Prime Minister/PM Youth Business & Agriculture Loan Scheme (PMYB&ALS) – 2025

The Prime Minister’s Youth Business and Agriculture Loan Scheme (PMYB&ALS) was launched by the Prime Minister of Pakistan. It aims to help the youth of Pakistan. In this plan, the loan will be given on easy terms and conditions. This will help young entrepreneurs start new businesses and update their current/existing businesses.

Apply for PM Youth Business & Agriculture Loan Scheme

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

The Prime Minister’s Youth Business and Agriculture Loan Scheme (PMYB&ALS) is a program offered by the Government of Pakistan. It aims to support young people in starting their own businesses and exploring new opportunities. The aim is to explore entrepreneurial opportunities and uplift the SME & Agriculture sector by providing affordable business loans on simple terms. Moreover, the loan will be provided with no or less markup through multiple Islamic, Commercial, and SME banks.

Objectives of the PM Youth Business & Agriculture Loan Scheme

To provide entrepreneurial opportunities to the youth of Pakistan.
Uplifting the SME and Agriculture sector of Pakistan.
Encouraging the youth to start new businesses.
To help the established businesses grow further.
To boost the economic growth of Pakistan.

Benefits of the PMYB&ALS

Helpline Number

Loan of 0.5 million (5 lacs) PKR to 7.5 million (75 lacs) PKR with a Tenor Period of up to 8 years.

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

Applicant must be a citizen of Pakistan with a valid CNIC as per NADRA.
The age of the applicant must be between 21 to 45.
The minimum age limit for IT/E-Commerace related businesses is 18 years with at least a matriculation and equivalent education.
The upper limit condition applies to individuals and sole proprietors.
In case of partnerships and companies, one of the owners, partners, or directors must be within the age limit described above.
Youth who own startups or existing businesses are also eligible as per above mentioned age.
Farmers in the agriculture sector will be grouped based on SBP’s guidelines. These guidelines are called “Indicative Credit Limits & Eligible Items for Agriculture Financing 2020.”

Loan Details

The loans from the Prime Minister’s Youth Business & Agriculture Loan Scheme are in three tiers. Here they are:

Tier 1

Amount (PKR): 0.5 million (5 Lacs)
Markup: 0%
Tenor: Up to 3 years

Tier 2

Amount (PKR): 0.5 million to 1.5 million (5-15 Lacs)
Markup: 5%
Tenor: Up to 8 years

Tier 3

Amount (PKR): 1.5 million to 7.5 million (15-75 Lacs)
Markup: 7%
Tenor: Up to 8 years

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

Please note that the application will be submitted online only. Here is the step-by-step process to apply for the Prime Minister’s Loan Scheme:

Please click on the “Apply Now” button given below.

Apply Now

Read the instructions provided there carefully before starting the application. Click the “Instructions” button to read the instructions and guidelines.
Enter your CNIC number, CNIC issue date, select the loan tier, and click “Enter.” You will be navigated to the relevant application form.

In the first section, you have to provide your “Personal Information.” At first, you have to select a bank through which you want to get the loan. Then, you will provide your name, CNIC details, address, husband/father/guardian information, mobile number, and other related information.

Click the “Save & Proceed” button at the end of the section after providing all the information to save it.

In the second section, you have to provide information about your business. You will provide information about your new/existing business, its category, name, sector, and other details. You can also provide your information about your experience, expenses, and upload any relevant documents.

In the third section, you have to provide loan details. In this section, you will select the loan tier, the loan amount you require, and the loan period.
In the last section, you have to provide financing details. Please provide information here if you have taken a loan from any other banks or financial institutions. Otherwise, skip this section.

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

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

After the successful submission of the application, you can check your application status later on. Here’s how you can check it:

Click on the button given below.

Check Application Status

Enter your CNIC number, CNIC issue date, mobile number, and date of birth. This information should be the same as that you have provided in the application.
Click on the “Submit” button to check your application status.

Loan Repayment Calculator

The Loan Repayment calculator helps in calculating the loan repayment schedule for the Prime Minister’s Youth Business & Agriculture Loan Scheme. Please click on the button below to access it.

Calculate

Frequently Asked Questions

No, the application can be submitted online only. The submission of a physical application is not required.

This loan scheme is only for the residents of Pakistan. So, a non-resident is not eligible to apply.

This scheme is not for those who are serving in Government institutions. So, the government employees are not eligible to apply.

No, there are no general requirements for minimum education to apply for the loan scheme. However, it will be a favorable consideration in making decisions by banks. Moreover, if you are applying for a loan for IT-related businesses, you must have a matriculation or equivalent degree.

Conclusion

The PM Youth Business & Agriculture Loan Scheme is an initiative by the Prime Minister of Pakistan to provide easy loans to youth. The objective of this loan scheme is to help you, entrepreneurs, to establish new businesses, and modernize and expand existing businesses. This initiative will help boost the economy of Pakistan.

In this scheme, the young entrepreneurs could get a loan of up to 7.5 million PKR. The loan scheme is segmented into three tiers (Tier 1, Tier 2, Tier 3). Please read the instructions carefully before applying for any tier. A complete step-by-step process is provided above to apply for the Prime Minister’s loan scheme.