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JS Kamyab Jawan Business Loans - Careem

JS Bank brings an exciting opportunity for deserving Careem Captains associated with Careem Networks through the JS Kamyab Jawan Youth Entrepreneurship Scheme which aims at extending financing to Careem Captains to purchase locally manufactured vehicles to be run solely on Careem’s platform by providing subsidized loans at the lowest markup 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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Loan Tenor
Fixed at five (5) years
Loan Type
- Term Loans
Mark-up - Fixed at 4%
Grace Period
- Fixed at two (2) Months for brand new vehicles No Grace Period for used vehicles
Equity Requirement
– 20% in the form of cash
Insurance and Tracker
will be arranged by JS Bank through its insurance partners
Step 1: Contact your nearest Careem Opportunity Center.
Step 2: After eligibility check, Careem to forward applicant details to JS Bank.
Step 3: JS Bank staff to contact applicant and schedule appointment for application processing.
  • All men/women holding CNIC, aged between 21 and 45 years, with entrepreneurial potential are eligible
  • Clean credit history and no active loans
  • Minimum 500 Rides completed with Careem
  • Minimum Rating of 4.0 or 80%
  • Referral Letter from Careem Networks
  • Must intend on utilizing the loan to purchase motor vehicle to be used solely on Careem’s platform

Only Brand New Locally Manufactured Vehicles

Legal Documentation Charges: At Actual
Insurance: At Actual
Other Applicable Charges: As per SOC
Customers are required to deposit monthly payments as per their schedule into their JS Bank current accounts and run their vehicle solely on Careem’s platform during the tenure of the loan. Failure to do so may result in legal recourse
For further details visit your nearest Careem Opportunity Center or Contact JS Bank at 021 111 654 321