Prime Minister Youth Business & Agriculture Loan Scheme 2025
The Prime Minister Youth Business & Agriculture Loan Scheme (PMYB&ALS) 2025 offers young entrepreneurs and farmers interest-free loans up to PKR 7.5 million to start or expand businesses. With no collateral required for loans under PKR 1.5 million, this initiative aims to reduce unemployment and boost Pakistan’s economy. Here’s how to apply, eligibility criteria, and key benefits.
Prime Minister Youth Business & Agriculture Loan Scheme (PMYB&ALS) 2025: Key Highlights
| Feature | Details |
|---|---|
| Loan Tiers | Tier 1 (PKR 500K at 0%), Tier 2 (PKR 1.5M at 5%), Tier 3 (PKR 7.5M at 7%) |
| Eligibility | Age 21–45 (18+ for IT/e-commerce), valid CNIC, business plan |
| Agriculture Focus | Crop/livestock loans, machinery financing, 1-year grace period |
| Women’s Quota | 25% of loans reserved for female entrepreneurs |
| Apply Online | PMYB&ALS Portal |
| Last Date | Rolling applications (apply ASAP) |
Loan Categories & Interest Rates
1. Tier 1 (T1): Interest-Free Loans
- Amount: Up to PKR 500,000
- Markup: 0%
- Tenure: 3 years
- Use: Startups, small businesses, agriculture inputs.
2. Tier 2 (T2): Low-Interest Loans
- Amount: PKR 500,001–1.5 Million
- Markup: 5%
- Tenure: 8 years (1-year grace period)
- Collateral: Personal guarantee only.
3. Tier 3 (T3): Business Expansion Loans
- Amount: PKR 1.5–7.5 Million
- Markup: 7%
- Tenure: 8 years (1-year grace period)
- Collateral: Bank policy applies.
Who Can Apply?
- Age:
- General Businesses: 21–45 years.
- IT/E-Commerce: 18–45 years.
- Education: Matriculation for IT/e-commerce.
- Business Type: Startups, SMEs, agriculture, freelancers.
- Nationality: Pakistani CNIC holders.
Special Groups:
- Women (25% quota).
- Farmers (crops, livestock, dairy).
- Partnerships/companies (one owner must meet age criteria).
How to Apply for PMYB&ALS 2025
- Prepare Documents: CNIC, business plan, income proof (if existing business).
- Online Application:
- Visit PMYB&ALS Portal.
- Fill the form and upload documents.
- Pay PKR 100 NADRA verification fee.
- Bank Processing: Partner banks (NBP, HBL, Meezan, etc.) review applications within 45 days.
- Loan Disbursement: Funds transferred upon approval.
Note: Farmers can apply for two loans (production + development) under PKR 7.5M.
Loan Uses & Benefits
- Business: Buy equipment, stock, or commercial vehicles (1 vehicle per borrower).
- Agriculture: Seeds, fertilizers, machinery, livestock.
- Debt Equity:
- Tier 2: 90% loan, 10% equity (new businesses).
- Tier 3: 80% loan, 20% equity (new businesses).
FAQs: PM Youth Loan Scheme 2025
Q1: Is collateral required for Tier 2 loans?
A: No. Only a personal guarantee is needed for loans up to PKR 1.5M.
Q2: Can I apply for both business and agriculture loans?
A: Yes. Farmers can take one production + one development loan within PKR 7.5M.
Q3: What’s the maximum age limit for IT startups?
A: 18–45 years.
Q4: How long does approval take?
A: Banks process applications in 45 days.
Q5: Are women prioritized?
A: Yes. 25% of loans are reserved for women.
Q6: Can I buy vehicles with the loan?
A: Yes. One locally made commercial vehicle allowed per borrower.
Partner Banks
- National Bank of Pakistan (NBP)
- HBL, Meezan Bank, Bank Alfalah
- Zarai Taraqiati Bank (ZTBL) for agriculture
Why This Scheme Matters
- Unemployment Reduction: Supports 50,000+ startups.
- Economic Growth: Boosts SMEs and agriculture productivity.
- Women Empowerment: 25% quota fosters female-led businesses.
Avoid Scams!
- Apply only via the official portal or partner banks.
- No agent fees – report fraud to 0800-77000.
Conclusion
The Prime Minister Youth Business & Agriculture Loan Scheme (PMYB&ALS) 2025 is a golden chance for youth and farmers to achieve financial independence. With zero interest for small loans and flexible repayment terms, this scheme is designed to uplift Pakistan’s economy. Apply now and turn your entrepreneurial dreams into reality!
Apply Here: PM Youth Loan Portal
Helpline: 0800-77000 | Email: info@pmyp.gov.pk