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Federal Government Loan Schemes for Youth

✓ Last verified: 3 Nov 2026Independent guide

The federal government’s main youth loan programme is the Prime Minister’s Youth Business & Agriculture Loan Scheme (PMYB&ALS), run with the State Bank of Pakistan and partner banks.

TierLoan amountMarkup for borrower
Tier 1Up to Rs 500,0000%
Tier 2Rs 500,001 – 1,500,0005%
Tier 3Rs 1,500,001 – 7,500,0007%
Tier 4Laptops, overseas workers0%

PM Youth Business & Agriculture Loan

Tiers 1–3 through 15 banks; age 18–45.

Guide coming soon

PM Youth loan for overseas employment

Interest-free up to Rs 1 million for young people going abroad for work.

Guide coming soon

Pakistan Poverty Reduction Programme

Interest-free loans for 86,000 people in Budget 2026-27.

Guide coming soon

Sources: ProPakistani – loan tiers, Express Tribune – Tier 4, ProPakistani – overseas employment loan, ProPakistani – Budget 2026-27.

Updates

  • 3 Nov 2026: Federal schemes added.

Frequently asked questions

What are the PM Youth Loan tiers?

Tier 1: up to Rs 500,000 at 0%. Tier 2: Rs 500,001–1.5 million at 5%. Tier 3: Rs 1.5–7.5 million at 7%. Tier 4: 0% for laptops and prospective overseas workers.

Who can apply?

Pakistani citizens with a valid CNIC, including from AJK and GB; the age range is 18–45 (check the latest rules).

How many banks offer it?

The scheme runs through 15 commercial, Islamic and SME banks.