The PM Youth Loan Scheme 2025 is a golden opportunity for the youth of Pakistan to start or grow their businesses. This scheme, officially known as the Prime Minister’s Youth Business and Agriculture Loan Scheme (PMYB&ALS), offers loans on easy terms with low or zero markup.
This article provides a step-by-step guide on how to apply, eligibility criteria, loan details, and other essential information. Whether you are an aspiring entrepreneur or a small business owner, this scheme is designed to support you.
What is PM Youth Business and Agriculture Loan Scheme?
The Prime Minister Youth Business and Agriculture Loan Scheme 2025 is a government initiative to support young entrepreneurs and farmers. The aim is to:
- Promote self-employment
- Boost small and medium-sized enterprises (SMEs)
- Strengthen Pakistan’s agriculture sector
- Increase economic growth
Loans under this scheme are provided through various banks including Islamic, commercial, and SME banks with no or low markup rates.
Key Objectives
- Provide easy loan access to Pakistani youth
- Encourage self-employment and innovation
- Support new and existing businesses
- Improve the agriculture and SME sectors
- Help grow Pakistan’s economy
Benefits of the PM Youth Loan Scheme
- Loan amounts from PKR 0.5 million to PKR 7.5 million
- Flexible repayment period up to 8 years
- Very low or zero markup depending on the loan tier
- Loans available for startups and existing businesses
- Online application with simple documentation
Eligibility Criteria
To apply for the PMYB&ALS 2025, you must meet the following requirements:
- Must be a Pakistani citizen with a valid CNIC
- Age limit: 21 to 45 years
- Minimum age: 18 years for IT and E-Commerce businesses (with Matric qualification)
- Startups, existing business owners, and farmers can apply
- For companies or partnerships, at least one owner must meet the age criteria
- Farmers must meet SBP’s Indicative Credit Limits for Agriculture Financing
Loan Categories (Tiers)
The loan is divided into three categories:
Tier 1
- Amount: Up to PKR 0.5 million
- Markup: 0%
- Tenor: Up to 3 years
Tier 2
- Amount: PKR 0.5 million to 1.5 million
- Markup: 5%
- Tenor: Up to 8 years
Tier 3
- Amount: PKR 1.5 million to 7.5 million
- Markup: 7%
- Tenor: Up to 8 years
How to Apply for PM Youth Loan Scheme 2025 – Step-by-Step
The application process is completely online. Here’s how to apply:
Step 1: Visit the Official Website
Go to the official PM Youth Loan Scheme website.
Step 2: Start Your Application
- Click on “Apply Now“
- Enter your CNIC number and issue date
- Choose the Loan Tier (1, 2, or 3)
Step 3: Fill Personal Information
- Select a bank
- Provide name, CNIC details, contact number, address, and family info
Step 4: Business Information
- Mention if the business is new or existing
- Provide details: sector, name, experience, documents, expenses
Step 5: Loan Details
- Enter desired loan amount and repayment period
Step 6: Financial Information
- Mention any loans you already have (if any)
Step 7: Submit the Form
- Agree to the Terms & Conditions
- Click Submit
- A registration number will be shown and sent via SMS
Important Notes
- Must have an active SIM registered on your CNIC
- Application takes around 15 minutes
- You can save the application and complete it later
- Upload as many documents as possible to support your application
- Only online applications are accepted — no physical forms
Check Your Application Status
After applying, follow these steps to check the status:
- Click on “Check Application Status” on the official website
- Enter your CNIC number, CNIC issue date, mobile number, and date of birth
- Click Submit
- You’ll see your application’s progress
Loan Repayment Calculator
Use the Loan Calculator available on the official website to:
- Check your monthly payments
- Understand your total repayment schedule
Final Words
The PM Youth Loan Scheme 2025 is a great chance for the youth of Pakistan to become financially independent. With zero or low markup and a simple online process, it’s now easier than ever to start or expand your business.
