PM Youth Business And Agriculture Loan Scheme 2026 is a very good scheme. This scheme has been launched by the Government of Pakistan for the young generation of Pakistan. This scheme is being implemented all over Pakistan and this is the most benefiting scheme. The aim of this scheme is to provide loans to people on easy installments, with which they can start their business or work etc. and later they can slowly repay the loan with easy installments without any interest. This scheme is also very beneficial for the farmer because the farmer can also do anything for his land by taking a loan from this scheme or fulfill his needs and later he can slowly repay this loan without any interest. This wise man is beneficial for the young generation because the children and youth who are not doing any work yet and have recently completed their studies and do not have enough money to start any work, then they can take a loan from this scheme and start any business or work of their own and after a year You can repay this loan within a year with no interest.

Today’s article on PM Youth Business and Agriculture Loan Scheme 2026 will give you a complete description of the process from taking a loan to repaying the loan and it will also tell you who can take this loan, who is eligible for this loan, how to apply for this loan and much more. This article will tell you.

Also Visit: https://pmybals.pmyp.gov.pk/

What is the PM Youth Business And Agriculture Loan Scheme 2026?

PM Youth Business and Agriculture Loan Scheme 2026 is a government program and the aim of this program is to provide financial assistance to young Pakistanis so that they can start their own work or any business etc. Through this, eligible applicants can get loans to start a new business, expand an existing business or invest in agricultural activities.

The scheme is implemented through major banks across Pakistan and operates under the supervision of the Government of Pakistan.

Objectives of the Scheme

The main objectives of the PM Youth Business And Agriculture Loan Scheme 2026 are:

• The aim of this program is to popularize entrepreneurship among the younger generation.
• The aim of this program is to reduce unemployment from Pakistan.
• The aim of this program is to help and support small and medium-sized businesses.
• The aim of this program is to popularize and promote agricultural production and agriculture.
• The aim of this program is to encourage people to become self-employed.
• The aim of this program is to strengthen the country’s economy.

By providing easy access to loans, the government aims to empower young people to become job creators instead of job seekers.

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Loan Categories Under the Scheme

The scheme offers loans under different tiers to meet the needs of various applicants.

Tier 1 – Small Business Loans

• If your business is at a small level, you will be given a loan of up to 50 thousand.
• And you will pay much less interest on this loan.
• This is also a great option for starting a new business at a small level.

Tier 2 – Medium Business Loans

• In the PM Youth Business and Agriculture Loan Scheme 2026, if you want to start your own business at a medium level, you will be given a loan of Rs 5 lakh to Rs 15 lakh.
• In this, you will be given an interest-only loan, meaning that the amount of loan you take will be between 5 lakhs and 15 lakhs, and then you will have to pay interest on it.
• And if you already have a business and you want to grow it further, then this option is very good for you.

Tier 3 – Large Business & Agriculture Loans

• If you want to run or grow your business at a large level, you will be given a loan ranging from Rs 1.5 million to Rs 7.5 million.
• In this loan, you will be charged interest based on the loan amount, meaning that the interest will be calculated and given to you based on the amount you borrow, and you will have to pay that amount.
• This loan is very good for businesses that are already doing very well and good for agriculture.

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Who Can Apply for PM Youth Loan Scheme 2026?

To apply for the PM Youth Business And Agriculture Loan Scheme 2026, applicants must meet the following eligibility criteria:

• To apply for PM Youth Business and Agriculture Loan Scheme 2026, you must have a valid ID card.
• To apply for this program, you must be a resident of Pakistan.
• To apply for this program, you must be between 21 and 45 years of age.
• If you want to do any IT or technology-related business, you must be at least 18 years old.
• To apply to this program, you must have an excellent business or agricultural plan.
• Both boys and girls can apply for this program.
• This program can be applied by those who already have a business and those who want to start their own business by taking a loan from this scheme.

Women, disabled persons, and minorities are strongly encouraged to apply under special quota support.

Agriculture Loan Support in 2026

One of the most important features of this scheme is strong support for the agriculture sector. Farmers can use the loan for:

• If you are in the agriculture sector, you can get a loan from this scheme for fertilizer or seeds, etc.
• By applying for this scheme and getting a loan, you can buy agricultural machinery etc.
• You can also farm livestock by getting a loan from this scheme.
• You can also do dairy farming by getting this loan.
• Poultry farming
• Greenhouse farming
• Irrigation systems

This support helps improve rural livelihoods and strengthens food security in Pakistan.

Required Documents for Application

Applicants must prepare the following documents before applying:

• To apply for this scheme, you must have a valid CNIC card.
• To apply for this scheme, you must have recent passport size photographs.
• To apply for this scheme, you must have your own business or agricultural plan.
• To apply for the scheme, you must have some documents related to your skills or education.
• You must have a bank account to apply for this scheme.
• To apply for this scheme, you must have an electricity bill of your home.

Providing correct and complete documents increases the chances of approval.

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How to Apply Online for PM Youth Loan Scheme 2026

The application process is simple and fully online.

Step-by-Step Application Process

• To apply for PM Youth Business and Agriculture Loan Scheme 2026, visit their official website.
• Log in to the website with your ID card or mobile number.
• Fill out your online application form there.
• Then select your loan category and loan amount, for example, you want to apply in the small category as mentioned above, medium or large.
• Then upload all your necessary documents.
• Then recheck your application and submit it.

After submission, the application is forwarded to the selected bank for verification and processing.

Markup Rate and Repayment Period

The PM Youth Business And Agriculture Loan Scheme 2026 offers affordable markup rates compared to commercial loans.

• Its markup rate is 0% for small loans.
• You can repay this loan within three to eight years.
• This period is also available in selected cases.

This flexible repayment structure makes it easier for young entrepreneurs to manage their finances.

Banks Participating in the Scheme

The scheme is offered through major banks in Pakistan, including:

• National Bank of Pakistan
• Bank of Punjab
• Habib Bank Limited
• United Bank Limited
• MCB Bank
• Allied Bank

Applicants can choose their preferred bank during the application process.

Common Reasons for Loan Rejection

Some applications may be rejected due to:

• Incomplete application form
• Weak business plan
• Incorrect documents
• Poor credit history
• Not meeting eligibility criteria

Applicants should carefully review their information before submission.

Also Read: PM Health Card Expansion 2026 – Free Healthcare Coverage & Eligibility Guide

Final Thoughts

PM Youth Business and Loan Scheme 2026 is a government-run program. The aim of this program is to help young people and low-income people who want to earn more. You can take a loan without interest. It gives you a loan from which you can start your current business or a new one and make it a successful one. This game was specially launched for young people who are sitting at home, their studies have been completed and they do not have any work. So, they can get a loan from this loan and start their own business and make their life better.

If you or any of your friends, relatives, etc. are sitting at home and have completed your education and you have enough money and no expenses to start your own business, then you should also apply for this loan and start your own business.