the official website of state bank. Prime Minister loan give a key role in the in the maintaining the the business of the costumer by advising them. These branches of state bank added their tool free number in on the application form.

The after the Inauguration of Prime Minister loan, loan is distributed in the loan applicant. The people can get the loan amount in between 1 lac to 50 lac. The loan interest is gave the government, if by chance the business go to loss, government pay the money. This no interest loan scheme is more benefit for the unemployed people of the country. After the loan issued bank helps you in maintain and progress of the business. The loan is given in two steps. In the first step, loan of 1 lac to 5 lac is issued. In second step loan of 5 lac to 50 lac is issued. These loan is given on the terms & condition. The is given to people who are able for the loan.

Important Dates:-

• Application submission date: Monday- Friday (10 A.M. – 5 P.M)
• Loan Issue date: after seeing terms and conditions
• Loan Installment Duration: Minimum 8 years

Contact:-

TOLL FREE Number 0800-77000

Note:- The loan is issued after fortnight of inauguration of Prime Minister Youth loan Scheme.

Click Here for Download Prime Minister Youth business loan application download PDF

NBP Prime Minister Youth Business Loan 2023 Scheme Application form Download Online Eligibility total amount details

The Government give the 5% to small loan and 10% to large amount of loan if the loan amount or business is go in loss. the Government has advised more other banks to start this kind of loan schemes. For the more information you can remain visiting our page. the small business duration is 8 years while the big amount loan, time duration is increase according the terms and conditions.

Eligibility:

1. The people of age between 21 to 45 years old have the computerize Identification care (male/ female) are eligible for the loan application.
2. There is age limit relaxation for the IT and E commerce people, Their age limit is 18 years old for prime minister loan.

Procedure:

• The applicant can get the application form from any branch of State bank or download the application form from the official website.
• The applicant read the terms and condition, able persons apply for the prime Minister loan.
• The application process is nearly started.
• The duly filled application from is submit to the any branch of State bank of Punjab or Khyber.
  he last date of application submission announced soon.

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