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Youth Loan Scheme Application Form Download


Prime Minister of Pakistan Nawaz Sharif introduced Loan Scheme for Youth in very low markup, main purpose of this scheme is to provide financial help to those youngsters who are talented but can not start their business due to lake of investment. You can start you business with this scheme. Application form is totally freely available from NBP ( National Bank of Pakistan ) PDF Download Link below if you want to print it.



Terms and condition of this scheme.


Brief DescriptionSmall business Loans will focus on (but will not be restricted to unemployed youth, especially educated youth looking for establishing or extending business enterprises.
Eligibility criteriaAll Men/Women holding CNIC, aged between 21 and 45 years with entrepreneurial potential to apply from designated branches mapped with area of residence/business.
Security RequirementsOne Guarantor
Permissible CollateralsBusiness hypothecation
Focus on women50% of loans will go to women borrowers.
Debt-Equity ratio90:10
The borrowers’ contribution of equity would be in the form of cash or immovable property and will be required after approval of the loan.
Loan PeriodThe maximum tenor of the loan is 8 years, including one year’s grace period
Pricing8% fixed of borrower. Government will pay the difference of the cost of KIBOR + 500 bps.
Number of loans100,000
Size of LoanUpto Rs 2,000,000 (Twenty Lacs)
Allocation in budget 2013-14Rs. 5 Billion
Executing agencyIIn the first instance, National Bank of Pakistan (NBP) and First Women Bank Limited (FWBL) under the guidance and supervision of State Bank of Pakistan( SBP) to ensure participation of private banks:a) Private banks will be required to participate in this scheme on the basis of soundness of business proposals; and

b) SBP will encourage private banks to build this portfolio commensurate with their size.

c) SBP will arrange appropriate training for private banks to implement this scheme.

d) NBP will continue to play the lead role

Sectors and ProductsAll sectors. Standardized schemes /projects/undertakings will be designed by SMEDA, projects designed by private sector service providers or individuals themselves will also be admissible.Role of SMEDA:

a) The 50 feasibilities prepared and uploaded by SMEDA will b extensively publicized and their access to public made easier through multiple linkages with other relevant websites.

b) SMEDA will work closely with Punjab Information Technology Board (PITB) to ensure that the schemes are accessible to those who participate in PITB survey.

Application FormThe Form would be both in English and Urdu, and required minimum essential information with simple format.The processing time will not exceed 15 days and will be so stated clearly in the application form; and

The form would be readily available both in branches and through dedicated websites of the banks.

Non- refundable form processing fee will be Rs. 100 (One Hundred)

MonitoringSBP will publish consolidated information about the loans extended under the scheme for information of the public on quarterly bases on its website;An effective Complaints Center to process and resolve complaints will be set up;

E-government directorate of Ministry of IT will provide support

Geographical DistributionWhole of Pakistan. In case of Baluchistan, at least one branch of NBP will be designated per Division.All non-designated branches will also provide and receive filled application forms and dispatch them to the nearest branches.

Short  Terms for this scheme are as follow.


  1. Loan up to Rs. 2 Million (Rs. 0.5 Million – Rs. 2 Million)
  2. Only 8% markup
  3. To be distributed by NBP (National Bank of Pakistan) & FWB (First Women Bank)
  4. Total loans are 1 lakh
  5. All Pakistani nationals
  6. Eligibility – 21 years to 40 years
  7. Minimum educational qualification is Middle
  8. Students need to submit feasibility of the proposed project
  9. One personal guarantee required
  10. The applicant must have 10% seed money
  11. 15 days approval time
  12. The loans will be awarded transparently on pure merit basis
  13. 50% quota is for women
  14. The loans are to be paid back in seven years
  15. Monthly installments
  16. To mitigate risk, Government will share 50% of the losses subject to the maximum of 10% of the loan amount

Download Application Form.