SMEDA Services
Small and Medium Enterprises Development Authority (SMEDA) has been tasked by PM’s Youth Programme Program with an advisory & supporting role to provide free guidelines to YES applicants.
SMEDA Free Online SupportAll Pakistani residents, aged between 21 and 45 years with entrepreneurial potential are eligible to apply for the loan. For IT/ E-Commerce related businesses, the lower age limit is 18 years. Youth Entrepreneurship Scheme is for both startups and expansion of existing businesses across Pakistan. Loan applications have to be submitted online (hyperlink) only through our website.
Loans provided under YES are segregated into 3 tiers.
Tier 1
The range is 100,000 upto 1 million PKR with 3% markup. No Security required for loan in this tier.
Frequently Asked Questions
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Can loan be applied physically in branches?
No physical application form is required. All applications have to be submitted online at the following link/ address:
https://kamyabjawan.gov.pk/bankform/newapplicantform -
Can a non-resident Pakistani apply?
No. This scheme is only for resident Pakistanis.
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Can government employees apply?
No. Government employees are strictly barred from applying under this scheme.
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Does any gender have any priority?
There is no gender discrimination in this scheme and applicants of all genders are offered equal opportunities. However, considering the ground realities and to protect the fair gender, a minimum of 25% share on aggregate basis of all loans is kept for women.
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What is the minimum educational requirement for an applicant?
There is no general requirement of minimum educational qualification, though it will be a favorable consideration for decision making by banks. However, in case of businesses which compulsorily require certain qualification, certifications, diplomas, authorizations or licenses, the same must be held by the applicant.
Participating Banks
Financial Calculators/Templates
SMEDA Free Walk-in Support
Punjab (Head Office)
4th Floor, 3rd Building, Aiwan-e-Iqbal Complex Egerton Road, Lahore
Tel: (042) 111-111-456, 99204701-12
Baluchistan
Bungalow No. 15-A, Chaman Housing Scheme Airport Road, Quetta
Tel: (081)-2831623 - 2831702
Email: helpdesk.balochistan@smeda.org.pk
Khyber Pakhtunkhwa
Ground Floor, State life Building The Mall, Peshawar
Tel: (091)-111-111-456, 091-9213046-7 Email: helpdesk.KhyberPakhtunkhwa@smeda.org.pk
Sindh
5th Floor, Bahria Complex II M.T. Khan Road, Karachi
Tel: (021)-111-111-456
Email: helpdesk.sindh@smeda.org.pk
