Kamyab Jawan Programme is a flagship program of government that was developed with an aim to create more job opportunities. Furthermore, the main purpose of this initiative is to provide means for young people to start their own businesses. For 2022, registration of the Kamyab Jawan Program is open now.
kamyab jawan provides interest-free and with interest loans to start-up businesses or to boost up an already running business. Additionally, this program offers equal opportunities to males and females to get loans to achieve their goals.
These are all programs offered from PM’s Kamyab Jawan Programme:
- Youth Entrepreneurship Scheme
- Startup Pakistan Programme
- Hunarmand Pakistan (Skills for All) Programme
- Green Youth Movement
- National Internship Programme
- Youth Engagement Platform
Kamyab Jawan Program 2022 Loan Categories
All Pakistani nationals who are aged between 21 to 45 years are eligible to apply for loans. Similarly, the age limit for IT and commerce businesses is lower than 18 years. YES (Youth Entrepreneurship Scheme) offers loans for new startups or for exciting running businesses as well. To get a loan it is only allowed to submit an online form through the official website by the government.
Kamyab jawan loan program has two categories. The first one is kamyab jawan halal loan and the second one is kamyab jawan loan with interest. This program allows loans from 10 Lakh to 2.5 crores.
These loan limits are divided into 3 tires. Details of these tires are mentioned below;
- Tier 1: This tire apovide load from 1 lake to 10 lakh. Applicant no need to provide any security to get the loan under this category.
- Tier 2: The range is above 1 Million upto 1 caror with 4% markup.
- Tier3: This category ranges from 10 Million upto 25 Million PKR with 5% markup.
Kamyab Jawan Offers Halal Loan
Most Pakistanis want loans without interest or halal loans. kamyab jawan offers loans without interest luckily. The interest-free loan category falls in tier 1. tier 1 offers loans 1 to 10 lakh and will provide on some conditions in 45 selected districts of Pakistan.
The maximum tenor of a halal loan is eight years, adding one year’s grace period.
How to apply Kamyab Jawan Offers Halal Loan
To apply for kamyab jawan halal loan go to this link: https://yes.kamyabjawan.gov.pk/BankForm/ApplicantForm
- Only online application forms are acceptable.
- In case of wrong CNIC number and issuance date, form will be rejected.
- You can not leve any section empaty on form.is compulsory to provide all demaded inormatin.
- Once you are selected for loan, you will recive an sms on your phone. In SMS you will get information about bank branch from where you will get loan.
Kamyab Jawan Loan with Interest
Similarly, kamyab jawan offers loans with interest as well. Loans with interest are tier 2 and 3. Tier 2 loan offers 1 Million up to 1 caror with 4% markup. Tier 3 loan offers 2.5 caror loans with 5 percent markup.
Kamyab Jawan Program Approaches
Kamyab jawan program approach is to uplift youth and unemployed people to do some business and reduce the ratio of unemployment. It consists of 3 main missions;
- To provide loans for business
- Teach skills to youth by offering scholarship
- Youth business startups to uplift the economy.
The best part of this initiative is providing loans to educated and uneducated people without discrimination. Anyone can start their own business if they have the potential to do something. Furthermore, the Kamyab jawan program also provides loans to women as well.
How To Apply For Kamyab Jawan Program 2022
It is very easy to apply for kamyab jawan program 2022. You do not need to visit any center or office to collect forms and documents. All the procedure is online. All the processes are checked online through article intelligence. You need to visit the official website to fill the form, here is the link to the website. Here, you need to follow 9 steps to provide information before submitting the form.
Here I will show you how to follow all these 9 steps to fill the form;
Step 1- Contact Details
Here you need to enter your address, phone number, province, and district details.
Step 2- Personal information
The applicant needs to enter personal bio-data such as name, gender, CNIC no, father name with CNIC, and picture front and backside. after that, click on the next button for the 3rd step.
Step 3- Qualification Details
In 3rd step, you need to provide your academic record history. When all the information is complete, click on the next step.
Step 4- Contact Details
Here you need to provide all the correct information about your address, phone number, permanent province, and districts.
Step 5- Business Information
At this 5th step, as you see in the picture here you need to provide business information details. Where you want to establish the business, city, and province.
Step 6- Financing Details
Step 6 required the information on which tier you want to select. Tier 1, tier 2, or 3? This step requires loan tenure, project cost, loan amount, and source.
Step 7- Business Plan
Here you have to give all information about the business model, the number of employees, expected number of employees, business time period.
Step 8- Financing History
Here at this step, you need to provide loan information if you are using it from another bank. Provide all the information along with a picture of loan details and bank name here.
Step 9- References
In the last 9th step, the applicant needs to provide information about two references’ contact details. These details contain the CNIC number, phone number, and address as well.
At last, when you complete all the steps there will appear a declaration page. Read it all and click on agree to submit the form. Once the form is submitted, you are not able to change any data.
So, it’s better to fill the form with correct information otherwise your form may be rejected.