Prime Minister’s Youth Loan Scheme 2026–27: Loan Tiers, Eligibility and Online Applications

The Prime Minister’s Youth Business and Agriculture Loan Scheme offers financing on easy terms for young people operating small and medium-sized businesses. An allocation of PKR 292.5 billion has been announced for the financial year 2026–27.

From January 2023 to September 2026, PKR 314 billion was distributed among 581,000 young people.

Loan Amounts and Markup Rates

Skilled young people seeking employment abroad can also obtain interest-free loans of up to PKR 1 million.

Eligibility

Applicants must be Pakistani citizens aged 21 to 45 years. The minimum age for IT and e-commerce businesses is 18 years. Farmers with matriculation-level or lower educational qualifications are also eligible.

Online Application

Apply online through the Prime Minister’s Digital Youth Hub at pmyp.gov.pk. Loan approval is subject to the scheme’s rules and the bank’s assessment.

Issued by the Ministry of Information and Broadcasting, Government of Pakistan. Website: www.moib.gov.pk. Government social media accounts: GovtofPakistan and govtofpakistan. Reference: PID No. (I) 4305-D/26.