PM Youth Business Loan Scheme Application Forms – National Bank has issued the Application form of PM Youth Business Loan Scheme.
Now you can get the Application form of PM Youth Business Loan Scheme and you can easily get Rs.20 lacs loan.
Prime Minister’s ‘Youth Business Loan’, for young entrepreneurs, is designed to provide subsidised financing at 8% mark-up per annum for one hundred thousand (100,000) beneficiaries, through designated financial institutions, initially through National Bank of Pakistan (NBP) and First Women Bank Ltd. (FWBL).
Small business loan with tenure up to 7 years, with first year grace period, and a debt : equity of 90 : 10 will be disbursed to SME beneficiaries across Pakistan, covering; Punjab, Sindh, Khyber Pakhtunkhwah, Balochistan, Gilgit Baltistan, Azad Jammu & Kashmir and Federally Administered Tribal Areas (FATA). It has a 50% quota for women and 5% quota for families of Shaheeds, Widows and Disabled persons.