USAID Pakistan Reading Project Small Grants Program
Prime Minister’s Small Business Loan Scheme Application Form, Required Documents , and Eligibility
Submit Application Through National Bank of Pakistan
Documents are required to apply for PM Youth Loan
The following documents are required in combination with the PM Youth Loan form.
* Application Form
* Copy of Computerized Identity Card Number
* Feasibility Report for the business category applied
* Educational / Experience Certificate (If any) It is not required if you are not educated.
After your business loan application is accepted then the bank will ask you to provide two guarantees if your loan amount is below Rs. 749,999 otherwise you will be required to submit the papers of property or gold as deposit to the respective bank if the amount of loan is equal to or greater than 7,50,000 to 20,00,000.
All the photocopies should be attest by a notary public representative.
Who can apply for PM Youth Loan Program
Any Pakistani citizen who can provide the documents necessary for the business plan are eligible to have loan.
If the person applying for loan is educated or have graduated from HEC recognized university, then he/she will be proffered in providing loan. Otherwise all Pakistanis are eligible for this scheme.
This loan scheme is also for the widows and families of martyrs. Special persons are also encouraged to apply as they have special quota in this scheme