PM Youth Loan Scheme 2025 – Get 5 to 75 Lakh Without Guarantee | 0% Interest Loan Details

The Prime Minister Youth Business & Agriculture Loan Scheme (PMYB&ALS) 2025 is a revolutionary step by the Government of Pakistan to empower youth, entrepreneurs, and small farmers through easy access to finance. This initiative aims to provide interest-free and low-markup business loans ranging from Rs. 500,000 to Rs. 7.5 million, helping young Pakistanis turn their ideas into sustainable businesses.

Under this program, you can get a loan from Rs. 5 lakh up to Rs. 75 lakh, with 0% markup on the first tier — and that too without any traditional collateral for smaller loans.

Why the PM Youth Loan Scheme 2025 Matters

In today’s challenging economic climate, starting a business or expanding a farm requires capital — but banks often demand heavy guarantees and charge high interest rates. The PM Youth Loan Scheme 2025 removes these barriers by offering government-backed financing, making it easier for youth, skilled workers, and farmers to secure funding.

The scheme supports both Islamic and conventional banking systems and has a fully digital application process, ensuring transparency and accessibility even in remote areas.

Main Objectives of the Scheme

• Reduce unemployment by encouraging youth-led entrepreneurship.

• Support agriculture and small businesses with easy loans.

• Promote innovation and self-reliance among young entrepreneurs.

• Empower MSMEs (Micro, Small, and Medium Enterprises) through accessible financing.

• Build a sustainable economy by promoting business creation instead of job dependency.

Loan Tiers, Markup, and Tenure (2025 Update)

💡 Note: Vehicles or assets financed under Tier 2 and Tier 3 often serve as collateral. Existing businesses generally do not require equity, while startups may need small contributions per bank policy.

Who Can Apply? – Eligibility Criteria (2025)

To qualify for the PM Youth Loan Scheme 2025, applicants must meet the following requirements:

• Must be a Pakistani citizen with a valid CNIC.

• Age limit: 21–45 years (minimum 18 years for IT and e-commerce applicants).

• Business Type: New startups or existing enterprises (including agriculture).

• Education: Minimum Matric for IT/e-commerce applicants only.

• Sectors Covered: All sectors including livestock, dairy, fisheries, poultry, crops, retail, manufacturing, and services.

• Eligible Entities: Individuals, partnerships, and registered companies (with at least one partner within the age limit).

Participating Banks

The PM Youth Loan Scheme is being offered through multiple Islamic and conventional banks across Pakistan.
Some of the major participating institutions include:

• Habib Bank Limited (HBL)

• Bank of Punjab (BOP)

• Al Baraka Bank

• Askari Bank

• Sindh Bank

• Meezan Bank

• Bank Alfalah

Each bank may have slight differences in documentation or processing time, but all follow the same government-backed loan structure.

Step-by-Step: How to Apply Online for PM Youth Loan Scheme 2025

Follow these simple steps to apply for the PM Youth Loan online:

Step 1: Visit the Official Portal

Go to the official Prime Minister Youth Program website:
👉 https://pmyp.gov.pk

Step 2: Start Your Application

Click on “Apply Now” under the Business or Agriculture Loan section.
Enter your CNIC number and issue date to begin your application.

Step 3: Choose Loan Tier

Select your preferred loan category:

• Tier 1: Up to Rs. 500,000 (0% markup)

• Tier 2: Rs. 500,001–1,500,000 (5% markup)

• Tier 3: Rs. 1,500,001–7,500,000 (7% markup)

Step 4: Fill the Application Form

Provide the following details:

• Personal Information (Name, CNIC, Address, Contact, Education)

• Business Information (Nature, Experience, Monthly Income/Expenses)

• Financial Requirements (Loan Amount, Purpose, Repayment Plan)

• Bank Preference (Islamic or Conventional)

Step 5: Upload Required Documents

Attach scanned copies of:

• CNIC (front and back)

• Recent passport-size photo

• Educational certificate (if applicable)

• Business plan or proposal

• Bank account details

• Utility bill (if applying for an existing business)

Step 6: Submit and Track

After submission, you’ll receive a tracking number via SMS.
Use it to track your application status on the same portal.

Documents Checklist

Pro Tips to Increase Approval Chances

• Use a mobile number registered on your CNIC.

• Upload clear and original documents.

• Keep your business plan realistic — include cost, revenue, and payback timeline.

• Choose a bank actively processing PMYB&ALS loans in your city.

• Avoid multiple submissions — it can delay or disqualify your application.

Business Ideas You Can Start with PM Youth Loan

Tier 1 (0% Markup – Up to Rs. 500,000)

• Home bakery or tailoring shop

• Mobile repair service

• Mini dairy or poultry setup

• Online e-commerce store

• Drip irrigation or small-scale agriculture

Tier 2 (5% Markup – Rs. 0.5–1.5 million)

• Retail outlet or salon expansion

• Dairy machinery or tunnel farming

• Small restaurant or delivery service

Tier 3 (7% Markup – Rs. 1.5–7.5 million)

• Manufacturing unit

• Agri-machinery setup

• Cold-chain transport

• Commercial greenhouse project

Important Clarification

The claim “0% interest for Rs. 5 to 75 lakh” is incorrect.
Here’s the correct breakdown:

• 0% interest applies only to Tier 1 loans (up to Rs. 500,000).

• Tier 2 has a 5% markup.

• Tier 3 has a 7% markup.
  Collateral is not required for Tier 1 but may be necessary for higher tiers as per bank policy.

How to Track Your PM Youth Loan Application

You can easily check your loan application progress:

1. Visit the PM Youth Programme portal.

2. Click on “Track Application.”

3. Enter your CNIC, issue date, and registered mobile number.

4. The system will show your current status — approved, pending, or under review.

Conclusion

The PM Youth Loan Scheme 2025 is a golden opportunity for Pakistan’s youth to start or expand their businesses without financial stress. With 0% markup up to Rs. 500,000, easy online registration, and government-backed guarantees, this program provides the foundation for a self-reliant and entrepreneurial Pakistan.

If you have a dream to start a business — now is the time to apply and make it happen.
👉 Visit https://pmyp.gov.pk and begin your application today!