2022 Prime Minister’s Youth Business Loan (PMYBL) for Pakistan Youths Worldwide

Prime Minister’s Youth Business Loan (PMYBL) encourages entrepreneurship among young people by offering loans to companies on simple terms and with a lower profit margin through 21 commercial, Islamic and SME banks.

All Pakistani residents between the ages of 21 and 45 with entrepreneurial potential are eligible to receive the loan. For companies associated with IT/E-Commerce, the lower age limit is 18 years. Applications have to be submitted online only through our website.

Loans provided under PMYBL are segregated into 3 tiers.

Tier 1

The range is 100,000 upto 1 million PKR with 3% markup. No Security required for loan in this tier.

Tier 2

The range is above 1 Million upto 10 Million PKR with 4% markup.

Tier 3

The range is above 10 Million upto 25 Million PKR with 5% markup.

Who can apply for 2022 Prime Minister’s Youth Business Loan (PMYBL) for Pakistan Youths Worldwide

  • All men/women holding CNIC, aged between 21 and 45 years with entrepreneurial potential are
    eligible. For IT/ E-Commerce related businesses, the lower age limit will be 18 years.
  • Small and medium enterprises (startups and existing businesses) as per definition of SBP and
    owned by youth as per above mentioned age brackets are also eligible.
  • For IT/E-Commerce related businesses, at least matriculation or equivalent education will be required.

How can I apply for 2022 Prime Minister’s Youth Business Loan (PMYBL) for Pakistan Youths Worldwide

Simply fill the PMYBL! Application Form  at the following link/ address and submit:

Is this scheme only for startups?

No. This scheme is for both startups as well as existing micro and small business enterprises.

My application was under process. Should I re-apply?

You will be contacted by your designated bank once the process is complete. However you can always
re-apply if you want to avail the increase in maximum loan size announced recently.

Can loan be applied physically in branches?

No physical application is not allowed. All applications have to be submitted online at the following link/
address: https://kamyabjawan.gov.pk/bankform/newapplicantform

Which banks are participating in this scheme?

Following banks are participating in this scheme:

  • Allied Bank Limited
  • Albaraka Bank Limited
  • Askari Bank Limited
  • Bank Al Falah
  • Bank Al Habib
  • BankIslami Pakistan Limited
  • Bank of Khyber
  • Bank of Punjab
  • Dubai Islamic Bank Limited
  • Faysal Bank Limited
  • First Woman Bank Limited
  • Habib Bank Limited
  • Habib Metropolitan Bank Limited
  • JS Bank Limited
  • MCB Bank Limited
  • Meezan Bank Limited
  • MCB Islamic Bank Limited
  • National Bank of Pakistan
  • Sindh Bank Limited
  • Soneri Bank Limited
  • United Bank Limited
What is the maximum and minimum age requirement for applicants?

The minimum age for the applicant under this scheme is 21 years at the time of application submission.
However, it is relaxable to 18 years in case of applicants applying for IT or Computer related businesses.
The maximum age limit is 45 years at the time of application submission

What if a person’s age is within maximum age limit at the time of application submission but exceeds this limit by the time loan is approved and/or disbursed?

Applicant is required to be 45 years or less in age at the time of application submission. If a person was
45 years of age at the time of application submission and his age exceeded 45 years before the loan was
approved and/ or disbursed, this will not affect the eligibility of applicant.

Does maximum age limit apply on all the business partners?

At least one business partner’s/director’s age should comply with the age limit defined under this
scheme (21-45 years).

What is the minimum educational requirement for an applicant?

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

Does any gender have any priority?

There is no gender discrimination in this scheme and applicants of all genders are offered equal
opportunities. However, considering the ground realities and to protect the fair gender, a minimum of
25% share on aggregate basis of all loans is kept for women.
Can employed persons also apply for this loan?