Smeda Feasibility Reports and DOWNLOAD FORM OF PM YOUTH SCHEME: COMPLETE DETAILS OF PRIME MINISTERS PROGRAM FOR THE YOUTH

Download NBP Guarantor Consent Form for Prime Minister Youth Scheme -Prime Minister Youth loan program

 Click here for all Smeda Feasibility Reports 

click this link to Download The Form

Download link 2

Download Link3

Guidelines for Prospective Loan Applicants

SMEDA has taken the initiative of developing pre-feasibility studies in fifteen sectors, and as per directions of the Prime Minister, has made them available to new start–up SMEs, through the SMEDA website, for the promotion of an entrepreneurial culture in Pakistan. To date, our website has recorded more than 117,000 downloads of the published pre-feasibility reports.

These prefeasibility studies provide a general understanding of the proposed business, and are structured like a business plan. However, to assist the prospective entrepreneurs / loan applicants, SMEDA will provide a template for business plan preparation and requisite guidelines for the loan applicants, as soon as the loan application forms are made available by the participating banks on their respective websites.

For further details, please contact: NBP, FWBL

 

Features of PM Youth Business Loan Scheme
Purpose of Scheme:

To provide small business loans in shape of Term loan focus on (but will not restricted to) unemployed youth, especially educated youth looking for establishing or extending business enterprise.

Eligibility Criteria

Females age between 21 to 45 year having ability to start their own business or intend to expand the existing business. Applicant should have some experience of relevant field or holds a business related diploma/certificate pertaining trade of proposed business setup.

Pricing / Markup Rate : 8%

Tenor

Maximum 7 years. The tenor will depend upon the nature of business, pattern of income and repayment capacity.

Finance Limit

Minimum : 500,000 Rs.

Maximum : 2,000,000 Rs.

Processing Time:

Processing time will not exceed 15 working days after submission of complete basic documents by the applicant.

Borrower’s Capital : 10% of Loam Amount

Collateral / Security:

From Rs. 500,000/- to Rs 749,999/- will be secured against Hypothecation of stocks/Assets & two personal guarantees of high net/credit worthy individuals including one of government servants minimum in BPS 17.

From Rs. 750,000/= up-to Rs 2,000,000/= will be secured against tangible securities such as Lien on deposit certificates, property mortgage, pledge of gold ornaments, Pledge of stocks.

Repayment of the Loan

Equal monthly installments with grace period of 6 months for principal payment Sector and Products

Sectors and Products

All sectors. Borrowers will be encouraged to obtain standardized schemes/projects/undertakings from SMEDA or any other body but this will not be mandatory for the borrower.

 

Tags:

download form of prime minister youth scheme

Prime Minister Youth Loan Business Scheme Final Details

PM Youth Loan and Qarz e Hasana Scheme Detail

Application Forms for prime minister scheme

How to Apply to prime minister youth scheme

application Procudure and Eligibility Criteria of prime minister youth scheme

 

A netpreneur, blogger and above all; A Human :) Asad Haroon tweets from @aghaasadharoon and can also be  approached on Google+

Related posts

abdulbasit says:

please sir soon announce the loan , I need urgantly upto march please sir?

Abdur Raziq says:

This scheme is not for poor educated person

sayed munawar naqvi says:

It seems that the scheme is very charming which attracts every one but the poor (helpless) will suffer a lot and do every effort to find any pious one that be guarantor of his loan.It means that no poor can be eligible to achieve this,so I humbly request honorable Prime minster sb to provide the said loan on approachable conditions that large number of unemployed poor people can fulfil

fara says:

hmare lea b laptop hai k jst punjab k lea hai

Amir says:

ni just punjab

sajid mansoor says:

ha to bohat achee schme.ager her gareeb o mily to.q k ameeroo ko to kisi na kisi tareky se mil jata ha karza,bechara gareeb humesha mara jata ha,,,rahe batt garantee ki to p.m ko chaeye ta k ager sanad tc apne pass rakhty or karza dety t shaid batt ban jati,,,per gold,zameen k papers,stock tec ager kisi k pass na hoon to wo gareeb keya paish kere,,,

Top