PMYB&ALS 2025: How to Apply, Eligibility, Loan Tiers, and Benefits Explained

The Prime Minister's Youth Business & Agriculture Loan Scheme (PMYB&ALS) 2025 is a flagship initiative by the Government of Pakistan aimed at empowering young entrepreneurs and farmers through accessible financing. This program is designed to stimulate economic growth, reduce unemployment, and foster innovation across various sectors.

Overview of PMYB&ALS 2025

Launched under the Prime Minister's Youth Programme, PMYB&ALS offers subsidized loans to Pakistani citizens with entrepreneurial potential. The scheme caters to both startups and existing businesses, including those in agriculture, manufacturing, services, and e-commerce sectors.

Details PM youth loan program 2025

The Government of Pakistan has announced an interest-free loan of Rs. 500,000 for all provinces and individuals across Pakistan, in which registration and application submission are being done.

All those who want to start their own business or expand their existing business can avail this loan in this zone.

Eligibility Criteria

Age: Applicants must be between 21 and 45 years old. For IT and e-commerce businesses, the minimum age is 18 years.
Nationality: Must be a Pakistani citizen holding a valid CNIC.
Business Type: Open to individuals, sole proprietors, partnerships, and companies. In the case of partnerships and companies, at least one owner, partner, or director must fall within the specified age bracket.
Agriculture Sector: Farmers classified under the State Bank of Pakistan's guidelines are eligible.

All applications for loan will be submitted online only.
Government employees will not be eligible, but they can get the loan through any of their siblings or any other related persons.
There is no restriction on any type of education in this loan.

Loan Tiers and Details

The scheme offers loans under three tiers:

Tier	Loan Amount (PKR)	Markup Rate	Equity Requirement (New Businesses)	Security
T1	Up to 0.5 million	0%	None	Personal guarantee
T2	Above 0.5M to 1.5M	5%	10%	Personal guarantee
T3	Above 1.5M to 7.5M	7%	20%	As per bank's credit policy

Tenure: Up to 8 years for T2 and T3 loans, including a grace period of up to 1 year. For working capital loans, the tenure is up to 5 years.
Repayment: Monthly, quarterly, or half-yearly installments, depending on the loan agreement.

Application Process

Online Application: Visit the official portal at pmybals.pmyp.gov.pk to fill out the application form.
Document Submission: Provide necessary documents, including CNIC, business feasibility report, and financial statements.
Approval Timeline: Applications are processed within 15 to 45 days, subject to verification and bank policies.

Participating Banks

Several banks are participating in the PMYB&ALS, including:(hbl.com)

Habib Bank Limited (HBL)
Bank of Punjab (BOP)
National Bank of Pakistan
Askari Bank
Bank Khyber

Applicants can select their preferred bank during the application process.

Women Empowerment

To promote gender equality, 25% of the loans are reserved for female entrepreneurs.

Support and Assistance

For more information or assistance, applicants can contact the respective banks or visit the official portal at pmyp.gov.pk.

The PMYB&ALS 2025 is a significant step towards fostering entrepreneurship and economic development in Pakistan. By providing accessible financing options, the government aims to empower the youth to contribute actively to the nation's growth.