(December 07, 2013): — Prime Minister Nawaz Sharif announced the launch of a business loan scheme aimed at the youth. Under the scheme Loans of up to Rs 2 million will be given on easy installments. The prime minister clarified that an education was not a prerequisite for the loan and those using this facility could use it towards enhancing their career and the development of the nation.
Addressing party workers in Gilgit Baltistan, Prime Minister Sharif said the youth business loan scheme was being started with a fund of Rs 100 billion and forms will be available in the next few days. Under the scheme, those between the ages of 21-45 will be able to apply for loans.
The scheme will be inaugurated today (Saturday) by Prime Minister Nawaz Sharif.
Under the schemes, 50% loans will be given to female Youth.
Sharif said that loans will be given to anyone who is committed to doing business, adding that literacy and experience does not matter with regards to the loans.
The premier giving more details about the scheme said that the loan can be returned in installments over a period of eight years and no installments would need to be paid in the first year.
Applications forms for the Youth Business Loans will be available from Monday.
Please contact on below mentioned Contact no. for Prime Minister’s Youth Business Loan Scheme….
Free Download PM Youth loan Form in PDF file format Link Given Below :