KAMYAB JAWAN PROGRAM 2022 NBP REGISTRATION:
From the very first day, PROME MINISTER PAKISTAN IMRAN KHAN had made a goal for PAKISTAN that he will reduce the unemployment in PAKISTAN. To fulfill this goal, he announced a program for the youth. So they do startups and earn money. The launched program name is ‘’KAMYAB JAWAN PROGRAM’’ PHASE 2. Under the KAMYAB JAWAN PROGRAM PM started this scheme for youth which is called ‘’YOUTH ENTREPRENEUR SCHEME’’ (YES). According to this scheme, the government is going to offer 10 MILLION jobs to the young generation.
In this program, the government is giving loans to young people. So, they can start new businesses. This will encourage unemployed people to do new things. This will boost up Pakistan’s economy. Since the day, when the government launched this program there are almost 200000 applications received from all over Pakistan.
PARTNERS OF KAMYAB JAWAB PROGRAM 2022;
There are three partners of government in this scheme that will subsidize the loans and divide them into the general public. Following are the names of its partners,
STATE BANK OF PAKISTAN:
With the help of other banks, state banks spread money to the general public. This institute made a collaboration with these three banks NATIONAL BANK OF PAKISTAN (NBP), BANK OF PUNJAB (BOP), BANK OF KHYBER (BOK).
SMALL AND MEDIUM ENTERPRISE AUTHORITY (SMEDA):
This institute has the duty of raising funds for this scheme. So the government can give that money to other people. They provide loans and skills to the young generation.
PAKISTAN POVERTY ALLEVIATION FUND (PPAF):
PPAF has the duty of transferring assets and provides loans with zero investment.
WHO CAN APPLY FOR THE KAMYAB JAWAN PROGRAM 2022:
For everyone who wants to get this loan, the first thing is that they will need to fulfill the criteria introduced by the government. The eligibility criteria needed to meet is below:
1-The applicant who is applying for the loan must have the age between 21 to 45 years. The students who want to work for IT must have an age of more than 18 years.
2- Those students who want to work in E-COMMERCE, must have the degree of MATRIC PLUS 6 MONTHS EXPERIENCE IN E-COMMERCE.
YOUTH ENTREPRENEUR SCHEME (YES) PROGRAM IS FOR ALL PROVINCES:
According to the report, this scheme is for the youth of all Pakistan. This scheme provides loans all over Pakistan. The government made a QUOTA for women. They suggested the 25% loan for only women.
- KHYBER PAKHTOON KHAN
- GILGIT BALTISTAN
- AZAD KASHMIR
THE APPLICANTS will get this loan for a long period of 8 years with a grace period of 1 year. After the acceptance of the application, the applicants will be able to get their loans according to this scheme;
|TIER 1||1 LAKH TO 1 MILLION|
|TIER 2||1 MILLION TO 10 MILLION|
|TIER3||10 MILLION TO 25 MILLION|
HOW TO APPLY FOR KAMYAB PAKISTAN PROGRAM 2022 NBP REGISTRATION:
- Anyone who matches the criteria can apply for the loan from the website of PRIME MINISTER KAMYAB JAWAN LOAN PROGRAM 2022.
- Then they need to fill the form with the correct information.
- The form can be filled in English and Urdu.
- If anyone faces a problem regarding the application he can raise its issue on CITIZEN PORTAL.