Karachi Pakistan Oct 2019: Prime Imran Khan Launched the Kamyab Jawan Program for the success of our youth in Pakistan. This step will be very helpful for our youth success in doing business.Successful Youth Program which will be first step for Self-Employment opportunity for our youth and will be very helpful to create New Jobs in Pakistan.
Kamyab Jawan Program: in Jawan Kamyab Program Government Provide Loan of Rs 100000 to 500000 on the candidate Requirement. The total amount for the Kamyab Youth Program is 100 million Pakistani Rupees and will be distributed among the youth for their business for the duration of five Years. With Kamyab Youth Program 1 million Youth will get the benefit.
If You Want the Kamyab Jawan Loan the Gov Provide you loans from 1 Lac to 1 million without interest and will be distributed in 45 Under privileged district of Pakistan on priority basis
When Gov provide loan less than or equal to Rs 500,000(Tier-1) the markup rate is 6% Per Year.
If you apply loans greater than Rs 500000 (Tier-2) the markup rate is 8% per year.
The Kamyab Jawan Loan will be provided through three banks of Pakistan, Bank of Punjab, national bank of Pakistan and bank of Khyber. You can get the loan from above these banks.
How to apply kamyab Jawan Program:
Age between 21 to 45 candidates can apply online. Just fill up the form online and no need to physical appearance in any office. It’s very easy process to fill the online form on website.
1-Enter your CNIC number and issues date of CNIC
2-if you enter wrong CNIC than your application will not submit.
3-Fill all required field in the online form and all Fields are necessary.
4-When you submit all your information than SMs will be received on your Provided Phone number.
Important instruction for online application:
Government of Pakistan has established help desk for the guidance of candidate. if you have to how to Submit your application than you can visit any branch of National bank or Other which is provided above. it is necessary that you will read the form carefully and then fill the form, in the online form all fields are necessary and never miss any field in provided form.
Before submission of form please read it carefully if you feel that there is any mistake than you can correct this mistake.
There is no need of original documents on the time of form submission.
This loan will be provided on merit and make sure you are providing your Correct information in the form.
Security or Guaranty for Kamyab Jawan Program:
If you are applying for the loan of amount Rs 5, 00000 or less than this amount than no need to submit the collateral.
On the other hand if you apply loan greater than 50, 0000 (tier-2) than Collateral is required on the basis of banks policy.
The decision will be made on banks Policy; But Following documents will be required
- Property Mortgage of applicant (Residential/Commercial/Agricultural etc.)
- Third Party mortgage option is also available
- Hire Purchase of Vehicle is also option available
- Lien on marketable securities/certificates of depositor/or national saving certificates.
- Current and fixed assets including stocks and receivables.
- You can also pledge the Gold.
- You can use the third party guaranty.
Important Note: All Submitted application will be process within 30 working days.