As part of its drive to encourage youth entrepreneurship and bolster the economy, the Government of Pakistan has revived the Prime Minister Youth Business & Agriculture Loan Scheme 2025 (PMYBALS). Under this program, youth can seek loans worth up to Rs. 5 lakh (Tier 1) to initiate or expand business or agriculture projects.
If you’re between 21 to 45 years old and want to start your own business, this scheme could be your gateway to financial independence.
PM Youth Loan Scheme 2025
- Loan Range: Rs. 50,000 to Rs. 7.5 million
- Rs. 5 Lakh Loan Covered in Tier 1
- Markup (Interest) Rate:
0% markup for loans up to Rs. 500,000
5% markup for loans from Rs. 500,001 to Rs. 1.5 million
7% markup for loans ranging from Rs. 1.5 million to Rs. 7.5 million
- No collateral required in the case of Tier 1 loans
- Repayment Period: Maximum 8 years (including grace period)
- Both new and existing companies are eligible
- Special Quota for Women: 25% loan quota for female applicants
Who Can Apply?
In order to be eligible for the PM Youth Loan Scheme 2025, you need to:
Be a Pakistani citizen
Be aged between 21 to 45 years
Possess a valid CNIC
Have a good business idea or plan
For IT/E-commerce ventures: minimum of 18 years with at least Matriculation
Prime minister youth loan scheme 2025 Documents Required
Ensure you have the following documents ready before applying online:
- CNIC (Computerized National Identity Card)
- Recent Photo
- Business Plan / Feasibility Report
- Income Proof (if applicable)
- Educational Certificates
- Experience Certificates (if any)
- Bank Account Details
Prime minister youth loan scheme 2025 apply online – Step by Step
Here is the step-by-step procedure to apply for a loan under Tier 1 (up to Rs. 5 lakh):
Visit Official Website:
Go to https://pmyp.gov.pk/
Click on “Apply Online”
Go to the “Youth Business Loan” section and click on “Apply Now”.
Fill the Online Form:
Enter all personal and business details.
Upload Documents:
Attach your CNIC, business plan, photo, and other required documents.
Select a Bank:
Select from the participating banks below:
National Bank of Pakistan (NBP)
Bank of Punjab (BOP)
Bank Alfalah
HBL
Askari Bank
MCB and others.
Submit the Application:
After entering all your information, submit the form. You will be given a tracking ID.
Loan Approval & Disbursement
Your application shall be processed by the chosen bank once submitted. If approved:
- You will be contacted for verification/interview
- Loan amount will be credited directly into your given bank account
- You are ready to spend the money for your approved business intent
Fast Track Tips
- Have a solid, realistic business plan
- Submit accurate and complete documents
- Use a bank with a local branch for easier tracking
- Apply early before funds are depleted
Prime minister youth loan scheme 2025
The PM Youth Business & Agriculture Loan Scheme 2025 is a golden chance for Pakistani youth to become entrepreneurs and provide employment to others. With the government providing interest-free loans of up to Rs. 5 lakh, there’s never been a more opportune time to give your business idea serious thought.
Don’t miss the boat — apply now and take your first step towards financial independence!
