Prime Minister Youth Business and Agricultural Loan Scheme
The Prime Minister of Pakistan Mian Muhammad Shahbaz Sharif has announced Prime Minister Youth Business and Agricultural Loan Scheme 2023. In this scheme started by the federal government, youth will be able to get a 7.5 million rupees loan on easy terms and conditions. In this regard young people, women, and transgenders will take benefits of the Prime Minister Youth Business and Agricultural Loan Scheme 2023. As per tweets by PM Pakistan, He Said that after the PEEF youth loan scheme and PM Laptop scheme, I am very glad to start this Prime Minister Youth Business and Agricultural Loan Scheme 2023. Under this PM Loan Scheme the youth can apply for up to 7.5 million rupees loan on simple terms and conditions. You can get Rs 5 lac (05 million rupees with no interest).
Prime Minister Asaan Qarza Program 2023
Prime Minister Mian Muhammad Shehbaz Sharif announced this Asaan Qarza Program Scheme 2023 for youth on Tuesday 24th January 2023. Under this scheme, youth can get an easy loan program from 5 Lakh to 15 Lakh.
How to Apply PM Youth Business and Agricultural Loan Scheme
If you are young and also you have the ability to promote your business or agriculture, You can apply for Prime Minister Youth Business and Agricultural Loan Scheme 2023. In this regard, you will be able to get 5 Lakh to 75 lac amount for your business or agriculture. All Pakistanis aged between 21 years to 45 years can apply for Prime Minister Youth Business and Agricultural Loan Scheme 2023. If you want to apply for Prime Minister Youth Business and Agricultural Loan Scheme 2023 visit www.pmo.gov.pk to register yourself for Prime Minister Youth Business and Agricultural Loan Scheme 2023.
Eligibility for PM “Youth Loan Scheme Business / Agri
A Pakistani citizen can apply for PM Youth Loan Scheme to grow the business and agricultural sector. Applicant must have at least 21 years to 45 years old. Males, Females, and Transgenders can apply for this loan scheme in 2023. Persons who have experience in the Information Technology sector have an age relaxation of at least 18 years. 25% loan has been deputed for females only.
How to Register For PM Youth Loan Scheme 2023
It is very easy and comfortable to register yourself for Prime Minister Youth Business and Agricultural Loan Scheme 2023.
Visit www.pmyp.gov.pk and click on PM Youth Program. Click to apply for Loan under the Prime Minister Youth Business and Agricultural Loan Scheme After that provide your CNIC number, and CNIC issue date and select your tier for Prime Minister Youth Business and Agricultural Loan Scheme 2023. Enter and your form will be submitted automatically for PM Youth Loan Scheme 2023.
What is Loan Amount in PM Business and Agriculture Scheme 2023
Tier 1 youth loan scheme In tier 1 selected candidates will be awarded Rs 5 LAC amount in Prime Minister Youth Business and Agricultural Loan Scheme 2023 without any interest.
In Tier 2 selected candidates will be awarded Rs 5 lac to 15 lac with a minimum 5% markup for Prime Minister Youth Business and Agricultural Loan Scheme 2023.
In Tier 3 selected candidates will be awarded Rs 15 lac to 75 lac with a 7% markup to promote Prime Minister Youth Business and Agricultural Loan Scheme 2023
Terms & Conditions to Pay Back PM Loan Amount
If you have received your desired amount in Tier 1, Tier 2, or Tier 3. You have to pay back this amount in easy installments in 7 years. If you have received an amount of Rs 500000 in tier 1, you do not need to pay any extra interest on it. This amount is without any interest.
Similarly, if you have received an amount in Tier 2 that is Rs 5 lac to 15 lac. You will have to pay back in easy installments with a 5% markup.
In the last Tier 3 if you have received amounts Rs 15 lac to 75 lac regarding Prime Minister Youth Business and Agricultural Loan Scheme 2023. You will have to pay back this amount in 7 years installment with a 7% markup extra. Terms and conditions will be applicable. Please follow the terms and conditions before applying for this Loan Scheme.
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