Scope & Eligibilty:

• All citizens of Pakistan holding CNIC, aged between 21 and 45 years (18 for IT professionals having

• matriculation or equivalent education) with entrepreneurial potential are eligible.

• Age limit is applicable on individuals and sole proprietors.

• Other forms of business including partnerships and companies, only one of the owners, partners or

• directors must be in the age bracket prescribed above.

• Small and Medium Enterprises (startups and existing businesses) owned by youth as per above

• mentioned age brackets are also eligible.

• In case of agriculture, farmers’ classification as per SBP’s “Indicative Credit Limits & Eligible Items for

• Agriculture Financing 2020” will be applicable.

• 25% of the loans will go to women borrowers.

• All business segments/sectors spread across Pakistan, including Agriculture.
   

Offering:

• Long term/Development Loans

• Working Capital/Production Loans
   

Loan Tenor:

• For Long Term/Development Loans: Up to 8 years (with grace period of up to 1 year)

• For Working Capital / Production Loans: Up to 5 years (Option for a grace period wherein only markup will be payable during first 2 years).
   

Limit Structure:

Application Process:

Apply through PMYP Online Portal with an application processing TAT as per respective PRs of SME / Agri or as amended by SBP from time to time.