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Frequently Asked Questions

What is the Prime Minister’s youth Small business Loan Scheme?

ANSWER: Prime Minister’s Business Loans will focus on unemployed youth, especially educated, looking for establishing new enterprises.

What are the eligibility criteria for Prime Minister Youth Small Business Loan Scheme?

ANSWER: All young men/women not more than 35 Years old with potential Entrepreneurial skills are elegible to apply.

Are Women eligible to get benefit from Prime Minister Youth Small Business Loan Scheme?

 ANSWER: 50% of loans will go to women borrowers.

What is debt is equity ratio for small business loan scheme.

ANSWER: 90:10 with tenure of up to 8 years

What is total rate for small business loan?

ANSWER: 8% fixed for borrower but government will pay the difference of the cost at KIBOR+500 bps.

What is the size of small business loan scheme?

ANSWER: Rs.0.5 – 2.0 Million

What is the average loan size?

ANSWER: Rs.1.25 Million

Where from I can submit my application for Small Business Loan Scheme?

ANSWER: NBP and First Women Bank under the guidance and supervision of SBP. Other Banks will be encouraged to join.

Is there any specific sectors and products government promoting?

ANSWER:  All sectors included. Standardized schemes/projects/ undertakings will be designed by SMEDA, projects designed by private sector service provider or individuals themselves.

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