PM Youth Loan Scheme 2025 – Get Loans from Rs 5 to 75 Lakhs on Easy Terms
PM Youth Loan Scheme 2025
The Prime Minister of Pakistan has relaunched the PM Youth Loan Scheme in 2025. The aim of this scheme is to provide financial assistance to youth, graduates, skilled individuals, small business owners and farmers so that they can start or expand their businesses.
The biggest advantage of this scheme is that loans up to Rs 5 lakh will be given completely interest-free (0% interest), while the interest rate has been kept very low even for those who borrow more money. Let’s move forward and know in this article how you can benefit from this scheme, what are the eligibility criteria and what is the procedure for applying.
Importance Of This Scheme
In the current economic situation, providing cheap loans for business or agriculture is a great facility. Most of the youth are unable to start a business due to lack of capital. This scheme will not only provide them with capital but will also create new employment opportunities in the country.
The government has announced to provide these loans through both Islamic and commercial banks so that maximum people can benefit.
Loan Types And Terms
Tier-1 – Micro Loan
- Amount: Up to Rs. 5 lakh
- Interest Rate: 0% (interest free)
- Tenure: Up to 3 years
- Security: Personal guarantee only, no property required
Tier-2 – Small Loans
- Amount: Rs. 5 lakh 1 thousand to Rs. 15 lakh
- Interest Rate: 5%
- Tenure: Up to 8 years
- Security: As per bank policy
Tier-3 – Medium Loans
- Amount: Rs. 15 lakh 1 thousand to Rs. 75 lakh
- Interest Rate: 7%
- Tenure: Up to 8 years
- Security: Mandatory, usually a vehicle or machinery is taken as collateral
Who Can Apply?
Pakistani citizen with valid CNIC
- Age: 21 to 45 years (Minimum age 18 years for IT and e-commerce)
- Education: Matriculation or above for IT or e-commerce only
- Business: New or existing (Agriculture and other sectors included)
- Form of Business: Individual, Partnership or Company are all eligible (at least one person must meet the age requirement)
Step-by-Step: How to Apply (Online)
- Visit the official website of Prime Minister Youth Program
- Click on “Apply Now”
- Enter your CNIC number and date of issue
- Select the desired tier (T1, T2, T3)
- Select the bank (Islamic or Commercial)
- Enter personal and business details
- Upload the required documents
- Review the form and submit
- Tracking number will be received via SMS after the application is submitted
Required Documents
- Copy of ID card (front and back) Back)
- Passport size photograph
- Educational certificate (for IT or e-commerce only)
- Business plan
- Bank account details
- Utility bill (if already running a business)
How To Track The Application
- Use the “Track Application” option on the official portal
- Enter the ID card number, date of issue, mobile number and date of birth
- After this, the current status of the application will be displayed
Tips For Successful Approval
- Always use the same mobile number that is registered on your CNIC
- Scan all the documents clearly and neatly
- Make the business plan realistic and simple
- Try to choose the same bank that is actively running this scheme in your city
- Apply only once, repeated applications may also lead to rejection
Best Ideas To Avail From Loan
- Tier 1: Home bakery, tailoring, mobile repair stall, e-commerce inventory, small dairy Farm
- Tier 2: Beauty Salon, Retail Shop, Agricultural Tunnel Farming, Delivery Vehicle
- Tier 3: Factory Machinery, Cold Storage Truck, Commercial Greenhouse, Medium Manufacturing
Important Explanation
Most people believe that loans up to Rs 75 lakh are available without interest and collateral, which is not true.
- 0% interest rate is only on loans up to Rs 5 lakh.
- Interest rates of 5% and 7% will be applicable on loans of more than Rs 5 lakh.
- Personal guarantee is sufficient for small loans, while for large loans, the bank may ask for security.
Conclusion
PM Youth Loan Scheme 2025 is a great opportunity for youth and small entrepreneurs. Through this, not only will the youth be able to start their dream businesses, but agriculture and industry will also be promoted. If you also want to turn your business ideas into reality, then apply online today and improve your future. Further, if you have any questions regarding this or you want to get any further information, you can comment in the comment section and get complete and authentic information.
