JS / Business / SME / JS PMYBL and SZABIST


JS Bank, through the Prime Minister Youth Business Loan (PMYBL), empowers students and Alumni of SZABIST to establish and/or their own businesses. JS PMYBL & SZABIST presents them with an opportunity by providing subsidized loans at the lowest annual mark-up of 6% and lowest down payment of 10%.

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Eligibility Criteria:

Age: Between 21 and 45 years

Valid Computerized National Identity Card (CNIC)

Existing students or Alumni of SZABIST

Clean credit history and no active loans


Security/Collateral Requirements

Either one of the following:

Individual (or collective – up to 3 guarantors) net worth of 1.5 times of required loan amount

Government Employee(s) of BPS-15 or above with minimum 8 years of remaining service at the time of providing the guarantee

Mortgage of 3rd person residential, commercial, industrial and agricultural property

Pledge and/or lien over bank deposits, certificates of deposits, gold ornaments and national savings securities

Either of the two guarantors in (1) and (2) above will fulfill the following conditions:

Clean Credit history

Not an employee of JS Bank

Guarantors cannot guarantee more than one loan

Guarantor may be a blood relative.

Guarantor cannot apply for PMYBL.

It is not mandatory for the guarantor to reside in the same city of the applicant.

There is no age-limit for guarantors who are not government employees.


Documents Checklist for JS PMYBL & SZABIST:

Reference letter from SZABIST Entrepreneurship department.

One recent Passport Size Photograph

Copy of valid CNIC of applicant.

Copy of Father’s CNIC (if available)

Undertaking from Guarantor (if applicable)

Copy of Guarantor’s CNIC (If applicable)

Contact information for two (2) references

Business feasibility report (Standard pre-approved business plan to be applicable)



Step 1: Review Business Plan with SZABIST External Relations and Financial Assistance Department – ERFA

Step 2: SZABIST will refer potential entrepreneurs to JS Bank

Step 3: JS Bank will contact customers to visit the nearest JS Bank branch for application initiation.