Prime Minister Kamayab Jawan Scheme:
So as to give independent work chances to the jobless youth, the Administration of Pakistan is propelling Head administrator's Kamyab Jawan Youth Enterprise Plan the nation over.
Eligibility Criteria:
Every single Pakistani National holding legitimate CNIC, matured somewhere in the range of 21 and 45 years with innovative potential are qualified (for IT/E-Commerce related organizations, the lower age breaking point will be 18 years).
Little ventures spreading over all business areas (new businesses and existing organizations) according to the meaning of State Bank of Pakistan and possessed by youth according to previously mentioned age sections are additionally qualified. For IT/E-Commerce related organizations, in any event, registration and additionally, the experience of at any rate half-year is required.
Women Quota:
25 % Fix
Loan Size:
- Tier 1 (T1) loans- from Rs 100,000 to Rs. 0.5 million.
- Tier 2 (T2) loans- Above Rs 0.5 million and up to Rs 5 million.
Working Capital Loan & Term Loan.
Loan Tenour:
Up To 8 Year.
Grace Period:
Up To One Year.
Security Requirements:
- T1 loans: Only the personal guarantee of the borrower.
- T2 loans: Mortgage of collateral (As per bank’s own credit policy).
Pricing:
- T1 loans: 6% per year fixed for the borrower.
- T2 loans: 8% per year. fixed for the borrower.
Sector & Product:
All areas. Institutionalized plans/ventures/endeavors structured by SMEDA, or tasks planned by private segment specialist organizations or by people themselves.
Processing Fee:
100 Rupes Only.
How To Apply For Kamayb Jawan Kamayab Pakistan Scheme:
If you want to get the loan then visit the Site of Kamyab jawan Kamyab Pakistan
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