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Thursday, 13 February 2014

NBP | Prime Minister Youth Scheme Download application form free Online


Prime Minister youth Scheme application forms are available here from National Bank of Pakistan.
Prime Minister Youth Scheme 2013 has been announced in September by Prime Minister of Pakistan Mian Muhammad Nawaz Sharif.This scheme is being popular among the youth.Mainly this Program designed for Jobless youngsters, Needy Students and For the development of Youth of Pakistan.This program is never just for young boys, but equally for young Girls.So, 50% seats for Qarz or other schemes have allocated for girls.Main purpose of PM Youth scheme is to Empower the Youth.
The candidates looking for apply Download application form for Prime Minister youth scheme from here.You can also Download application form from National Bank of Pakistan Website.
Here is some Instructions:
Eligibility criteria for Loan Scheme:
All Men/Women holding CNIC, aged between 21 and 45 years with entrepreneurial potential to apply from designated branches of National Bank of Pakistan mapped with area of residence/business.
Special Quota for Women:
50% of loans will go to women borrowers.
Loan Duration:
Tenor of loan will be 7 years with 1 year grace period. Loan tenure will start after completion of grace period.8% fixed of borrower. Government will pay the difference of the cost of KIBOR + 500 bps.
Number of loans:
100,000.
Application Forms:
The Form would be both in English and Urdu, and required minimum essential information with simple format.
The processing time will not exceed 15 days and will be so stated clearly in the application form; and
The form would be readily available both in branches and through dedicated websites of the banks.
Non- refundable form processing fee will be Rs. 100 (One Hundred).




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