Apply For Kamyab Jawan Program - Prime Minister Kamayab Jawan Youth Entrepreneurship Scheme

Apply For Kamyab Jawan Program

The Government of Pakistan has re-opened applications for the Kamyab Jawan - Youth Entrepreneurship Scheme, which offers to finance for business ventures. Eligible people can apply by visiting the Kamyab Jawan Portal at https://www.kamyabjawan.gov.pk/BankForm/newApplicantForm. No other way of applying is acceptable.

The Youth Entrepreneurship Scheme seeks to promote and support young entrepreneurs aged 21-45 years who have innovative business ideas. It offers access to finance, training and mentorship, and support for business development. The scheme is open to citizens and residents of Pakistan.

Who is eligible for kamyab Jawan loan?

Age	Age between 21 to 45 Years as per CNIC at the time of application submission. For IT/E-Commerce-related businesses, the lower age limit is 18 years, holding at least minimum Matric or equivalent education.
Gender	Men/Women/Transgender
Type of Businesses	Small and Medium Enterprises (startups and existing businesses) as per definition of SBP and owned by youth as per above-mentioned age brackets.
Loan Size, Pricing & Security	Tier Loan Amount Pricing Security T-I Rs. 0.1 M to Rs. 1 M 3% per annum Clean loan T-II Above Rs. 1 M up to Rs 10 M 4% per annum Secured loan T-III Above Rs. 10 M up to Rs 25 M 5% per annum Secured loan
Purpose of Loan	Setting up of New Business Expansion of Existing Business
Equity	For New Business: T-I: 10% T-II & T-III: 20% For Existing Businesses: NIL
Sectors	All sectors including agriculture
Loan Type	Long Term Loan Working Capital Loan Leasing/financing of locally manufactured vehicles. Only one vehicle per borrower is allowed.
Loan Tenor	Up to 8 Years with Maximum Grace Period of up to 1 Year
Loan Repayment	Based on Equal Monthly Installment (EMI) payable on the 1st of every month
Fees & Charges	Processing Fee: Rs. 100 Other Charges: At Actuals

In order to apply, you will need to provide pictures or scanned copies of the following documents:

1. A clear, visible picture

2. Your CNIC – front and back copies

3. Your highest educational degree

4. Your relevant technical degree

5. Proof of your artisanship or skilled labor, if available

6. Experience certificates (preferably all of them)

7. The license you have applied for, if

8. You'll need to get your NTN number before you file your application.

9. Make sure to have your reference and the consumer number of your electricity connection handy.

10. Have an estimate of your expected business revenues and expenses ready.

11. Here's a brief overview of your business idea.

12. list any other sources of income you may have, like foreign remittance, salary income, or agriculture income.

13. Vehicle registration number (in case of self or parents’ name for females)

14. Two CNICs of reference persons

15. Entity Existence documents must be filed with the appropriate agency in order to establish the legality of the company or partnership. These documents must be approved in order for the company to conduct business.

For existing businesses:

1. Latest financials-signed

2. Recommendation letter from Chamber/Trade Body/Union/Association

3. Reference/Consumer number of Electricity connection installed at a business address

4. Please provide a bank statement or bank maintenance certificate.