Punjab Rozgar Scheme 2021 apply online CM punjab rozgar scheme
Punjab Rozgar scheme loan apply online
The Punjab Rozgar Scheme was launched on October 1, 2020, by Punjab Chief Minister Sardar Usman Buzdar. The scheme aims to provide easy loans and employment opportunities to the young generation of Punjab to reduce poverty and unemployment. More information.
Punjab Rozgar scheme eligibility criteria:
- Interested person must have University or college student with any skill
- Diploma holder are welcome to apply
- All Interested Candidate Must have Age between 20 to 50 Years
- Both Male and Female Transgender are welcome to Apply
- All interested candidate must have a citizen of Pakistan Resident in Punjab
- Interested Candidate must have Valid CNIC
- Business Location must be in Punjab
- Business Type Sole Proprietor, Partnership and other business must fulfill eligibility criteria mention in the advertisement
- Interested must-have business plan for new business
- CIB report by State Bank Of Pakistan
CM Punjab Rozgar scheme application form Download 2021
Punjab Rozgar Scheme official website:
https://rozgar.psic.punjab.gov.pk/
Required Documents for Punjab Rozgar Scheme 2021
A Clear picture with complete face
Both side of the Valid CNIC
Latest education degree/Diploma/Certificate
Scanned copy of Security Documents for Loan
Punjab rozgar scheme terms and conditions :
Loan Limit:
Up to Rs. 10.00 million Net lending: from Rs. Rs 100,000 1,000,000 / -Secured lending: from Rs. 1,000,001 / – up to Rs. 10,000,000 / -Under the Punjab Green Development Program.
Purpose of the loan:
Starting a new business balancing, Modernization and Replacement (BM&R) for Existing FacilitiesWorking capital
IHR sector:
Manufacturing, service, trade, agriculture, and animal husbandry(Green / quality-enhancing micro enterprises as defined above will also be considered under the Punjab Green Development Program)
One-time commission:
Rs. 2000 / – (not refundable) at the time of application
Loan term / Repayment term:
From 02 to 05 years old, including a grace period
Grace period:
Up to six (06) months (however, a surcharge will apply during the grace period)
Loan type:
Punjab Rozgar Program Term loan in accordance with the policy of the bank and working capital
Capital cost:
The cost of capital paid by the Borrower:4% for net lending5% for secured loans
Debt: Equity:
80:20 (for men)90:10 (Women, transgender, and disabled people)(This means that the borrower will invest 20% / 10% of the project cost)
Granting loans:
By installments (s) according to the approved business plan
1. Ensuring net lending Loan limits security from Rs 100,000 500,000 / -Personal guarantee of the borrower together with a statement of net worth. Loan limit security from Rs. 500 001 / – up to Rs. 1,000,000 / .
The Borrower’s Personal Guarantee, together with at least one Third Party Guarantor, the total net worth of which is collectively equal to the amount of the loan provided.
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