PM Loan Scheme Online Apply 2023 Status Check

PM Loan Scheme Online Apply – Hey there, young pals in Pakistan! Just remember, you’ve got the ticket to our country’s future. Each one of you is special, with your skills and presents. Let’s use these presents to make Pakistan even better because you can help our country grow.

Our Prime Minister cares about you and has made plans to assist you. We’re aiming to improve things for you with concepts like the PM Laptop Scheme, Youth Loan plan, Youth Development Center, and National Youth Commission. If you join in, Pakistan can become a happy and successful place.

This all started in 2013 and kept going until 2018. During this time, the Pakistani Government did important things. They had ideas like the Prime Minister’s Interest-Free Loan Scheme, the Youth Business Loan offer, the Youth Training plan, the Youth Skills plan, the Laptop offer, and the Fee Reimbursement offer for students from areas with fewer resources.

Maryam Nawaz Sharif was a leader in this mission. Over five years, they used a lot of money, twenty billion Pakistani rupees, for these ideas. On May 14, 2014, they even said they’d give loans without interest, up to Rs. 50,000. This was to help 10,000 people all over Pakistan, making sure both girls and boys get the same kind of help.

Eligibility Requirements for PM Loan Scheme:

For the Loan Program (PMYB&ALS):

• If you’re a Pakistani citizen, including those from AJK & GB, and you have a CNIC or Form B, you’re eligible.
• Your age should be between 18 to 45 years.

For the National Innovation Award:

• If you’re a Pakistani citizen, including those from AJK & GB, and you have a CNIC or Form B, you’re eligible.
• Your age should fall between 15 to 35 years.

For the Talent Hunt Youth Sports League (THYSL):

• If you’re a Pakistani citizen, including those from AJK & GB, and you have a CNIC or Form B, you’re eligible.
• Your age should be within 15 to 25 years.

Here’s what you’ll need:

1. A small picture of yourself.
2. Your CNIC (both sides).
3. Your most recent educational certificate (if you have one).
4. Certificates of experience (if you have any).
5. License or registration from a trade body or chamber (if relevant).
6. A letter of recommendation from your trade body or union (if relevant).

Information we need:

1. Your National Tax Number.
2. Your Consumer ID from your electricity bill at your current home.
3. Consumer ID from your electricity bill at your current workplace (if you have one).
4. Registration number of any vehicle under your name (if you have one).
5. Names, CNICs, and mobile numbers of two people who can vouch for you (not family).
6. Estimates of your monthly business earnings, business costs, home expenses, and any other earnings (if you’re starting a new business).
7. Actual figures of your monthly business earnings, business costs, home expenses, and any other earnings (if you already have a business).

This helps us get to know you better!

Applying for the PM Youth Loan Scheme 2023 is simple with the online process. Here’s how:

1. Fill out the Application Form: Begin by filling out the form for the Prime Minister’s Youth Business Loan. Use this link: https://www.pmyp.gov.pk/BankForm/newApplicantForm
2. Prepare Documents: Before starting, have scanned copies or clear pictures of necessary documents ready:
3. Business Details: If you’re starting a new business, estimate your monthly business revenue, variable costs, household expenses, and other potential income. For existing businesses, provide accurate figures for your actual monthly business income, expenses, household costs, and extra income sources.

Remember, this info helps make your application process smooth. Having these documents and details ready will help you complete the application effectively, boosting your chances of success.

Here’s what you need to begin:

• Sign up to apply.
• A mobile number registered in your name.
• Allocate around 15 minutes for the application.
• You can save your progress for later.
• Upload documents like Financial Statements, Business Feasibility, and the last 6 months of Bank statements.

What comes next:

• Your application registration number will appear.
• You’ll get an SMS when you submit the form.
• Another SMS will come when your application progresses.
• Monitor your application status on the official website.

PM Loan Scheme 2023 Status Check:

To check the status of your PM Youth Loan Scheme application, you can follow these simple steps:

1. Visit the Link: Go to this link: https://pmyp.gov.pk/pmyphome/TraceApplication
2. Enter Details: Provide the following details as you did when you filled out the application form for PM Youth Loan Scheme 2023:

• • Your CNIC number.
  • The date your CNIC was issued.
  • Your mobile number.
  • Your date of birth.

By entering these details, you can easily track the status of your loan application. Make sure the information you input matches what you provided during the form submission.

This way, you can stay updated on the progress of your application for the PM Youth Loan Scheme.