JS Bank brings an exciting opportunity for dairy farmers associated with FrieslandCampina Engro Pakistan, through the JS Prime Minister's Kamyab Jawan Youth Entrepreneurship Scheme for shed construction, farm upgrade or purchase of livestock and/or machinery 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 1 |
Tier 2 |
Tier 3 |
|
|---|---|---|---|
|
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% |
Step 1: Contact nearest FrieslandCampina Engro Pakistan’s Milk Collection Center
Step 2: After eligibility check, Engro 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: At Actual (where applicable)
Other Applicable charges: As per SOC
Customers are required to deposit monthly payments as per their schedule into their JS Bank current accounts and continue to work as a supplier with Engro Foods during the tenor of the loan. Failure to do so may result in legal recourse.
For further details visit Engro’s nearest Milk Collection Center or Call at
Engro Foods Agri Services coordinator
Asif Ali – 0301-8265308
Or JS Bank at 021 111 654 321