Prime Minister Interest Free Youth Loan Scheme 2020

The PTI government at the beginning of 2020 introduced the Youth Interest Free loan scheme for all the youth of Pakistan. The hot news is the government is going to give this interest free loan to the youth of Pakistan from the month of April 2020. Prime Minister Youth Loan Scheme 2020 will based on Islamic Banking rules. For accomplishing this task a full meeting was conducted with the governor State Bank in which all the measures have been discussed. As per the meeting, all the private banks of Pakistan are also able to give a loan.

Objective Behind this Loan Scheme

The basic objective of this loan scheme is to enhance the capability of the youth of Pakistan. To make them financially better to resolve their issue with their studies or business. Prime Minister Youth Loan Scheme will become a milestone in this regard. Students can participate in educational and other useful activities through this loan scheme.

You also like:  High Court Orders for the Clinical Lab Tests of the Staff of District Judiciary

When the Loan Scheme Will Begin

The interest-free loan scheme 2020 is going to be begun in April 2020. However, the cut of dates for this loan scheme is still awaiting. As soon as the government initiates this youth loan scheme, you find it in daily newspapers or on this website.

Eligibility For Youth Loan Scheme

The entire youth of Pakistan is allowed to apply for this loan scheme in Pakistan 2020. The Applicants will be informed through print and electronic media about the further eligibility that will finally decide by the government.

How To Apply For Loan

The government is still working to regulate this youth loan scheme in 2020. Therefore, the application process is not yet given. But whatever the process will be this loan scheme will be remarkable for the youth of Pakistan to enhance the studies and developmental skills. The best thing is, this Prime Minister Youth Loan Scheme 2020 is interest free. So be easy and wait for the announcement after that apply and avail of this loan.

Note: if you have done LLM or M.Phil Degree then you can avail of its allowance here.

Subscribe
Notify of
guest
10 Comments
Inline Feedbacks
View all comments
Muhammad Saeed
Muhammad Saeed
4 months ago

Assalam o Alaikum ye kb tak start ho ga kyun k maine apply krna hai loan k lye

Muhammad Saeed
Muhammad Saeed
4 months ago

Assalam oAlaikum ye kb tak start ho ga kyun k mujeh es k lye apply krna hai

Zeeshan
Zeeshan
6 months ago

During m Phill study can a student apply??

Jasaid
Jasaid
7 months ago

great news i will apply.

Asghar Ali
Asghar Ali
7 months ago

And how much money they will give as loan?

Asghar Ali
Asghar Ali
7 months ago

When this will be initiated.?