Prime Minister’s Youth Business & Agriculture Loan Scheme (PMYB&ALS) – 2025

The Prime Minister’s Youth Business and Agriculture Loan Scheme (PMYB&ALS), launched by the Government of Pakistan, is a groundbreaking initiative aimed at empowering the youth of Pakistan. This program provides affordable loans with easy terms and conditions, enabling young entrepreneurs to start new businesses or expand existing ventures in the SME and agriculture sectors.

By offering low-interest loans and flexible repayment options, the scheme is designed to foster entrepreneurial growth and contribute to the economic development of the country. The PMYB&ALS not only supports individuals looking to launch their businesses but also helps those seeking to modernize and scale their existing operations.

Apply for PM Youth Business & Agriculture Loan Scheme

What is the PM Youth Business and Agriculture Loan Scheme (PMYB&ALS)?

The Prime Minister’s Youth Business and Agriculture Loan Scheme (PMYB&ALS) is an initiative by the Government of Pakistan designed to support young individuals in launching their businesses or expanding existing ventures. This program aims to provide financial assistance to youth by offering affordable loans with simple terms and minimal markup.

The primary goal of the scheme is to empower young entrepreneurs by fostering innovation, stimulating the SME (Small and Medium Enterprises) sector, and enhancing the Agriculture industry. By partnering with multiple Islamic, Commercial, and SME banks, the scheme ensures easy access to financial resources, making it possible for youth to pursue their business dreams with minimal financial barriers. With low interest rates or no markup loans, the PMYB&ALS presents a unique opportunity for young people to explore entrepreneurial opportunities and make meaningful contributions to Pakistan’s economy.

Objectives of the PM Youth Business and Agriculture Loan Scheme (PMYB&ALS)

The Prime Minister’s Youth Business and Agriculture Loan Scheme (PMYB&ALS) aims to foster a thriving entrepreneurial ecosystem in Pakistan by achieving the following key objectives:

Empowering the Youth: Providing entrepreneurial opportunities to the youth of Pakistan, enabling them to start and grow their businesses.
Strengthening the SME & Agriculture Sectors: Supporting the SME (Small and Medium Enterprises) and Agriculture sectors to become more competitive and impactful within Pakistan’s economy.
Encouraging Business Creation: Inspiring young people to take the leap into entrepreneurship by offering accessible loans with minimal barriers to entry.
Supporting Business Expansion: Helping established businesses grow by providing them with the necessary funding to expand operations and scale.
Driving Economic Growth: Contributing to the overall economic growth of Pakistan by stimulating job creation and fostering innovation in key sectors.

Benefits of the PM Youth Business and Agriculture Loan Scheme (PMYB&ALS)

Loan Amount: Ranging from PKR 500,000 (5 lacs) to PKR 7.5 million (75 lacs), providing substantial funding for business ventures of various sizes.
Loan Tenure: Repayment terms of up to 8 years, offering flexibility for businesses to manage cash flow and invest in long-term growth.

By providing affordable financing and favorable terms, the scheme makes it easier for youth entrepreneurs to pursue their business goals while contributing to the country’s economic development.

Eligibility Criteria for PM Youth Business and Agriculture Loan Scheme (PMYB&ALS)

The PM Youth Business and Agriculture Loan Scheme (PMYB&ALS) is designed to support youth entrepreneurs and farmers across Pakistan. To qualify for this scheme, applicants must meet the following eligibility criteria:

Pakistani Citizenship: Applicants must be Pakistani citizens with a valid CNIC issued by NADRA.
Age Requirements:
For most businesses, applicants must be between 21 to 45 years of age.
For IT and e-commerce businesses, the minimum age requirement is 18 years, and applicants must have at least a matriculation (secondary school) or equivalent education.
Business Type:
The age limit applies to individuals and sole proprietors.
For partnerships and companies, at least one owner, partner, or director must fall within the eligible age range.
Startups and Existing Businesses:
Both startup businesses and existing businesses are eligible to apply, provided they meet the age and business requirements mentioned above.
Agricultural Sector:
Farmers in the agriculture sector are eligible, based on the SBP’s guidelines outlined in the Indicative Credit Limits & Eligible Items for Agriculture Financing 2020.

Loan Details

The Prime Minister’s Youth Business & Agriculture Loan Scheme offers loans in three tiers, designed to cater to businesses of various sizes and financial needs. Below are the details of each loan tier:

Tier 1

Loan Amount: Up to PKR 500,000 (5 Lacs)
Markup: 0% (No interest)
Repayment Period: Up to 3 years
Ideal For: New startups or smaller businesses looking for initial funding without financial burden.

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Tier 2

Loan Amount: PKR 500,000 to 1.5 million (5 Lacs to 15 Lacs)
Markup: 5%
Repayment Period: Up to 8 years
Ideal For: Growing businesses needing moderate funding for expansion or upgrading operations.

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Tier 3

Loan Amount: PKR 1.5 million to 7.5 million (15 Lacs to 75 Lacs)
Markup: 7%
Repayment Period: Up to 8 years
Ideal For: Established businesses with larger financing needs for significant expansion or new ventures.

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How to Apply for the PM Youth Business and Agriculture Loan Scheme (PMYB&ALS)

The PM Youth Business and Agriculture Loan Scheme is designed to be accessible, with a completely online application process for ease and convenience. Follow this step-by-step guide to apply for the loan:

Step 1: Start Your Application
Click the “Apply Now” button below to begin your application process.

Apply

Step 2: Review Instructions
Read the Instructions Carefully: Before you start, make sure to read the guidelines provided on the application page. Click the “Instructions” button to fully understand the process and the requirements.
Step 3: Enter Personal Information
Provide Your CNIC Details: Enter your CNIC number and CNIC issue date. This is required for identity verification.
Select the Loan Tier: Choose the appropriate loan tier that fits your needs (Tier 1, Tier 2, or Tier 3).

Step 4: Navigate to the Application Form
In the first section of the application, you’ll need to enter your Personal Information. This is an important step to verify your identity and ensure accurate processing of your loan application. Please follow the steps below:

After providing all the required information, click the “Save & Proceed” button at the end of the section to save your details and move on to the next step.

Step 5: Provide Business Information
In the second section, you have to provide information about your business. You will need to include details about your new or existing business, its category, name, sector, and other relevant information. Additionally, you can provide details about your experience, expenses, and upload any relevant documents.

In the third section, you have to provide loan details. Here, you will select the loan tier, the loan amount you require, and the loan period.
In the last section, you will need to provide financing details. If you have previously taken a loan from any other banks or financial institutions, please provide that information here. Otherwise, you can skip this section.

Lastly, check the two options to agree to the Terms and Conditions and click the “Submit” button. Once submitted, your application will be processed, and you will be contacted by the bank.

Important Instructions Regarding the Application for the PM Youth Business and Agriculture Loan Scheme

Sign Up First:
To start and submit your application, you must sign up first. This is necessary to begin the application process.
Registered Mobile Number:
The applicant must have a registered, active mobile number in their name or CNIC to initiate the application. This is important as the bank will use this number to contact you regarding your application status.
Application Time:
The application process typically takes 15 minutes to complete, but the time may vary depending on the information you need to provide.
Complete the Application in One Go:
You can complete the application in one go. Alternatively, you have the option to save your application as a draft and submit it later.
Provide Detailed Information:
To help the bank evaluate your application efficiently, provide as much detailed information as possible, such as business details, financial statements, bank statements (last 6 months), and any relevant supporting documents. This will aid in the approval process.
Registration Number:
After submitting your application, a registration number will appear on your screen. The same number will also be sent to you via SMS. Please save and remember this number as it will be needed for future reference.
Track Application Status:
You can easily track the status of your application using your registration number. Additionally, you will receive SMS updates about the progress of your application.
Online Submission Only:
The application must be submitted online through the official website. Physical applications will not be accepted or considered.

Check Your Application Status for PM Youth Business & Agriculture Loan Scheme (PMYB&ALS)

After successfully submitting your application, you can easily check its status later. Follow these steps to track your application:

Click the Button Below:
Simply click on the button provided below to begin checking your application status.

Check Application Status

To check your application status, enter the following details exactly as provided in your application:
CNIC number
CNIC issue date
Mobile number
Date of birth
Once you’ve entered this information, click the “Submit” button to view the status of your application.

Loan Repayment Calculator

The Loan Repayment Calculator helps you calculate your loan repayment schedule for the Prime Minister’s Youth Business & Agriculture Loan Scheme. To access the calculator, simply click the button below.

Calculate

Frequently Asked Questions

No, the application can only be submitted online. Physical applications are not accepted, and all submissions must be made through the official online platform.

No, this loan scheme is exclusively available for residents of Pakistan. Non-resident Pakistanis are not eligible to apply.

No, this loan scheme is not available to individuals serving in government institutions. Therefore, government employees are not eligible to apply.

No, there are no general education requirements to apply for the loan scheme. However, having an educational background may be a favorable factor in the bank’s decision-making process.
For IT-related businesses, applicants must have at least a matriculation or equivalent degree.

Conclusion

The PM Youth Business and Agriculture Loan Scheme is a vital initiative launched by the Prime Minister of Pakistan to provide accessible loans to young entrepreneurs. The primary goal of this scheme is to assist youth in establishing new businesses or modernizing and expanding their existing ventures. By empowering the next generation of entrepreneurs, this scheme will contribute to boosting Pakistan’s economy.

Through this program, young entrepreneurs can access loans of up to 7.5 million PKR. The loan scheme is divided into three tiers: Tier 1, Tier 2, and Tier 3. Before applying for any tier, please make sure to carefully read the instructions. A complete step-by-step process has been provided above to guide you through the application for the Prime Minister’s loan scheme.

Prime Minister’s Youth Business & Agriculture Loan Scheme (PMYB&ALS) – 2025

What is the PM Youth Business and Agriculture Loan Scheme (PMYB&ALS)?

Objectives of the PM Youth Business and Agriculture Loan Scheme (PMYB&ALS)

Benefits of the PM Youth Business and Agriculture Loan Scheme (PMYB&ALS)