Punjab Rozgar Scheme For Youth
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Prime Minister of Pakistan Launch Punjab Rozgar Scheme For Youth Of Pakistan

Punjab Rozgar Scheme For Youth: Prime Minister Shahbaz Sharif has announced the Punjab Employment Scheme for Small and Medium Enterprises. It is a business-fronted program for people living in Punjab, Pakistan, providing loans to small and medium businesses. These loans will be given on very easy terms with very low markup rates.

Small and medium entrepreneurs are the backbone of the economy for the economic development of any country. Their development has a great impact on the economy, which takes the country on the path of development. These small and medium business people are important in the expansion of enterprises.

Also read: How to Receive New Payment 23000/- Ehsaas Fast Cash Withdraw Process Start 2024

Punjab Rozgar Scheme For Youth Of Pakistan

Punjab Youth Employment Scheme is a major government project. 30 million has been initially earmarked for this program so that small and middle class business people and industries including home industries can get loans through commercial banks.

Therefore, the government has launched an employment program for these people so that they can further improve and develop their employment opportunities. We will tell you how you can be a part of this program and ensure your eligibility by knowing the complete registration process.

Also read: Good News! The Government Started Giving the Loans to Poor for Help by Ehsaas Nayi Zindagi Program:

This will help them promote their existing businesses at the national level. Registration for this scheme has started. So check your eligibility and get complete information about a required document. Complete your registration through online or offline procedures. All the registration procedures are explained below.

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Punjab Rozgar Scheme For Youth

Features of the Rozgar Scheme For Pakistani Youth

Loan Limit Clean: Rs. 100,000/ to Rs. 1,000,000
Secured: Above Rs.1,000,000 up to Rs. 10,000,000
Loan Tenure   2 to 5 years including 6 months grace period
Loan Type Term Loan
Debt: Equity Ratio For Males= 80:20
For Females, Transgender & Disabled= 90:10
Security Requirement Up to Rs. 500,000/-:Personal Guarantee of Borrower along with net worth statementAbove Rs. 500,000/ – up to Rs. 1,000,000/
Sectors All sectors can apply
Applications All applications shall be submitted online through the portal designated by the PSIC e-rozgar portal.
Processing Fee Rs. 2,000/- (Non-Refundable)

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Required Documents

You need to know about some important documents before registration, which are listed below.

  • Front and back copy of CNIC
  • A photo with a full-face
  • Registration with the Licensing Chamber of Commerce body, if any.
  • A scanned copy of the security documents is to be submitted for availing the loan.
  • Latest educational degree or certificate if available.
  • Matric Intermediate Bachelor Master or Ph.D, etc.
  • You have a business experience certificate.

PM Punjab Rozgar Scheme 2024 Online & Offline Application

We have mentioned registration through two methods; here, you can complete your registration process by following any of them.

You can read: Complete Guidelines: How to Register for Roshan Gharana Scheme 2024:

Online procedure:

  1. You have visited the official website of the Punjab e-employment scheme.
  2. There, you have to create an account by entering the email password, etc. Clear step-by-step instructions will be provided on the website. You have to follow the easy guide on your own.
  3. After that, you have to scan and upload your desired documents directly on the online platform after following the complete instructions.
  4. After that, re-check the information carefully once and click on the submit button.

Below is the procedure for applying physically for Employment Scheme 2024.

  1. You have to get the employment scheme form from the portal.
  2. In this form, you have to enter your name and CNIC number. After that, you have to get your verification done and attach the necessary documents requested with it.
  3. After verification, the form has to be uploaded to the employment portal.
  4. In this way, your registration process will be completed.

Punjab Rozgar Scheme New Update

As per the new update of Punjab e-Rojgar Yojana, people who want to be a part of this scheme should register themselves as soon as possible. Because after completion of registration, your loan gets approved within 45 days. The payment of which is given to you in easy installments.

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Also, after completing your registration, you can easily check how long we will be part of the scheme. This scheme is very effective and useful for small and middle class people who work by setting up home based industries. You can register yourself and get a five percent interest repayment loan from the government.

Conclusion

As per the new update of Punjab e-Rojgar, those who want to be a part of this scheme should register themselves as soon as possible. Because after completion of registration, your loan gets approved within 45 days. The payment of which is given to you in easy installments.

Also, after completing your registration, you can easily check how long we will be part of the scheme. This scheme is very effective and useful for small and middle class people who work by setting up home based industries. You can register yourself and get a five percent interest repayment loan from the government.

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