PMYB&ALS (Prime Minister’s Youth Business and Agriculture Loan Scheme) promotes entrepreneurship among youth by providing business loans on simple terms and with less markup through 15 Commercial, Islamic and SME banks.

All Pakistani residents, aged between 21 and 45 years with entrepreneurial potential are eligible to apply for the loan. For IT/ E-Commerce related businesses, the lower age limit is 18 years. Applications have to be submitted online only through our website.

Loans provided under PMYB&ALS are segregated into 3 tiers.

Tier 1

The range is 0.5 million PKR with 0% markup

Tier 2

The range is above 0.5 Million upto 1.5 Million PKR with 5% markup

Tier 3

The range is above 1.5 Million upto 7.5 Million PKR with 7% markup

Apply for Loan

Fill online loan application

Track

Check status of your loan application

Calculator

Calculate loan repayment schedule

Apply For Loan

Frequently Asked Questions

Can loan be applied physically in branches?

No physical application form is required. All applications have to be submitted online at the following link/ address:

No. This scheme is only for resident Pakistanis.

No. Government employees are not eligible from applying under this scheme.

There is no general requirement of minimum educational qualification, though it will be a favorable consideration for decision making by banks. However, in case of businesses which compulsorily require certain qualification, certifications, diplomas, authorizations or licenses, the same must be held by the applicant.

 

 

Financial Calculators/Templates

This section is our collection of free financial calculators and templates that can help you with calculating and computing all sort of financial functions that are required for your business.
Our calculators can help you calculate and analyze income statement, cash flow and , balance sheet and your loan repayment schedule.

  • Balance Sheet
  •  Cashflow Statement
  •  Income Statement
  •  Loan Repayment

SMEDA Services

Small and Medium Enterprises Development Authority (SMEDA) has been tasked by PM’s Youth Programme Program with an advisory & supporting role to provide free guidelines to applicants.

Our Partners