Prime Minister Youth Business & Agriculture Loan Scheme 2025 – Easy Loan with Low Markup
The Government of Pakistan has launched the PM Youth Business & Agriculture Loan Scheme (PMYB&ALS) to help young people and farmers grow their businesses. It offers easy loans with low interest and simple conditions.
Loan Categories (Tiers)
- Tier 1 (T1):
- Loan: Up to PKR 500,000
- Markup: 0% (Interest-Free)
- Time: Up to 3 years
- Tier 2 (T2):
- Loan: PKR 500,001 to 1.5 million
- Markup: 5%
- Time: Up to 8 years (1-year grace included)
- Tier 3 (T3):
- Loan: PKR 1.5 to 7.5 million
- Markup: 7%
- Time: Up to 8 years (1-year grace included)
Loan Can Be Used For:
- Start or expand a business
- Buy equipment or stock
- Buy a commercial vehicle
- Agricultural production and development
Borrower’s Contribution (Equity):
- Tier 2 (New business): 10%
- Tier 3: 20%
- Existing businesses: No contribution required
Collateral Requirements:
- Tier 1: No security
- Tier 2: Only personal guarantee
- Tier 3: Collateral as per bank rules
Who Can Apply?
- Age: 21 to 45 years (18 for IT & e-commerce)
- Citizen: Pakistani with valid CNIC
- Education (IT sector): Minimum matriculation
- Business Types: Individuals, groups, companies
Partner Banks Include:
- National Bank of Pakistan (NBP)
- Bank of Punjab (BOP)
- Habib Bank Limited (HBL)
- Meezan Bank
- Bank Alfalah
- Allied Bank Limited
- Zarai Taraqiati Bank Limited (ZTBL)
- Sindh Bank
- Bank Al Habib
Special for Women:
- 25% loan share reserved for women entrepreneurs
How to Apply:
- Visit: pmybals.pmyp.gov.pk
- Fill form, attach CNIC and business plan
- Pay PKR 100 for CNIC verification
Contact:
- Helpline: 0800-77000
- Email: [email protected]
Conclusion:
This scheme is a great chance for youth and farmers to get affordable loans and grow their income. It encourages business growth and reduces unemployment in Pakistan.
