The PM Youth Loan scheme (Prime Minister’s Youth Business and Agriculture Loan Scheme) offers business and farm loans of up to Rs 75 lakh to people aged 21 to 45, with the first Rs 5 lakh at 0% markup. The Invest Pakistan helps you check eligibility, choose the right tier, prepare a bank-ready feasibility report and submit a complete application.
Last updated: 12 November 2026 by Ahmed, The Invest Pakistan.
Planning to apply for the PM Youth Loan? Message us on WhatsApp (+92 327 5025285) or use our contact page.
PM Youth Loan Scheme Tiers
| Tier | Loan amount | Markup | Security | Your own share (new business) |
|---|---|---|---|---|
| T1 | Up to Rs 5 lakh | 0% | Personal guarantee | 10% |
| T2 | Rs 5 lakh to Rs 15 lakh | 5% | Personal guarantee | 10% |
| T3 | Rs 15 lakh to Rs 75 lakh | 7% | Secured | 20% |
Who Can Apply for the PM Youth Loan?
- Pakistani citizens aged 21 to 45 (minimum 18 for IT and e-commerce businesses).
- New startups and existing small businesses, and farmers for agriculture loans.
- Applicants with a clean credit record (e-CIB) and a workable business idea.
How to Apply for the PM Youth Loan Online (Step by Step)
The official application form is only on the Prime Minister’s Youth Programme portal, pmybals.pmyp.gov.pk (also in the PMYP mobile app). Applying is free; nobody needs to be paid to “forward” your form.
- Open pmybals.pmyp.gov.pk and click Apply Now under “PM’s Youth Business & Agriculture Loan Scheme”.
- Enter your CNIC number, CNIC issue date and choose the tier: T1 (up to Rs 5 lakh), T2 (above Rs 5 lakh to Rs 15 lakh) or T3 (above Rs 15 lakh to Rs 75 lakh). CNIC, issue date and date of birth are verified with NADRA, so type them exactly.
- Fill personal details, education, mobile number and address.
- Fill business details: new or existing business, sector (business, agriculture, IT/e-commerce), loan purpose, amount and your own equity.
- Choose your bank and nearest branch from the list of participating banks.
- Submit and save the confirmation (screenshot or PDF).
- The bank contacts you for documents, a feasibility or business plan, a site visit and the e-CIB credit check.
How to Check PM Youth Loan Application Status
- Watch for SMS and calls from the bank you selected; the bank processes the application, not the portal.
- Visit or call the selected branch with your CNIC and ask for the status of your PMYB&ALS application.
- If there is no response for a long time, lodge a complaint on the Pakistan Citizen Portal app, which the portal itself recommends for feedback and complaints.
How to Edit or Cancel a PM Youth Loan Application
- Edit: on the application form page, click Edit Application, enter your CNIC and CNIC issue date, correct the details and submit again.
- Cancel / withdraw: we did not find a self-service cancel button on the portal (checked 12 November 2026). Inform the selected bank branch in writing that you want to withdraw, and keep a copy.
- Changing bank or tier usually means editing before the bank starts processing; once a bank has started, ask the branch.
How The Invest Pakistan Helps With Your PM Youth Loan Application
- Check which tier and loan type (working capital, machinery, vehicle or agriculture) fits your plan.
- Write a clear feasibility report and business plan, which banks ask for.
- Prepare documents: CNIC, photographs, references, business proof and quotations.
- Fill the online application correctly and track it with the bank.
- Prepare you for the bank interview and site visit.
Common Reasons Applications Get Rejected
- A weak or copied feasibility report with unrealistic sales figures.
- Bad credit history or unpaid loans in your name.
- Applying for a higher tier than your business can support.
- Missing documents or wrong information in the online form.
Why Choose The Invest Pakistan for the PM Youth Loan Scheme?
When you come to The Invest Pakistan for the PM Youth Loan scheme, you deal with one team that explains every step in plain English or Urdu, checks your documents before anything is submitted, and tells you upfront which costs are official fees and which are our service charge. There are no hidden charges and no promises we cannot keep.
- Experience: The Invest Pakistan publishes detailed, regularly updated guides on tax, banking, investing and government schemes in Pakistan.
- Accuracy: we follow the official rules from FBR, SBP, SECP and the relevant departments, and update our process when they change.
- Privacy: your CNIC, passwords and documents are used only for your case and never shared.
- Support after the work is done: questions after submission are answered on WhatsApp.
How to Get Started With PM Youth Loan Scheme
Send us a WhatsApp message with your name, city and a line about what you need. We reply with the documents list for your the PM Youth Loan scheme case, the steps, the time it usually takes and our fee for the work. Once you agree, we start right away.
Frequently Asked Questions
What is the PM Youth Loan scheme?
A federal government scheme, offered through banks, that gives subsidised business and agriculture loans to young Pakistanis in three tiers up to Rs 75 lakh.
Is the PM Youth Loan interest-free?
Only Tier 1 loans up to Rs 5 lakh are at 0% markup. Tier 2 is 5% and Tier 3 is 7% a year.
What is the age limit for the PM Youth Loan?
21 to 45 years; for IT and e-commerce businesses the minimum age is 18.
Do I need a feasibility report?
Yes. Banks list a feasibility report among the required documents. The Invest Pakistan can prepare one for your business.
How long does approval take?
Banks state a processing time of about 45 days after a complete application.
How do I apply for the PM Youth Loan online?
Apply free on pmybals.pmyp.gov.pk: enter your CNIC and issue date, choose a tier, fill personal and business details, select a bank branch and submit.
How can I check my PM Youth Loan status?
The selected bank processes your application, so follow its SMS/calls or contact the branch with your CNIC. Complaints can be lodged on the Pakistan Citizen Portal.
PM Youth Loan ke liye apply kaise karein?
pmybals.pmyp.gov.pk par Apply Now dabayein, CNIC aur issue date likhein, tier chunein, karobar ki tafseel aur bank branch select kar ke submit karein. Koi fees nahi.
PM Youth Loan application edit kaise karein?
Form wale page par Edit Application par click karein, CNIC aur issue date likh kar ghalti theek karein aur dobara submit karein.
PM Youth Loan application cancel kaise karein?
Portal par cancel ka button nahi mila; jis bank branch ko application gayi hai usay likh kar withdrawal ki darkhwast dein.
The Invest Pakistan is an independent consultancy. We are not part of, or affiliated with, any government department, bank, broker or scheme, and we cannot guarantee approval of any application. The scheme is run by the Government of Pakistan through banks; loans are approved by the bank. Official fees, if any, are paid directly to the government body or institution concerned.
Related Guides and Services
- Business plan writing service
- Business loans in Pakistan
- Agricultural loans in Pakistan
- Loans in Pakistan
- All services by The Invest Pakistan
- Asaan Karobar Finance Scheme 2026
- All Maryam Nawaz schemes 2026
Sources
- Allied Bank: PM Youth Business and Agriculture Loan Scheme terms
- Prime Minister’s Youth Programme (official portal)
- Dawn: Agriculture, microfinance added to youth loan scheme
Talk to The Invest Pakistan about the PM Youth Loan application today. Message us on WhatsApp (+92 327 5025285) or use our contact page.