PM Youth Loan Scheme
PM Youth Loan Scheme Prime Minister Shehbaz Sharif has announced loans to empower the youth. After the announcement, there is a wave of happiness among the young generation because many people want to start their own businesses from this program.
But they are not getting money for business, they don’t need to worry now, you can get them without any interest. If you want to join this program now, read this article carefully. After reading this article, you will be able to look into getting a loan for yourself You are looking at how to join and how to get a loan by joining Prime Minister Shehbaz Sharif has announced that the successful youth program will be started once again, and through the program, each person will now be given a loan of up to five lakh rupees.
You Can Also Read: Youth Business Loan Scheme Online Registration
A person can get a loan of up to five lakh rupees. The procedure for getting a loan will be explained in this article. The purpose of starting this loan is to eliminate unemployment. And the youth should be empowered. Many measures are being taken to end unemployment across Pakistan, including providing loans to people and telling them to start businesses. Can but some conditions will apply
How To Apply Online Through Web Portal Online
The procedure for registration in this scheme is given here
- First of all you have to go to your nearest Bank of Punjab
- After going there you have to get the registration form to apply for the loans
- You have to get information about the business for which you are getting a loan and get the registration form for it.
- After doing all this, you have to enter your information in the registration form, such as your ID card number, phone number, complete information, house address, and how much land your house has.
- How much land is available in your name, your monthly income, and all other information asked for are to be entered correctly
- So that your application can be processed and the loan can be provided to you after registration
- After doing all this you have to submit the registration form back to the same bank and wait
- As soon as you are verified, you will receive a message that you have qualified
- A team representative from the bank will come to your home to get the loan
- And after checking your complete information you will start getting loans from the bank
- It has been initiated by the Government of Pakistan and is the first through this process you can get your loan through the Bank of Punjab.
- Getting a loan from 50 thousand to five lakh rupees has been made waiting
You Can Also Read: Kisan Loan Program Registration Process
Required Documents
- Passport size photograph
- Scan of CNIC (both side)
- The latest educational certificate or degree (Matriculation, Intermediate, Bachelor, master, PhD, etc.).
- If applicable, experience certificate(s)
- If applicable, you may need to register with a chamber of commerce or trade association.
- A letter of recommendation from the chamber, union, or trade body is required for existing businesses.
- Financial statements
- Business Plan
- Last six months’ bank statements
Eligibility Criteria
After checking the eligibility criteria, you will be informed whether you are in the program or not.
- Your age should be between 18 years to 65 years
- You must not have taken loan from any other bank
- You should have more than two acres of land in your name
- It should be your monthly income if you have not traveled abroad
- Get experience in any business you want to do
- Your education should be at least BA and only after that you will be provided Loan
You Can Also Read: Maryam Nawaz Announces Loan Through Solar Scheme
Final Words
PM Youth Loan Scheme Those people who want to get a loan, and that too from the government of Pakistan without any interest, can read this article carefully; after reading this article, the young generation will be able to get a loan for themselves. It has become very easy to get a loan; the government of Pakistan has said that no one will be unemployed, and everyone will be provided with a loan for their business. went Eligibility criteria have also been specified as to who will be able to join this program.
The purpose of starting this program is to support the poor and deserving people and let them know that the government of Pakistan stands with them. The government of Pakistan has started providing cover to people to eradicate poverty from Pakistan so that they can start their businesses and lead a prosperous life. Apart from this, the registration procedure has also been explained to you in this article so that you don’t need to go anywhere else. you can do your registration sitting at home, and after registration, you can also get your money.
You Can Also Read: Kamyab Jawan Program Loan Online