Prime Minister Kamyab Jawan Program

Prime Minister Kamyab Jawan Program 2019 to get loans for business

Prime Minister Kamyab Jawan’s Program is available for all youth of Pakistan to build small to medium businesses by getting loans from Government.  It is the national youth development program for people aged from 21 to 45 years. However, if you want to build your career or boost your business in E-commerce or in the field of Information Technology then age relaxation is given as those persons can apply to get loans from the age of 18 years. It is the big initiative of Prime Minister Imran Khan to boost middle-class people to use their potential in their best field.

Also Read:-NAYA PAKISTAN HOUSING SCHEME BY IMRAN KHAN

Prime Minister Kamyab Jawan’s Program will be available in three banks of Pakistan including the National Bank of Pakistan, The bank of Punjab and the Khyber Bank under the supervision of the 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. The government of Pakistan shall provide markup and credit loss subsidies 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 called Tier-1 and Tier-II.  In Tier-I type you can get a loan from 1,00,000/- to 5,00,000/- while for Tier-II you can get a loan of Rs. 6,00,000/- to 50,00,000/-.

You can get Prime Minister Kamyab Jawan Program form from your perspective bank that suits you in your city. However, we are sharing a form issued by the state bank of Pakistan.  Click the link given below to download the Kamyab Jawan Loan Program form.

State Bank of Pakistan Kamyab Jawan Program form

There is no security except your personal guarantee for getting a Tier-I loan while for getting a Tier-II loan you have to follow bank policy which will be available on the prescribed form from the concerned bank website or from the branch.

After submitting the application you will be informed within 15 days of processing whether you are eligible or not.  The borrowers have time to return the amount they get through loans for up to 8 years.

 For further information as you will visit any bank National bank, the bank of Punjab or Khyber bank. The banker will provide complete detail with all pros-cons and government policies.

There would be selective applicants will be provided loans as it depends on the finance department to allocate funds for every fiscal year.

Prime Minister’s Kamyab Jawan Program 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% of funds will be allocated for women to get loans to enhance their professional potential by providing affordable financing from banks through the Government of Pakistan.

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