The PM of Pakistan, Mr. Shahbaz Sharif has inaugurated the Prime Minister Youth Loan Scheme 2023 for Business and Agriculture purposes. The main target of this interest-free and with-interest loan scheme is to make the youth employed and prosperous.
Apply Online Prime Minister Youth Loan Scheme 2023
As per this new Prime Minister Loan Scheme, the youth of Pakistan may get up to 7.5 Million (75 Lacs) loan amount in easy steps. They can grow their business as well as agricultural development.
Eligibility Criteria for Loan
- All males and females between the age of 21 years to 45 years, Special persons (Disabled), and Transgender
- For IT Business age limit is 18 years instead of 21 years.
- The government has fixed 25% Loan for women
Table of Prime Minister Youth Loan Amount and Interest
|Sr. No||Tier||Limit of Loan||Interest Rate|
|1||T-1||Upto 5 Lac (0.5 million)||Interest-Free|
|2||T-2||5 lac to 15 Lac (0.5 million to 1.5 million)||5%|
|3||T-3||15 lac to 75 Lac (1.5 million to 7.5 million)||7%|
Procedure to Apply Online
The willing young male and females can apply online for this youth loan scheme of the Prime Minister of Pakistan.
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