Kamyab Jawan Program Youth Loan Scheme YES
Pakistan IT

Kamyab Jawan Program Youth Loan Scheme YES Phase II 2020 Update

Kamyab Jawan Program Youth Loan Scheme YES Phase II 2020 Update

Prime Minister’s Youth Loan Scheme Phase 2 has been started now. Here is complete detail about Kamyab Jawan Program Youth Loan Scheme YES Phase II 2020 Update. Moreover, you’ll know how to apply, loan tenure, age limit, interest rate & loan lending banks details. How to Apply for Youth Loan, Govt Loan, Kamyab Jawan Loan. So, every bit of information about Kamyab Jawan Program available on this. Therefore, now you don’t need to search for information individually anywhere else.

Most of the people don’t know the exact way to submit application procedure & how to develop SMEDA report for it. We’ll show you the easy & best procedure to do all the required steps with ease.

Kamyab Jawan Program Youth Loan Scheme YES Phase II 2020 Update

Kamyab Jawan Program Youth Loan Scheme YES complete detail

As all we know the Prime Minister’s vision of creating a large number of opportunities for youth. So, Kamyab Jawan is the chain of this PM’s Youth Entrepreneurship Program with the slogan “Hunar se Karobar Tak“.

Program has developed in collaboration with 3 main departments, namely Pakistan Poverty Alleviation Fund (PPAF), State Bank of Pakistan (SBP) & Medium Enterprise Authority (SMEDA). SBP plays role along with 21 major banks of Pakistan including National Bank of Pakistan (NBP), Bank of Punjab (BOP) & Bank of Khyber (BOK) etc. While, SMEDA is responsible to educate applicants on how to develop feasible report & how to maintain business.

Phase 2 is Now Started – Apply Now Watch Video

Important Announcement

According to Kamyab Jawan, “Welcome to the Youth Entrepreneurship Scheme (YES). Under the scheme, applicants can submit applications online to receive various loans from the government to support their start-ups and small businesses as well as existing enterprises. The loan limit has been increased to 25 million and the total number of banks involved is 21 to make the process speedy. Please read the instructions manual and FAQs thoroughly before filling and submitting the application.”

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These all 3 main department will collaborate together to provide subsidized loan to the youth, along with giving them the basic aptitude to run a successful business.

Urdu Translation

How to Apply Online?

How to Apply Online?

💡 1. You’ve to submit online application form for Kamyab Jawan Loan Program. To go to online application form click on the following link




https://kamyabjawan.gov.pk/BankForm/newApplicantForm

You’ll see a form (as shown in following photo), you’ve to completely fill it with valid information.

Apply Online Prime Minister Youth Loan Scheme 2020

💡 In order to successfully submit loan application, an applicant have to complete 9 steps of online form. During these 9 steps, applicant have to provide basic information, as well as bank details. Moreover, this time in phase 2, applicant will also fill the Business Plan form. Watch the video below, to know complete application procedure;

Watch YouTube Video to Watch How to Apply Online

💡 Before, submitting application form, thoroughly read all the terms & conditions of affidavit, if agree then tick mark on the left side of the screen. Furthermore, you’ve to click on “Submit” button.

Urdu Translation

What is the Eligibility Criteria?

What is the Eligibility Criteria for YES
  • All men/women/transgenders holding CNIC, age between 21 & 45 years with entrepreneurial potential are eligible. Furthermore, for IT/E-Commerce related businesses, the lower age limit is 18 years.
  • Small enterprises (startups & existing businesses) as per definition of SBP & owned by youth as per above mentioned age brackets are also eligible.
  • For IT/E-Commerce related businesses, at least matriculation &/or experience of at least six months.

Important Terms & Conditions

Important Terms & Conditions Kamyab Jawan
Urdu Translation
  • What is Loan Limit? Government of Pakistan shall provide mark-up & credit loss subsidy on small business loans in the range of 100,000 to Rs.1 million. In Phase 2, there are 3 Tier as under;
  • Loan Type & size : Loan is of two types i.e Working Capital Loans & Term Loans, while, size of the loan divides into two tiers, as under;
    • Tier 1 (T1) Loans: Rs 100,000 to Rs.1 Million
    • Tier 2 (T2) Loans: Rs.1 Million to Rs.10 Million
    • Tier 3 (T3) Loans: Rs.10 Million to Rs.25 Million
  • Loan Tenor: Upto 8 years with maximum grace period of upto one year.
  • Security Requirements: Security arrangements will be as under:
    • T1 Loans: Clean, however, only personal guarantee of the borrower
    • T2 Loans: As per bank’s own credit policy
    • T3 Loans: As per bank’s own credit policy

Focus on Women Borrowers: 25% for Women Borrowers

Focus on Women Borrowers

25% of the loans will go to women borrowers. Therefore, women must apply, as, there are more chances for women to get loan.

Frequently Asked Questions – FAQs

1. HOW AND WHERE CAN I GET LOAN APPLICATION FORM?
No physical application form is required. All applications have to be submitted online at given website address, given at the start of this page.
2. WHICH BANKS ARE PARTICIPATING IN THIS SCHEME?
Following three banks are designated as lead banks for this scheme: 1. National Bank of Pakistan, 2. Bank of Punjab, 3.Bank of Khyber
3. CAN I APPLY FROM ANY BRANCH OF PARTICIPATING BANKS?
Application for loan under this scheme can only be submitted online. You only have to fill out the form at the at the following link/ address and submit. Branch of your selected bank located nearest to your given address will be automatically selected and an SMS message will be delivered to your provided cell number with confirmation of application submission and details of your selected bank and assigned branch.
4. IS THERE ANY PROCESSING FEE TO BE PAID FOR APPLICATION?
You only have to pay Rs. 100/= (Rupees One Hundred Only) as processing fee.
5. IS THIS PROCESSING FEE REFUNDABLE?
Processing fee is non-refundable.
6. WHEN AND HOW CAN I WITHDRAW MY APPLICATION?
You can withdraw your application any time before your application is approved or rejected. In case your application is approved, you can withdraw your application by rejecting the offer. In case your application is rejected, you cannot withdraw your application and the status of your application will remain as “rejected”.
7. HOW DO I WOULD KNOW THAT MY APPLICATION HAS BEEN ACCEPTED FOR PROCESSING?
Upon submission of your application on the portal, an SMS message will be delivered to your provided cell number with confirmation of application submission and details of your selected bank and assigned branch.
8. WHAT IF I WRONGLY FILLED A FORM AND NEEDED A REPRINT/ ANOTHER FORM?
To help you check and correct or make changes, you can fill out the form at portal and save before submission for proof reading and corrections. But no corrections can be made after an application is submitted. Therefore, all applicants are advised
1. To fill out the form correctly and with utmost care,
2. Save the filled out form before submission
3. Proof read the whole form for correctness and accuracy and then submit the form.
9. WHAT DOCUMENTS DO I NEED TO ATTACH WITH MY LOAN APPLICATION FORM?
No documents are required at the time of online form submission.
10. CAN I SUBMIT MY LOAN APPLICATION IN A BRANCH OTHER THAN THE FORM ISSUING BRANCH?
Application for loan under this scheme can only be submitted online. Branch of your selected bank located nearest to your given address will be automatically selected and an SMS message will be delivered to your provided cell number with confirmation of application submission and details of your selected bank and assigned branch.

That’s all about “Kamyab Jawan Program Youth Loan Scheme YES Phase II 2020 Update”. In case of any query, feel free to comment or contact us.

16 Replies to “Kamyab Jawan Program Youth Loan Scheme YES Phase II 2020 Update

    1. You just don’t follow further steps, if you receive call from bank, just told them you’re not interested anymore!

  1. Dera Allah yar distic jaffarabad NBP branch m kuch dalal jaise k bank maneger or os k kuch sathi fazal muhammad khosa jvt teacher logo se 160000 le kr baqi un logo ko paise de rahe to govt of pakistan se or nab se guzarish h k in or in jiase logo ko pakre ta k log bina kisi takleef k form online kr ske.

  2. These complaint centers are always just for Punjab today as you would like to ask a question in the comments section on the basis of whether we live nahen in Pakistan till the end of the double standard.

    1. Not at all my dear brother, govt federal services are same all over the Pakistan. Only provincial services may differ. Sindh is Pakistan’s integral part. We all provinces are parts of one body, Pakistan!

  3. hi Aslam o alikum sir I apply loan almost 2 months before, already provided guarantees and everything required m a needy woman, I m calling given numbers and nearest branch also but no body is replying, plz reply how much time required more or where from I can get information about my procedure

    1. W Salam, Mam Actually its all upto the Govt. But Govt is not issuing clear timeline that’s why nobody knows about it. We can just pray for you. May Allah be with you!

    2. Assalam o alalikum sir
      Sir mujhe Ye puchna tha k mein apna karobar shuro karna chahta hon jeisy k riksha wagera se apna karoobar bnana chahta hon Kya Ap bta sakty hein k is k liye lon mil sakta hai sir please help kijiye mujhe karobar ki ashad zaroort hai Meri taleem B.A hai

  4. Asslam o Alekum SIr.
    me ne 21/10/2019 ko loan apply kia tha ,
    lekin abhi tak Amount Approved nahi hua,
    Sir, abhi bhi Inprocess aa raha hai ,
    ab Sir, aap batain me kia karon, ?

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