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JS Kamyab Jawan Business Loans – Al-Haj FAW Motors

JS Bank brings an exciting opportunity for potential customers of Al-Haj FAW Motors (Private) Limited through the JS Kamyab Jawan Youth Entrepreneurship Scheme which aims at extending financing to potential customers to purchase locally manufactured Commercial Vehicles by providing subsidized loans at the lowest mark-up and convenient terms.

Prime Minister's Kamyab Jawan Youth Entrepreneurship Scheme
Prime Minister's Kamyab Jawan Youth Entrepreneurship Scheme (PMYES) is an initiative launched by the Government of Pakistan to support youth in pursuit of establishing or expanding their businesses. The scheme provides self-employment opportunities to the deserving youth.
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Product Features of PMYES

Loan Limits and Pricing:
Tier 2
Tier 3
Minimum Financing Limit
PKR 1,000,001
PKR 10,000,001
Maximum Financing Limit
PKR 10,000,000
PKR 25,000,000
Fixed at 4% p.a.
Fixed at 5% p.a.

Loan Tenor
– Variable: Between Five (5) to Eight (8) years
Loan Type
– Term Loans
Grace Period
– Fixed at two (2) Months for brand new vehicles
Equity Requirement
– 20% in the form of cash, Nil for existing business ( customer to submit proof of business)
Insurance and Tracker
will be arranged by JS Bank through its insurance partners
Vehicle Eligibility:
Only Brand New vehicles manufactured by Ghandhara Nissan Limited
  • All men/women holding CNIC, aged between 21 and 45 years, with entrepreneurial potential are eligible
  • Clean credit history and no active loans
  • Must be a potential customer of commercial vehicles manufactured by Al-Haj FAW Motors (Private) Limited
  • Referral Letter from Al-Haj FAW Motors (Private) Limited
  • Must intend on utilizing the loan to purchase commercial vehicle from Al-Haj FAW Motors (Private) Limited

Step 1: Customer to visit JS Bank or Al-Haj FAW Motors’ Dealership
Step 2: After eligibility check Al-Haj FAW Motors to forward applicant details to JS Bank
Step 3: JS Bank staff to contact applicant and schedule appointment for application processing

Legal Documentation Charges: At Actual
Insurance & Tracker Charges: At Actual
Any other Charges: As per SOC

Customers are required to deposit monthly payments as per their schedule into their JS Bank current accounts. Failure to do so may result in legal recourse.
For further details contact JS Bank Helpline 111-654-321 or your nearest Al-Haj FAW Motors Dealership