Here in thos post of www.educationist.info we are coming up with the details, application procedure, eligibility criteria, application form link, advertisement of Prime Minister’s Youth Business Loan Scheme 2016.
Eligibility Criteria of Prime Minister’s Youth Business Loan Scheme 2016
Applicant may apply for loans under this scheme only from the designated branch mapped with his/her area of residence/business
One/Up to 03 Guarantor/s having cumulative income equal to 1.5 of the amount applied for under the scheme Personal/Blood relations can also give guarantee for a borrower.
A government servant of BPS-16 and above can also act as a guarantee.
Size of Loan: Up to Rs. 20 lacs
Executing Banks of Youth Business Loan Scheme 2016
National Bank of Pakistan(Branches)
Frst Women Bank Limited(Branches)
Habib Bank Limited(Branches)
Habib Metropolitan Bank(Branches)
Al Baraka Bank(Branches)
Dubai Islamic Bank(Branches)
Allied bank Limited(Branches)
Muslim Commercial Bank(Branches)
United Bank Limited(Branches)
Youth Business Loan Scheme 2016 Bank Wise Application Forms