Table of Contents
Recently PM Imran Khan has launched the Kamyaab Jawan Loan Scheme with the mission to provide self-employment opportunities to the youth. So, here on this page, we have given PM Kamyab Jawan Loan Scheme Phase 2 Online Apply 2024 form with all the respective information. This program consists of 6 schemes that will provide self-employment opportunities to youth from 18 years of age to 45 years of age. Small businesses and startups can take benefit from these loans, ranging from 10,000 to 50,00,000 by the banks. The National Bank of Pakistan is playing a leading role in this scheme. Loans will also be given to people by the Bank of Punjab and Khyber. So, this is a beautiful chance for the youth of Pakistan. For example, those students, who are looking for their studies but can’t do anything because they don’t have enough money to study further. So, those students have a chance to apply for this scheme and get benefits from this beneficial scheme. Below we will briefly discuss this scheme:
PM Kamyab Jawan Loan Scheme Phase 2 Online Apply 2024
Click Here
PM Kamyab Jawan Loan Scheme Phase 2 Online Apply 2024 now exists and candidates can apply online and also download the admission form from this page. Everyone can’t apply for load because the government has decided the eligibility criteria and if you meet the criteria then you can apply. So before applying firstly read all the instructions and then apply for registration. After applying they will verify all details and then they will process your application if they feel any confusion at any point they can cancel your application. But till now they have not announced the last date for the application
Well, the government has announced the scheme which is going to help a lot to the youth of Pakistan. The goal of this program is to make the people of Pakistan self-dependent so that in a difficult time, they can battle with the challenges. So, the chance is here for the youth. Here are the requirements and terms for the Scheme.
PM Kamyab Jawan Program Form Download:
Click Here
PM Kamyab Jawan Program form is now available and people can download it because everyone cannot know the procedure of the application. So just you will fill dully and give all the required information then you will attach all the documentation which has been demanded by the government. Then you will send this form to the given address which has to be announced by the government of Pakistan.
Eligibility Criteria:
- Citizens having valid CNIC aged 21 to 45 years can apply for these loans through different banks, For IT/E commerce-related business applicants of 18 years are also eligible.
- 25 % of the loans will be given to women.
PM Kamyab Jawan Scheme Online Apply:
- Applicants can apply for the scheme by visiting the page of the Kamyab Jawan Scheme.
- The link is also given here on this page. So, click the link and enter the site to apply online.
- After entering the site, the applicant has to put his name, and the Bank name on the preferred area.
- Then in the space given for CNIC, the applicant has to put his CNIC number and its correct issuance date.
- Then select the gender, Date of Birth, Father’s/Husband’s Name, Father’s/Husband’s CNIC number, Address, Phone number, and Job detail, and after giving all information about yourself, select the info for the type and amount of loan.
- Click the given link to apply online:
Click Here to Apply
- The application processing fee is Rs.100-/. SMEDA has made help desks so that borrowers can take guidance from there regarding the submission of applications.
- You can also contact any of the bank branches mentioned above for help and guidance.
Time Duration for the Loans:
The time period of this loan is 8 years which includes 1 year of the grace period.
Amount of Loan:
- The loan amount from rupees 10,000 to 100000 will be distributed on a priority basis in 45 different underprivileged districts in Pakistan.
- For loans less than or equal to five lac the markup rate will be 6% per annum while the number of loans greater than 5 lac will have 8% markup per annum.
- The government itself will pay the difference to the cost of KIBOR + 500 BPS.
Requirements for Security:
The person taking a loan of less than or greater than 5 lac will give a guarantee himself while the person taking an amount of more than 500000 will follow rules according to bank policy.
PM Kamyab Jawan Scheme Last Date 2024
Last Date: Coming soon
All the people seeking to take a loan should fill out the online form correctly and save all the information before submission as a proofread, read the form again so that the mistakes are corrected if there are any then submit the form. The applications will take 30 days to proceed after submission. Keep that thing in might that the form once submitted will not be editable again. No documents are needed at the time of form submission. All the applicants following the terms and conditions of this scheme will be treated equally and strictly according to merit as per the policy of banks State Bank of Pakistan rules and regulations.