JS / Business / SME / JS PM Youth Program

JS PM Youth Program

JS Bank brings an exciting opportunity for the youth of Pakistan to achieve financial independence through Prime Minister’s Youth Programme (PMYP). Through the program, entrepreneurs can access subsidized loans at convenient terms for setting up or expanding their businesses.

Features of PMYP

Tier 1 Tier 2 Tier 3
Loan Limits PKR 100,000/- to PKR 1 Million PKR 1,000,001/- to PKR 10 Million PKR 10,000,001/- to PKR 25 Million
Pricing Fixed at 3% Fixed at 4% Fixed at 5%
Tenor Up to 8 years
Grace Period Maximum 1 Year Grace Period (may vary based on the type of business)
Loan Repayment Equal Monthly Installments (EMI)
Debt: Equity Ratio 90:10 80:20 80:20
Collateral Clean, however, only personal guarantee of the borrower.   Any tangible security/collateral as per Bank’s own credit policy and collateral management policy


Apply Now
  1. Click here to Apply now!
  2. Or contact us through one of our onboarded partners:
    • Careem Captains can now avail financing of up to PKR 3 Million/- through JS PMYP to purchase cars to run on Careem’s platform if the applicant has:
      • Completed a minimum of 400 Rides with Careem within the last 6 months
      • A valid Referral Letter from Careem recommending the captain
      • An Account Statement/Careem Wallet earnings
      • A valid Driving License
      • Any other requirements as per Bank policy & PMYP guidelines
    • Sellers on Daraz’ e-platform can now avail financing under JS PMYP if the applicant has:
      • An existing business on Daraz for at least 6 months
      • A valid Referral letter from Daraz
      • An NTN before loan application
      • Bank Statement
      • Quotation from vendor for purchase of equipment/material
      • Account statements
      • Any other requirements as per Bank policy & PMYP guidelines
    • Home Chefs on Foodpanda’s platform can now avail financing under JS PMYP if the applicant has:
      • An existing food business for at least 6 months
      • A valid Referral letter from Foodpanda
      • Quotation from vendor for the purchase of equipment/material
      Any other requirements as per Bank policy & PMYP guidelines
    • Applicants can now avail financing under JS PMYP to purchase commercial vehicles from onboarded partners including:
      • Master Motors
      • Ghandhara Industries Limited
      • Ghandhara Nissan Limited
      • Hino Pak
      • Daewoo Pak Motors
      If the applicant has:
      • A valid CNIC
      • Business Feasibility
      • A valid Referral Letter from the company
      • Bank Statement/Account Statement
      • Audited Management Account & NTN (for existing businesses)
  1. Entrepreneurs aged 21-45, holding a Valid CNIC.
  2. Small enterprises (startups and existing businesses) as per the definition of SBP
  3. Must intend on utilizing loan for business purpose identified in feasibility.
  4. Any other requirements as per Bank policy & PMYP guidelines
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 us at (021/051) 111-654-321 or visit your nearest JS Bank branch.