All persons including men/women having CNIC, aged between 21 to 45 years having entrepreneurial potential are eligible for kamyab Jawan scheme. For the purpose of E-commerce and IT related business lower age criteria is 18 years & minimum qualification is matriculation or equipment.
Preference to women:
- 25% Of the loans is reserved only for women.
The limit of loan is divided into three tires, those are under given.
- Tier 1: In tier 1 loan limit is from Rs 1,00,000 to Rs 1 million.
- Tier 2: In tier 2 loan limit is from Rs 1 million to Rs 10 million.
- Tier 3: In tier 3 loan limit is from Rs 10 million Rs 30 million.
Loan Time period:
- Loan time period is up to 08 Years.
Grace Time period:
- Grace time period is also given up to one year according to the size and nature of business
Debt to Equity Ratio:
For Beginner Businesses:
- Tier 1- 90:10
- Tier 2- 80:20
- Tier 3- 80:20
For Running Businesses:
- Not applicable for all Tiers.
- Tier 1 Loan: Only personal guarantee of borrower is required.
- Tier 2 & Tier 3 Loan: As peer bank’s requirement.
- Application form is would be available in both Urdu and English languages, and require minimum necessary information at Kamyab Jawan portal.
- The application processing time will not more than 30 days , at the time of CNIC online verification by NADRA fee Rs.100 will not refundable.
How to Apply:
The application shall be apply at official website https://kamyabjawan.gov.pk