Young people who want to start or expand a business can get a loan from the federal government at low or zero markup. The PM Youth Business Loan Scheme 2026 — formally the Prime Minister’s Youth Business and Agriculture Loan Scheme — offers up to Rs 7.5 million in three tiers, starting with Rs 0.5 million at 0% markup. This guide explains the tiers, eligibility and the online application process.
PM Youth Loan Scheme at a Glance
Detail
Information
Scheme
Prime Minister’s Youth Business and Agriculture Loan Scheme
Tier 1 loans are secured by a personal guarantee, while higher tiers require collateral as per the bank’s policy. According to State Bank data, 555,791 loans worth Rs 287.6 billion had been disbursed under the scheme by June 2026, which shows the scale at which young entrepreneurs are using it.
Who Can Apply
Age: 21 to 45 years; applicants of 18 years and above can apply for IT and e-commerce businesses.
Citizenship: Pakistani citizens with a valid CNIC.
Business: A new or existing business, including agriculture, services, manufacturing, IT and e-commerce.
Women: A 25% quota for women entrepreneurs has been reported for the scheme.
Exclusions: Government employees are generally not eligible; applicants with a loan default history may be rejected.
How to Apply Online
Step 1: Open the official portal at pmybals.pmyp.gov.pk and create your account with your CNIC and mobile number.
Step 2: Choose your tier and fill in your business details, including the purpose of the loan.
Step 3: Upload the required documents — CNIC, business plan or feasibility, and proof of business premises where applicable.
Step 4: Submit the application and note your tracking number. The partner bank will contact you for verification.
Step 5: Do not pay anyone for approval. The application is free, and anyone demanding a fee for loan approval is committing fraud.
Contact and Helpline Details
Detail
Information
Official Portal
PM Youth Programme portal (pmybals.pmyp.gov.pk)
Programme
Prime Minister’s Youth Programme
Conclusion
The PM Youth Business Loan Scheme 2026 gives young Pakistanis a genuine route to start a business — Rs 0.5 million at zero markup for beginners, and up to Rs 7.5 million for established plans. Apply only through the official portal, prepare a realistic business plan, and never pay an agent for approval.
FAQs
What is the maximum loan under PM Youth Business Loan Scheme? Rs 7.5 million under Tier 3.
Is there a zero-markup option? Yes. Tier 1 loans up to Rs 0.5 million carry 0% markup.
What is the age limit? 21 to 45 years, except 18 years and above for IT and e-commerce.
Where do I apply? Online only, at pmybals.pmyp.gov.pk.
Shahzad Sahil is the editor of plcpunjab.pk, covering Punjab government schemes including the Livestock Card, eligibility, registration and latest updates, with information verified from official sources for readers across Punjab.
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