JS / Business / SME / JS Kamyab Jawan Business Loans

JS Kamyab Jawan Business Loans

JS Bank brings an exciting opportunity for the youth of Pakistan to make them financially independent through JS Kamyab Jawan Youth Entrepreneurship Scheme which aims at extending financing to individuals possessing entrepreneurial potential by providing subsidized loans at the lowest mark-up and convenient terms for setting-up or expanding their existing business.

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.

Product Features of PMYES

Loan Limits and Pricing:
Tier 1(T1)
Tier 2(T2)
Tier 3(T3)
Minimum Financing Limit
PKR 100,000/-
PKR 1,000,001/-
PKR 10,000,001/-
Maximum Financing Limit
PKR 1,000,000/-
PKR 10,000,000/-
PKR 25,000,000/-
Pricing
Fixed at 3%
Fixed at 4%
Fixed at 5%
Debt: Equity Ratio (New Business)
90:10
80:20
80:20

Nil for existing business (proof of business to be submitted)


Apply Now:

  • Click here to apply now on the Kamyab Jawan portal
  • Please select “JS Bank Limited” in the drop down under Bank Name

Loan Tenor
Variable: Up to Eight (8) years
Loan Type
– Long term loan for Machinery and Equipment / Working capital loan/ Running Finance, and Leasing of Business on wheels on 2/3/4 wheel locally manufactured vehicles.
Grace Period
Up to one year grace period will be applicable.
    • I. All men/women holding CNIC, aged between 21 and 45 years with entrepreneurial potential are eligible. For IT/ E-Commerce related businesses, the lower age limit will be 18 years.
    • II. Small enterprises (startups and existing businesses) as per definition of SBP and owned by youth as per above mentioned age brackets are also eligible.
    • III. For IT/E-Commerce related businesses, at least matriculation or equivalent education will be required.
    T1 loans: Clean; only personal guarantee of the borrower
    T2 & T3 loans: As per bank’s own credit policy

Step 1: Apply online at https://kamyabjawan.gov.pk/BankForm/newApplicantForm
Step 2: Upon receiving the application online, JS Bank representative will contact you 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 us at 021 111 654 321 or visit your nearest JS Bank branch