KAMYAB JAWAN SCHEME
Kamyab jawan loan for fresh entrepreneurs and prevailing industries between the age group of 21 – 45 years (18 Years for IT sector), is formulated to deliver subsidized financing through 21 Commercial and Islamic banks under the direction and management of the State Bank.
Eligibility Criteria:
All men/women/transgender keeping CNIC, between 21 and 45 years for individuals or any one of the stakeholders (however 18 for IT professionals/E-Commerce) with entrepreneurial ability.
Small enterprises (startups and surviving businesses) as per the description of SBP and occupied by youth as per the above-mentioned age frames are also capable.
For IT/E-Commerce relevant businesses, at least matriculation or similar education will be mandated.
Focus on Women:
25% of the program loans will go to women.
Proportions
The size of the loan is separated into three grades, as under:
- Group 1 loans- from Rs 100,000 to Rs. 1 million.
- Group 2 loans- Above Rs 1 million and up to Rs 10 million.
- Group 3 loans-Above Rs 10 million and up to Rs 25 million
Loan type:
Long tenure loan for Machinery and Equipment / Working capital loan/ Running Finance, and Leasing of Business on the wheel on 2/3/4 wheel locally generated automobiles.
Loan Tenor:
Up to 8 years.
Application Form:
The Form would be both in English and Urdu and need the least important data with an easy layout accessible on the Government procured Kamyab Jawan loan portal.
The processing period will not exceed 30 days and will be noted plainly in the application form. The non-refundable form processing fee will be Rs. 100/- Including NADRA online CNIC validation fee.
How to apply:
The applicant should apply immediately via Prime Minister Kamyab Jawan portal i.e https://kamyabjawan.gov.pk/bankform/newapplicantform
How can I apply for kamyab Jawan loan?
All capable individuals can apply for the loan by visiting Kamyab jawan loan Portal at
https://www.kamyabjawan.gov.pk/BankForm/newApplicantForm.
No other method of application/resignation different from through a designated online portal is acceptable.
Age between 21 to 45 Years as per CNIC at the time of application submission.
How do I check my loan status?
Existing subjects of a bank can trace the status of their loan requests through their net banking invoices. You are required to log in to the account and examine the status of the application under the loans category.
How to check Kamyab jawan loan application status?
- Aspirants have to go to the online portal to search for loan applications.
- Then, they have to enter a valid CNIC number without dashes, and a mobile number.
- They also have to deliver the allotment date to CNIC and Date of Birth to check their status.
