Federal · Guide
Wazir Azam Youth Loan Scheme 2026 (PM Youth Business & Agriculture Loan)
The Wazir Azam Youth Loan Scheme 2026 — the PM Youth Business & Agriculture Loan Scheme, widely known as Kamyab Jawan and officially called PMYB&ALS — gives Pakistani citizens aged 21 to 45 access to government-backed loans of up to Rs. 7.5 million.
The Wazir Azam Youth Loan Scheme 2026 — the PM Youth Business & Agriculture Loan Scheme, widely known as Kamyab Jawan and officially called PMYB&ALS — gives Pakistani citizens aged 21 to 45 access to government-backed loans of up to Rs. 7.5 million. It is one of the federal government initiatives in Pakistan run under the Prime Minister’s Youth Programme (PMYP). Loans are split into tiers by amount, with lower tiers carrying reduced or zero markup, and applications go through partner banks rather than PMYP directly. You apply entirely online at pmyp.gov.pk, then a partner bank you select processes your case. This guide covers eligibility, the online application steps, current loan tiers, and what to do if your application stalls at the bank.
Key facts
- Amount / benefit
- Government-backed loans of up to Rs. 7.5 million in three business tiers (plus a separate Tier 4 for laptops and overseas workers): Tier 1 up to Rs. 500,000 at 0% markup, Tier 2 Rs. 500,000 to Rs. 1.5 million at around 5% markup, Tier 3 Rs. 1.5 million to Rs. 7.5 million at around 7% markup.
- Who qualifies
- Any Pakistani citizen holding a valid CNIC, aged 21 to 45, with entrepreneurial potential and a clear, feasible business or agriculture plan.
- How to check / apply
- Apply entirely online at pmyp.gov.pk; a partner bank you select then processes your case.
- Official portal
- pmyp.gov.pk
Awamschemes.com is an independent information resource and has no official affiliation with the Government of Pakistan, PMYP, or any partner bank.
What Is the Wazir-e-Azam Youth Loan Scheme (PM Youth Business & Agriculture Loan)
PMYB&ALS is a federal financing programme that subsidises markup on small business and agriculture loans for young Pakistanis. It replaced the earlier phase of the Kamyab Jawan Program, which the State Bank of Pakistan had paused in 2022 before the scheme was revived and restructured. Loans cover business startups, business expansion, and agriculture activities including crop farming, livestock, and dairy. Unlike BISP, this scheme is not decided by an NSER or PMT score — eligibility depends on your CNIC, age, and business plan.
Eligibility for the PM Youth Loan Scheme
Any Pakistani citizen holding a valid CNIC, aged 21 to 45, with entrepreneurial potential can apply, according to Bank of Punjab’s official PMYB&ALS page. Some bank guidance lowers the minimum age to 18 for IT and e-commerce businesses, so confirm this with your chosen bank if you fall in that range. A clear, feasible business or agriculture plan is required for every tier. A 25% quota is commonly reserved for women applicants, though you should confirm your specific bank’s current allocation when you apply.
How to Apply for the PM Youth Loan Scheme Online
Step-by-Step Application Process
- Visit the official portal at pmyp.gov.pk.
- Select “Prime Minister Youth Business & Agriculture Loan Scheme” from the programme list.
- Choose your preferred partner bank from the dropdown menu.
- Fill in the online application form with your CNIC, business details, and loan tier.
- Upload your CNIC copy, passport-size photo, and business or feasibility plan.
- Submit the form and note your reference number for tracking.
- Wait for your selected bank to contact you for verification.
Documents You Will Need
- Scanned CNIC (front and back).
- Passport-size photograph.
- Business plan or feasibility study.
- Proof of income, if applicable.
- Utility bill for address verification.
- NTN, if you already have one.
Choosing the Right Tier: Three Worked Examples
The tier you select should match your actual business need, because a mismatch between the feasibility study and the tier is one of the most common reasons banks reject a case. Consider three typical situations. A young person opening a small shop or service business who needs up to Rs. 500,000 fits Tier 1, which carries 0% markup — asking for more than the business genuinely needs only makes the feasibility study harder to defend. An existing business that needs between Rs. 500,000 and Rs. 1.5 million to expand — for example, adding machinery or stock — fits Tier 2, at around 5% markup. A larger agriculture or trading venture needing between Rs. 1.5 million and Rs. 7.5 million, such as livestock or dairy expansion, falls in Tier 3, at around 7% markup. These markup figures are the commonly published guidance described in this guide, so confirm the exact current rate on pmyp.gov.pk or with your bank before you sign anything.
Whichever tier fits you, prepare your documents before you open the portal form: scanned CNIC (front and back), a passport-size photograph, your business plan or feasibility study, proof of income if you have it, a utility bill for address verification, and your NTN if you already hold one. For Tier 2 and Tier 3, where the business plan carries more weight, SMEDA’s free feasibility assistance is worth using before you submit rather than after a rejection.
What Your Application Status Means
“Under Bank Review” means your chosen bank has received your application and is verifying your documents and feasibility plan. “Forwarded to Credit Committee” means the bank’s initial screening passed and a formal loan decision is pending. “Rejected” most often happens because the feasibility study does not match the loan tier you selected, or documents are incomplete — you can usually correct this and reapply. If your status has not changed after 15 working days, contact the bank branch directly with your reference number before assuming a rejection.
PM Youth Loan Tiers and Markup Rates 2026
Multiple bank and programme guides consistently describe a three-tier structure: Tier 1 covers loans up to Rs. 500,000 at 0% markup, Tier 2 covers Rs. 500,000 to Rs. 1.5 million at around 5% markup, and Tier 3 covers Rs. 1.5 million to Rs. 7.5 million at around 7% markup. Treat these markup figures as commonly published guidance rather than a locked-in rate, since PMYP can revise them; always confirm the exact current rate on pmyp.gov.pk or with your selected bank before signing loan documents. Repayment periods are typically flexible and multi-year, letting borrowers match instalments to their business cash flow. The Small and Medium Enterprises Development Authority (SMEDA) can help applicants prepare a feasibility report at no cost, which is worth using for Tier 2 and Tier 3 applications where the business plan carries more weight.
Tier 4 — laptops and overseas workers: in February 2025 the State Bank added a fourth tier for two specific purposes. Tier 4 offers laptop financing of up to Rs. 450,000 at a 0% end-user rate over 4 years for students of HEC-recognised institutions and young freelancers and entrepreneurs aged 18 to 30, and loans of up to Rs. 1,000,000 over 5 years at a subsidised 0% end-user rate for overseas workers aged 21 to 45 with a verified job offer, covering training, visa, travel and settlement costs. Tier 4 is separate from the three business-loan tiers above and is applied for through the same pmyp.gov.pk portal.
Provincial Loan Options Worth Comparing
PMYB&ALS is a federal scheme, but it is not the only government-backed financing route, and applicants in some provinces have provincial options aimed at the same age group. If you are based in Khyber Pakhtunkhwa, compare this scheme with the province’s own Insaf Rozgar Scheme, a provincial loan route for KP applicants. Also in KP, the Bank of Khyber Loan Scheme and the wider KP Government Loan Scheme cover other official borrowing options in the province, each with its own eligibility and application channel. Young applicants in KP who are not yet ready to take on a loan can also look at the Ehsaas Naujawan Program, the province’s youth-focused programme, before committing to a repayment schedule.
In Sindh, small businesses and startups can compare the federal tiers with the Sindh Enterprise Development Fund, which supports enterprise development within the province. Whichever route you choose, apply through that scheme’s own official channel only, and compare the total repayment — not just the headline markup — before signing loan documents with any bank.
What to Do If Your Application Gets Stuck
If your application shows “forwarded to bank” but no one has contacted you after 15 working days, visit the branch in person with your CNIC and reference number and ask for the officer handling PMYB&ALS cases. If a bank rejects your case over a weak feasibility study, revise it — ideally with SMEDA’s free assistance — and reapply rather than switching banks repeatedly. If the online portal itself will not accept your CNIC or shows an error, try again later or use a different browser before assuming a system-wide fault. Never pay any “agent” or “consultant” who claims to guarantee approval for a fee — the scheme has no official approval-guarantee service.
While You Wait: Keep Your Case Easy to Trace
Most applications that feel “stuck” are simply waiting in a bank’s verification queue, and the applicants who resolve problems fastest are the ones who can quote their reference number. Keep the number you received at submission together with a copy of every document you uploaded, and note the name of the branch and officer if you visit in person. If 15 working days pass with no contact, visit the branch with your CNIC and reference number before assuming a rejection — a file that is incomplete for one missing document can often be fixed on the spot. And if a bank does reject your case, ask for the specific reason; most rejections trace back to a weak or mismatched feasibility study, which you can revise — ideally with SMEDA’s free help — and reapply.
Frequently Asked Questions
What is the maximum loan amount under PMYB&ALS?
The scheme’s Tier 3 goes up to Rs. 7.5 million. Lower tiers offer smaller amounts with lower markup rates. Your business plan and loan need determine which tier fits you.
Is this the same as the old Ehsaas loan scheme?
No. This programme is now branded PMYB&ALS or Kamyab Jawan, run under the Prime Minister’s Youth Programme, not the Ehsaas name. Older search terms referencing an “Ehsaas loan” typically point to this same current scheme.
What age do I need to be to apply?
The standard age range is 21 to 45 years with a valid CNIC. Some bank guidance allows applicants as young as 18 for IT and e-commerce businesses. Confirm your exact eligibility with your chosen partner bank.
How long does approval usually take?
Many applicants see a decision within 30 to 45 working days, depending on bank verification volume. Complex or high-tier applications can take longer. Contact your bank directly if there is no update after 15 working days.
Can I apply if I already have a small business?
Yes, the scheme covers both new startups and expansion of an existing business. You will need to show a feasibility plan matching your requested loan tier. Existing income or business records can strengthen your application.
Is this scheme also called the Wazir-e-Azam Youth Loan Scheme?
Yes, “Wazir-e-Azam Youth Loan Scheme” is simply the Urdu-language name people search for the same PMYB&ALS programme. Both terms refer to the identical federal loan scheme. Apply through the same portal at pmyp.gov.pk regardless of which name you searched.
What happens if my application is rejected?
Ask your bank for the specific reason, since most rejections trace to a weak or mismatched feasibility study. You can revise your business plan and reapply. Getting SMEDA’s free feasibility support before resubmitting improves your chances.
Official source
For official information and applications, use only pmyp.gov.pk. AwamSchemes is an independent information resource — it does not accept applications or process payments.