Kamyab jawan loan apli

Punjab Rozgar MeraPakistanMeraGhar Kamyab Jwan Menu Prime Minister’s Kamyab Jawan – Youth Entrepreneurship Scheme (YES) Banner List of Required Documents Prime Minister’s Kamyab Jawan – Youth Entrepreneurship Scheme (YES) In order to uplift the youth of the country by offering opportunities to utilize their entrepreneurial potential to the fullest, Government of Pakistan has re-opened the applications under Kamyab Jawan - Youth Entrepreneurship Scheme for provision of subsidized business loans. All eligible persons can apply for the loan by visiting Kamyab Jawan Portal at https://www.kamyabjawan.gov.pk/BankForm/newApplicantForm. No other mode of application submission other than through designated online portal is acceptable. Salient Features of Youth Entrepreneurship Scheme Age Age between 21 to 45 Years as per CNIC at the time of application submission. For IT/E-Commerce related businesses, the lower age limit is 18 years, holding at least minimum Matric or equivalent education. Gender Men/Women/Transgender Type of Businesses Small and medium Enterprises (startups and existing businesses) as per definition of SBP and owned by youth as per above mentioned age brackets. Loan Size, Pricing & Security Tier Loan Amount Pricing Security T-I Rs. 0.1 M to Rs. 1 M 3% per annum Clean loan T-II Above Rs. 1 M up to Rs 10 M 4% per annum Secured loan T-III Above Rs. 10 M up to Rs 25 M 5% per annum Secured loan Purpose of Loan Setting up of New Business Expansion of Existing Business Equity For New Business: T-I: 10% T-II & T-III: 20% For Existing Businesses: NIL Sectors All sectors including agriculture Loan Type Long Term Loan Working Capital Loan Leasing/financing of locally manufactured vehicles. Only one vehicle per borrower is allowed. Loan Tenor Up to 8 Years with Maximum Grace Period of up to 1 Year Loan Repayment Based on Equal Monthly Installment (EMI) payable on the 1st of every month Fees & Charges Processing Fee: Rs. 100 Other Charges: At Actuals Documentation Requirement The applicant must have pictures / scanned copies of the following documents, whichever relevant, before starting their application: 1. Clear Visible Picture 2. CNIC – Front and Back separately 3. Educational Degree, upload highest degree 4. Technical Degree, upload relevant to the business applied for 5. Proof of Artisanship / Skilled Labor, if available 6. Experience Certificates, preferably all 7. License, if applicable e.g. for commercial vehicle, medical store etc. In case you have applied for the license upload the receipt exhibiting the same. 8. NTN and Latest Tax return, we recommend to get NTN issued before filing application 9. Reference / Consumer Number of Electricity connection Installed at Residential address 10. Business Feasibility / Estimates of actual/expected business revenues and expenses 11. A brief business write-up 12. Any other source of income e.g. foreign remittance, salary income, agriculture income etc. 13. Registration number of any vehicle registered in your name or in parents name in case of females. 14. Two References CNICs 15. Entity Existence documents in case of Partnership / limited company and relevant approvals. Additional Documents for Existing Business: 1. Latest Financials – Signed 2. Recommendation Letter from Chamber / Trade Body / Union / Association 3. Reference / Consumer Number of Electricity connection Installed at business address 4. Bank Account Statement or Bank Maintenance Certificate Flyer Download Glossary in English Download