Here is how you can apply online for PM Khan’s “Kamyab Jawan Program”

All men and women of Pakistan with CNIC, age between 18 and 45 years can avail this opportunity.

For the first time in Pakistan PM Imran Khan has launched the “Kamyab Jawan Program” for the wellbeing of the youth.

This platform will help youngsters of Pakistan to create opportunities and open doors for economic empowerment.

All the young men and women of Pakistan can avail this excellent opportunity. People between age 18 to 45 with their CNC can apply for this program.

Kamyab Jawan Program

The loan distributed by the banks under the program will be between Rs. 100,000 to Rs. 5,000,000.

Banks

Following banks can assist for the execution of the program.

  • National Bank of Pakistan (NBP)
  • Bank of Punjab
  • Bank of Khyber

Eligibility Criteria

  • “All men/women should have 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 enterprises (startups and existing businesses) as per the definition of SBP and owned by youth as per above-mentioned age brackets are also eligible.
  • For IT/E-Commerce related businesses, the candidate must have at least matriculation and/or experience of at least six months”.

Loan Size

Loan size is separated into two tiers

Tier one loans- Rs1 lac to Rs5 lac
Tier two loans- Rs5 lac to Rs50 lac

Loan Period

Up to 8 years with a maximum grace period of up to one year.

Debt to Equity Ratio

Tier one loans- 90:10

Tier two loans- 80: 20

Security Requirements

Tier one loan- Only personal guarantee of the borrower.

Tier two loans- As per the bank’s own credit policy.

Application Form

The Form would be in both English and Urdu and require minimum essential information with a simple format.

However, the processing should not exceed 15 days, will be stated clearly in the application form.

The forms would be readily available in bank branches and on dedicated websites of the banks. A non-refundable form-processing fee will be Rs.100.

ONLINE APPLICATION FORM:https://yes.kamyabjawan.gov.pk/BankForm/ApplicantForm

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