PMYB&ALS (Prime Minister's Youth Business and Agriculture Loan Scheme) promotes entrepreneurship among youth by providing business loans on simple terms and with less markup through 15 Commercial, Islamic and SME banks.
All Pakistani residents, aged between 21 and 45 years with entrepreneurial potential are eligible to apply for the loan. For IT/ E-Commerce related businesses, the lower age limit is 18 years. Applications have to be submitted online only through our website.
Loans provided under PMYB&ALS are segregated into 3 tiers.
No physical application form is required. All applications have to be submitted online at the following link/ address:
https://pmyp.gov.pk/bankform/newapplicantformNo. This scheme is only for resident Pakistanis.
No. Government employees are not eligible from applying under this scheme.
There is no general requirement of minimum educational qualification, though it will be a favorable consideration for decision making by banks. However, in case of businesses which compulsorily require certain qualification, certifications, diplomas, authorizations or licenses, the same must be held by the applicant.
This section is our collection of free financial calculators and templates that can help you with calculating and computing all sort of financial functions that are required for your business.
Our calculators can help you calculate and analyze income statement, cash flow and , balance sheet and your loan repayment schedule.
Please download from the given links.
Small and Medium Enterprises Development Authority (SMEDA) has been tasked by PM’s Youth Programme Program with an advisory & supporting role to provide free guidelines to applicants.
SMEDA Free Online Support
4th Floor, 3rd Building, Aiwan-e-Iqbal Complex Egerton Road, Lahore
Tel: (042) 111-111-456, 99204701-12
Bungalow No. 15-A, Chaman Housing Scheme Airport Road, Quetta
Tel: (081)-2831623 - 2831702
Email: helpdesk.balochistan@smeda.org.pk
Ground Floor, State life Building The Mall, Peshawar
Tel: (091)-111-111-456, 091-9213046-7 Email: helpdesk.KhyberPakhtunkhwa@smeda.org.pk
5th Floor, Bahria Complex II M.T. Khan Road, Karachi
Tel: (021)-111-111-456
Email: helpdesk.sindh@smeda.org.pk
Learn, Grow and Get Hired!
The Prime Minister’s Youth Programme (PMYP) app brings all PMYP initiatives to your fingertips. This comprehensive dashboard lets any young Pakistani apply to our programmes, explore opportunities, and broaden their horizons. Young people can apply to various programmes including PM’s Youth Business & Agricultural Loan Scheme, PM’s National Innovation Award, PM’s Talent Hunt Youth Sports, and several others.
Join us today and embark on a transformative journey towards personal and professional growth!
