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Prime Minister Kamyab Jawan Program 2019 will be available in three banks of Pakistan including National Bank of Pakistan, The bank of Punjab and Khyber Bank under the supervision of State Bank of Pakistan.
Prime Minister’s Kamyab Jawan SME Lending Program
Prime Minister’s Kamyab Jawan SME Lending Program is available in all provinces of Pakistan. Government of Pakistan shall provide mark-up and credit loss subsidy on small business loans in the range from 1, 00,000/- to 50, 00,000/- provided by banks under this program.
There are two types of loans offered in Prime Minister Kamyab Jawan SME Lending Program 2019 called Tier-1 and Tier-II. In Tier-I type you can get loan from1,00,000/- to 5,00,000/- while for Tier-II you can get loan of Rs. 6,00,000/- to 50,00,000/-.
You can get Prime Minister Kamyab Jawan Program 2019 form from your perspective bank what suits you in your city. However we are sharing a form issued by state bank of Pakistan. Click the link given below to download Kamyab Jawan Loan Program form.
There is no security except your personal guarantee for getting Tier-I loan while for getting Tier-II loan you have to follow as per bank policy which will be available on prescribed form from concerned bank website or from branch.
After submission of application you will be informed within 15 days of processing that whether you are eligible or not. The borrowers have time to return the amount which they get through loan up to 8 years.
For further information as you will visit any bank brank of National bank, the bank of Punjab or Khyber bank. Banker will provide complete detail with all pros-cons and government policies.
There would be selective applicants will be provided loan as it depends on finance department to allocate funds for every fiscal year.
Prime Minister’s Kamyab Jawan Program 2019 gives the opportunity for all youth including men and women to stimulate small enterprises, fostering innovation and reducing income inequalities. For every fiscal year 25% funds will be allocated for women to get loans to enhance their professional potential by providing affordable financing from banks through Government of Pakistan.