The loan will be granted to you within 45 days on simple terms. If they are approved for the loan, it will be transferred to their bank account within 45 days. To obtain a loan within 45 days, you must have a National Card. You must be 22 to 45 years old.
Prime Minister Shahbaz Sharif, on behalf of the Pakistani government, launched a new policy under the Prime Minister’s Youth Business and Agriculture Loan Scheme (PMYB&ALS) that allows loans from the Pakistani government within 45 days.
New Policy for Prime Minister’s Loan Programme
Under the Prime Minister’s Loan Programme, all Pakistani nationals aged 21 to 45 can receive a loan of up to Rs 7.5 million from the Pakistani government to establish a business. Visit the relevant loan webpage. If you are having difficulty obtaining a loan, you can call the program’s helpline.
وزیراعظم کے قرضہ پروگرام کے تحت 21 سے 45 سال کی عمر کے تمام پاکستانی شہری کاروبار قائم کرنے کے لیے پاکستانی حکومت سے 75 لاکھ روپے تک کا قرض حاصل کر سکتے ہیں۔ متعلقہ قرض کا ویب صفحہ دیکھیں۔ اگر آپ کو قرض حاصل کرنے میں دشواری ہو رہی ہے تو آپ پروگرام کی ہیلپ لائن پر کال کر سکتے ہیں۔
Goal of the Prime Minister’s Loan Programme
If you do not meet the requirements, you will be unable to obtain a loan. It makes loans to small and large enterprises simply and at cheap interest rates, allowing people to grow their businesses and help the country’s economy. The loan scheme offers affordable loans ranging from Rs 5 lakh to Rs 75 lakh.
Eligibility Criteria for Prime Minister’s Loan Programme
- To obtain a loan under the Prime Ministry’s Youth Trade Loan Programme:
- People aged 21 and up can take advantage of this deal. They should be replaced at 45.
- The age restriction for IT/e-commerce occupations is 18 years.
- According to the SBP, farmers must be classified before receiving agricultural loans.
- Fee Limitation and Compliance Issues in Financial Markets 2020.
وزیراعظم کے یوتھ ٹریڈ لون پروگرام کے تحت قرض حاصل کرنے کے لیے:
21 سال اور اس سے زیادہ عمر کے لوگ اس ڈیل سے فائدہ اٹھا سکتے ہیں۔ انہیں 45 پر تبدیل کیا جانا چاہئے۔
IT/e-commerce کے پیشوں کے لیے عمر کی پابندی 18 سال ہے۔
اسٹیٹ بینک کے مطابق زرعی قرضے حاصل کرنے سے پہلے کسانوں کی درجہ بندی کرنا ضروری ہے۔
مالیاتی منڈیوں 2020 میں فیس کی حد اور تعمیل کے مسائل۔
Required documents for Prime Minister’s Loan Programme
- You must receive your money within 45 days.
- An ID card is necessary.
- You must own a bank account. Funds will be issued under the Prime Minister Youth Loan Program within 45 days of your application being approved.
- IT professionals must have access certificates.
- Monthly income and expenses, water supplies, and other factors to consider when starting a farming business.
Also Read:Phase 3 of HEC laptop scheme 2024 Update
Conclusion
Agriculture is the cornerstone of Pakistan. The loans provided by the Pakistani government to farmers will also boost agricultural production. Agricultural exports will benefit Pakistan’s economy. The Youth Lending Program intends to deliver loans within 45 days, allowing more people to benefit from these programs.