Prime Minister’s Kamyab Jawan Youth Entrepreneurship SchemePrime Minister’s Kamyab Jawan Youth Entrepreneurship Scheme

Prime Minister’s Kamyab Jawan Youth Entrepreneurship Scheme

“Hunar se Karobar Tak”

In order to provide self-employment opportunities to unemployed youth, Government of Pakistan had launched “Prime Minister’s Kamyab Jawan SME Lending Program” across the country in Jul-2019, which was later renamed as Prime Minister’s Kamyab Jawan Youth Entrepreneurship Scheme (PMKJ-YES) in Jul-2020. Bank Alfalah has been nominated as Participating Bank in Phase-2 launched on 12-Aug-2020.


  • All men/women/transgenders holding CNIC, aged between 21 and 45 years for individual/sole proprietor or any one of the stakeholders (however 18 for IT professionals/E-Commerce) with entrepreneurial potential.
  • Small and medium enterprises (startups and existing businesses) as per definition of SBP and owned by youth as per above-mentioned age brackets are also eligible.
  • For IT/E-Commerce related businesses, at least matriculation or equivalent education will be required.

Loan Structure

  • Long Term Loan / Working Capital Loan including Murabaha and leasing/ financing (for Machinery/Equipment & locally manufactured vehicles (one vehicle per borrower))
Tier Limit Caps (PKR) Pricing Debt/Equity Participation
Tier 1 (T1) From 0.100M to 1.000M 3.00% p.a. New Businesses: 90:10

Existing Businesses: Nil

Tier 2 (T2) From 1.001M to 10.000M 4.00% p.a. New Businesses: 80: 20

Existing Businesses: Nil

Tier 3 (T3) From 10.001M to 25.000M 5.00% p.a.

Loan Tenor

  • Upto 8 years with maximum grace period of upto one year.

Security Requirements

  • Security arrangements will be as under:
    • T1 loans: Clean; however only personal guarantee of the borrower
    • T2 & T3 loans: As per bank’s own credit policy
    • Vehicle financed under T1, T2 and T3 to serve as collateral

Gender Equality

  • 25% of the loans will go to women borrowers.

Target Market (Geography/Sectors)

  • All business segments/sectors spread across Pakistan, including Agriculture.

Application Process

  • Apply through PMKJ-YES Online Portal ( with an application processing TAT of 30 days.

Terms and Conditions Apply.

Apply Now
Or you can apply for Prime Minister’s Kamyab Jawan Youth Entrepreneurship Scheme by seeking guidance from your nearest branch.
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