Download Kamyab Jawan Program Registration Form and Guideline

For the people of Pakistan, Prime Minister has initiated a new program by the name of Kamyab Jawaan Program, for the purpose of providing them with self-employment opportunities.

Who can avail kamyab jawan program opportunity?

This opportunity can be availed by all those women and men of Pakistan having a CNIC and are aged between 18 to 45 years.

Talking about the loan tenure, it would be eight years whereas grace period would be having the duration of one year.

All the small enterprises either new startups or existing business can take advantage of this program. [Regestration]: HEC registration and verification procedure.

Which banks are nominated?

The banks which are nominated and can execute kamyab jawan program include:

• Bank of khyber.
• Bank of Punjab.
• National Bank of Pakistan. 

 Afterward, commercial banks would also be able to participate in this program.

Circular of State Bank of Pakistan:

The State Bank of Pakistan or SBP has passed a circular for all the presidents as well as the CEOs of the bank. All the details regarding the circular are given below:

Lending program:

Small organizations contribute a lot to the economic growth of a country. Since they provide employment opportunities to masses and generate innovative ideas, by eliminating gender inequality. However, due to inadequate financing facilities, from the expected sources it is causing deterioration in economic growth. [Trending]: How to make money with eCommerce website.

Yet, the Government is aware of the prevailing situation. Hence, the Government is providing the opportunity of availing affordable loans from the banks so that people can start their own business, and also they can strengthen the existing one.

For the purpose of providing jobs to the unemployed youth of the country, this program has been initiated. Credit loss subsidy and markup will be provided on small business loans by the government of Pakistan. Under this program the amount of 100,000 to 5000, 000 that will be disbursed by the bank, is provided.

Set criteria:

The set eligibility criteria for this program are:

• All the men and women, having a CNIC aged from 21 to 45, plus who have potential from entrepreneurship point of view are eligible.
• All the small business organization's either existing business or startups ones right according to the definition provided by State Bank of Pakistan and set age.
• For business related to IT or E-commerce, at least matriculation is required or experience of six months.

Type of loan:

The type of loans provided would be term-based and capital loans.

Share of women:

The share of women for the loan is in such a way that 25% would be provided to women borrowers.

Execution of the program:

The execution of the program would be done by Bank of Punjab, Bank of Khyber, and National Bank of Pakistan while keeping the guidance of State Bank of Pakistan in view. Moreover, SBP will also invite commercial banks to participate in kamyab jawan program. However, the lead role will be provided by the National Bank of Pakistan. The share of loans of NBP is more than 50%.

Kamyab Jawan Program Registration:

As far as the application form is concerned, Kamyab jawan program form will be available in both the languages i.e English and Urdu. Minimum important information will be required from the applicant. Plus, the format of the form would be very easy and simple.

You can get kamyab jawan program form from the linked banks or the website of these banks. The applicant has to submit the kamyab jawan program fee which is Rs/100. Moreover, this form is nonrefundable, here is the link for form: https://yes.kamyabjawan.gov.pk/BankForm/ApplicantForm

On a quarterly basis, all the information regarding the extension of loans will be provided by the State Bank of Pakistan. At the end, the banks will gear up their systems for a successful implementation.

Kamyab jawan program website:

You can apply online for kamyab jawan program loan, Click here under given link to open kamyab jawan program website:

https://yes.kamyabjawan.gov.pk/

Some Other links:

[Informative]: How to apply online for passport in Pakistan.
[Informative]: How to Register a company in Pakistan.