ANNOUNCED MAXIMUMRs 2.5 croreWhat changed in November?
The 10 November government announcement raises the scheme’s maximum from Rs 7.5 million to Rs 25 million. The new Tier-4 is intended to help eligible businesses and agricultural enterprises expand.
The announced maximum is Rs 25 million (2.5 crore). Confirm the eligible amount and terms with your financing bank.
قرض کی رقم اور منظوری کاروباری ضرورت اور بینک کی جانچ پر منحصر ہے۔ زیادہ سے زیادہ حد ہر درخواست گزار کے لیے منظور شدہ رقم نہیں ہوتی۔
Announced loan tiers
Borrower rates in the 10 November 2026 release.
| Tier | Financing range | Markup |
|---|---|---|
| Tier-1 | Up to Rs 500,000 | 0% |
| Tier-2 | Above Rs 500,000–1.5 million | 5% |
| Tier-3 | Above Rs 1.5–7.5 million | 7% |
| New Tier-4 | Above Rs 7.5–25 million | 8% |
Eight-year tenure is stated for the new Tier-4. Confirm each tier’s current tenure, security, contribution and charges with the bank.
Eligibility criteria
- Young people aged 21–45 with eligible new or existing business or agriculture ventures.
- IT and e-commerce applicants can qualify from age 18, subject to the applicable rules.
- Islamic financing is also mentioned in the announcement.
The expansion names agro-processing, cold chains and mechanised farming among the intended uses. Banks assess applications; no approval is guaranteed.
Source: latest PID announcement. Earlier SBP eligibility framework also specifies Pakistani citizenship and CNIC; current bank conditions must be checked.
How to apply online through PMYP
- Start with the official portalOpen PMYP / Digital Youth Hub and choose the Youth Business & Agriculture Loan Scheme.
- Choose the appropriate facilityConfirm your financing need, tier and whether the bank is implementing the new terms.
- Prepare the bank’s requested informationReview its identity, business or farm, income and security requirements. Do not assume the same documents apply to every tier.
- Submit and track your applicationUse official instructions and keep your application reference.
Application status, last date & help
Use the official PMYP portal’s current tracking or help options for your application. If the new tier is not displayed, ask the selected bank about implementation. This guide has no verified closing date or helpline number to publish.
درخواست اور اس کی پیش رفت صرف سرکاری پورٹل یا متعلقہ بینک سے چیک کریں۔
PM Youth Loan Scheme FAQs
Is the entire scheme interest-free?
No. The announced Tier-1 rate is 0%; Tier-2, Tier-3 and the new Tier-4 carry 5%, 7% and 8% respectively.
Does every farmer get Rs 2.5 crore?
No. This is a maximum scheme limit. The approved amount depends on the bank’s assessment and applicable conditions.
Can I apply through PunjabTest?
PunjabTest is an independent information site. Apply through the official programme route; banks make decisions.