Young Pakistanis seeking funds to start or expand a business can now look towards a bigger financing opportunity. Prime Minister Shehbaz Sharif has increased the maximum loan limit under the Youth Business and Agriculture Loan Schemes from Rs7.5 million to Rs25 million.
The government has also lowered the minimum eligibility age from 21 to 18 years. In addition, it has directed authorities to reserve 30% of loans for women.
Who Can Apply for the PM Youth Loan?
The scheme supports young entrepreneurs who want to establish new businesses or expand existing ventures. It also covers agricultural activities and related projects.
Under the revised announcement, applicants aged 18 and above can apply. However, applicants must meet the scheme’s detailed eligibility and banking requirements.
The government has also directed the Small and Medium Enterprises Development Authority (SMEDA) to provide business guidance, technical assistance and startup support.
How to Apply Online
Applicants can use the official PM Youth Programme portal to access the loan application process.
- Visit the official website: https://pmybals.pmyp.gov.pk/
- Open the loan application section.
- Enter the required personal and CNIC details.
- Provide information about the proposed or existing business.
- Select the relevant financing category and submit the application.
- Follow the application process and any further instructions from the concerned bank.
Applications under the existing programme are submitted online rather than through physical forms at bank branches.
Important Update About the Rs25 Million Limit
The government announced the increased financing ceiling on November 9, 2026. It also allocated Rs292 billion for youth financing during the 2026–27 financial year.
However, the official programme website still displays the previous Rs7.5 million financing limit and earlier eligibility details. Applicants should check for updated guidelines before submitting an application under the revised terms.
The government has also directed a nationwide awareness campaign to inform young people about the available financing opportunities.
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