Prime Minister's Youth Programme

Prime Minister’s Youth Business and Agriculture Loan Scheme (PMYB&ALS) promotes entrepreneurship among youth by providing business loans on simple terms and with less markup. All Pakistani residents, aged between 21 and 45 years with entrepreneurial potential are eligible to apply for the loan.

Prime Minister’s Youth Business & Agriculture Loan Scheme (PMYB&ALS) has been launched with the following features;

1 Eligibility Criteria
i. All citizens of Pakistan holding CNIC, aged between 21 and 45 years with entrepreneurial potential are eligible.
ii. For IT/E-Commerce related businesses, the lower age limit will be 18 years and at least matriculation or equivalent education will be required. Above age limit condition is applicable on individuals and sole proprietors. In case of all other forms of business including partnerships and companies, only one of the owners, partners or directors must be in the age bracket prescribed above.
iii. Small and Medium Enterprises (startups and existing businesses) owned by youth as per above mentioned age brackets are also eligible.
iv. In case of agriculture, farmers’ classification as per SBP’s “Indicative Credit Limits & Eligible Items for Agriculture Financing 2020” will be applicable.
2 Loan size Tier 2 (T2): Above Rs 0.5 million and up to Rs 1.5 million (Secured)
Tier 3 (T3): Above Rs 1.5 million and up to Rs 7.5 million (Secured)
3 Loan type Term loans/ working capital loans including murabaha and leasing/financing of machinery and locally manufactured vehicles for commercial use.
Only one vehicle per borrower is allowed. A borrower in food franchise and distribution business may avail financing for more than one vehicle.
Upto 65% of total financing limit can be availed for Civil Works.
For agriculture, production and development loans are eligible.
4 Loan Tenor T2 & T3: up to 8 years for long term/development loans with maximum grace period of up to one year. For working capital/production loans and murabaha under T2 and
T3, tenor will be up to 5 years. Banks will have the option to lend working capital/production loans wherein only markup will be payable during first 2 years and thereafter both principal along with the markup will be paid in next 3 years making it total repayment period of up to 5 years.
5 Debt: Equity ratio For New Businesses:
T2 – 90:10
T3 – 80:20
The Borrower’s contribution of equity would be in the form of cash or immovable property and will be required after approval of loan.
For Existing Businesses: Nil for all tiers.
6 Bank rate T2 & T3: KIBOR+3%
Six months KIBOR offer will be used for calculation of mark-up subsidy.
7 End user rate T2: 5%
T3: 7%
8 Security Requirements Security arrangement will be as under:T2: (secured).
T3: (Secured), As per banks policy.
Vehicle(s) financed under T2 & T3 to serve as collateral.
9 Number of loans per borrower A customer may avail maximum two loans (including one long term and one short term loan) within overall maximum financing limit of Rs 7.5 million.In case of agriculture, a customer may avail one production loan and one development loan within overall maximum financing limit of Rs 7.5 million.
10 Sectors and Products All sectors and products. Moreover, in case of agriculture, all crop and non-crop sectors (including crop production, livestock, poultry, fishery, dairy etc.) are also eligible.
11 Focus on Women 25% of the loans will go to women borrowers.
12 Fees & Charges Processing Fee : Rs. 100
Other Charges : As per Schedule of Charges (SOC)

All eligible persons can apply for the loan by visiting Please select “Sindh Bank Limited” in the drop down under Bank Name.
Upon receiving the application online, Sindh Bank representative will contact you for application processing.

To calculate your loan repayment, follow the link:

To apply online, fill in the application form here:

For FAQs please visit

Collaboration of Sindh Bank and Changan Motors