Overseas Employment Loan: Up to Rs 1 Million Interest-Free Under PM Youth Tier 4
Under Tier 4 of the PM Youth Business & Agriculture Loan Scheme, a Pakistani with a genuine overseas job offer can borrow up to Rs 1 million at 0% markup to pay for training, travel, visa and initial settlement costs, and repay in monthly instalments over up to 5 years.
At a glance
| Loan amount | Up to Rs 1,000,000 |
|---|---|
| Markup for you | 0% |
| Age | 21–45 years |
| Tenure | Up to 5 years, equal monthly instalments |
| Key condition | Valid job offer, or recruitment through a licensed Overseas Employment Promoter (OEP) |
| Guarantee | Personal guarantee of a family member in Pakistan; loan can be booked jointly |
Apply through the PM Youth portal
Choose the Tier 4 overseas-worker option on the official portal, then complete verification with the bank.
🔒 Official link – opens the government / bank website. Rozgar for Youth never takes applications or fees.
What the loan can pay for
- Skills training needed for the overseas job
- Air ticket and travel costs
- Visa and processing expenses
- Initial settlement costs in the destination country
You must show details of the training and the job offer to justify how the money will be used.
Eligibility rules
- Pakistani citizen aged 21–45 with a valid CNIC.
- A valid job offer, or recruitment through a licensed OEP. The offer must be authenticated by the Pakistan Mission or Community Welfare Attaché, the OEP and the Protector of Emigrants office.
- A family member residing in Pakistan who can give a personal guarantee.
How to apply
- Get a genuine offerFind the job through the Bureau of Emigration (BE&OE) listings, the Overseas Employment Corporation (OEC) or a licensed OEP – see our overseas jobs guide.
- Collect documentsCNIC, passport, the authenticated job offer or OEP recruitment letter, and training/travel cost details.
- Apply onlineSubmit the Tier 4 application on pmybals.pmyp.gov.pk and select a bank.
- Bank verificationThe bank verifies the offer and the family guarantor, then disburses the loan.
Avoid visa and job scams
Never pay anyone for a “guaranteed visa”. Every genuine BE&OE-approved demand has a permission number and a licensed OEP – check them on the official BE&OE website before you pay any lawful fee.
Frequently asked questions
Is the overseas employment loan really interest-free?
Yes. The end-user rate for Tier 4 is 0%; the government covers the bank’s cost.
Bahar jane ke liye loan kaise milega?
Pehle kisi licensed OEP ya OEC ke zariye job offer lein, phir PM Youth portal par Tier 4 ke liye apply karein. Ghar ke kisi fard ki guarantee chahiye hogi.
How long do I get to repay?
Up to 5 years in equal monthly instalments.
Can I apply without a job offer?
No. You need a valid job offer or recruitment through a licensed Overseas Employment Promoter.
Official sources
- SBP – PMYB&ALS Tier-4 terms
- SBP circular – Tier-4 (Feb 2025)
- APP – PM Youth initiatives expanded (Economic Survey 2024-25)
- Business Recorder – soft loan scheme unveiled
Always confirm details with the official source before applying.
Updates
- 3 Nov 2026: Guide published and checked against official sources.