How to Apply for the PM Youth Business and Agriculture Loan Scheme (PMYB&ALS)
The Prime Minister’s Youth Business and Agriculture Loan Scheme (PMYB&ALS) is a flagship initiative of the Government of Pakistan, designed to empower young entrepreneurs and farmers through easy access to financing.
This program provides affordable loans ranging from PKR 0.5 million to PKR 7.5 million, offering flexible repayment terms and low-interest rates to promote entrepreneurship, innovation, and agricultural growth across the country.
To ensure a smooth and successful application process, it’s important to understand the eligibility requirements and prepare all necessary documents before you apply.
Documents Required for PM Youth Business & Agriculture Loan Scheme (PMYB&ALS)
Before starting your online application, make sure you have clear and legible scanned copies or photos of the following documents:
1. Passport-Size Photograph
A recent and clear passport-size photo of the applicant.
2. National Identity Card (CNIC)
A scanned copy of both the front and back sides of your valid CNIC is required for identity verification.
3. Educational Degree or Certificate
Upload your latest educational qualification (Matric, Intermediate, Bachelor’s, Master’s, or Ph.D.) to support your application.
4. Experience Certificates (if applicable)
If you have prior business or agricultural experience, attach relevant certificates or proof of experience.
This is especially helpful for existing business owners or applicants with professional backgrounds.
5. Business Recommendation Letter (for Existing Businesses)
Applicants running an existing business must provide a recommendation letter from a relevant Chamber of Commerce, trade association, or industry body to verify business credibility.
6. National Tax Number (NTN)
You’ll need a valid NTN (National Tax ID Number) for tax verification.
If you don’t have one, you can easily register online via the Federal Board of Revenue (FBR) website.
7. Customer Identification Number (CIN) – Residential Address
Provide a copy of your electricity bill showing the Customer Identification Number (CIN) for your current home address.
This helps the National Information Technology Board (NITB) verify your residence.
8. Customer Identification Number (CIN) – Office Address (if applicable)
If you have a business office, provide a recent electricity bill showing the CIN for your office address.
9. Vehicle Registration (if applicable)
If you own any vehicles, provide the registration number(s) of all vehicles registered in your name.
10. References
List the names, CNIC numbers, and phone numbers of two non-blood-related references who can verify your background.
11. Business Income & Expense Details
- For new businesses: Estimate your monthly income, list all business and household expenses, and mention any additional income sources.
- For existing businesses: Provide actual monthly income, business expenses, and household spending details.
💡 Important Notes Before Applying
- Ensure all uploaded documents are clear, visible, and valid — unclear or incomplete documents can delay processing.
- Gather all required files before starting the online form to avoid interruptions during submission.
- Double-check your eligibility to confirm that you meet the loan scheme criteria.
✅ Eligibility Criteria
Before applying, please make sure you:
- Are a Pakistani citizen aged between 21 and 45 years (18 years for IT or e-commerce-related businesses).
- Have a valid CNIC.
- Possess a viable business plan in the trade, manufacturing, services, or agriculture sectors.
- Are not a defaulter of any financial institution.
Meeting these requirements will increase your chances of loan approval.
🌐 How to Apply for the PM Youth Business & Agriculture Loan Scheme
Follow these simple steps to submit your application online:
- Visit the official PM Youth Program portal: https://pmyouthloan.gov.pk
- Click on “Apply Online” under the Business & Agriculture Loan Scheme section.
- Fill out the form carefully with your personal, financial, and business details.
- Upload all required documents (mentioned above).
- Review your information before submitting.
- After submission, you’ll receive a confirmation message and application tracking number.
You can use this tracking number later to check your loan status.
💬 Startup Support & Business Guidance
The PMYB&ALS also offers Startup Support Services, including:
- Business plan development assistance
- Financial guidance for loan utilization
- Entrepreneur mentorship programs
These services ensure that applicants not only receive funding but also build sustainable and successful ventures.
❓ Frequently Asked Questions
Q1: Who can apply for the PMYB&ALS?
Anyone between 21–45 years of age with a valid CNIC and a feasible business idea in any eligible sector can apply.
Q2: How much loan can I apply for?
You can apply for an amount between PKR 0.5 million and PKR 7.5 million, depending on your business plan and repayment capacity.
Q3: Do I need collateral?
Collateral requirements depend on the loan tier and participating bank’s policy. Smaller loans usually have minimal security conditions.
Q4: How can I check my application status?
Visit the official PM Youth Loan website and use your tracking ID to monitor your application progress.
Q5: What is the interest rate?
The program offers subsidized interest rates, starting from 0% to 5%, depending on the loan tier.
🚀 Apply Now
If you’ve gathered all your documents and confirmed your eligibility —
👉 Apply Now for the PM Youth Business & Agriculture Loan Scheme
Start your journey toward financial independence and become part of Pakistan’s youth-driven economic growth.