NBP Plus Term Deposit Certificate With Latest Profit Rates
NBP Plus TDC
Type:
Term Deposit Certificate Salient Features:
Investment up to 10 years with tier based profit payment structure depending on amount and tenor.
Running Finance Facility up to 90%
Profit payment on maturity
Attractive profit rates are offered according to invested amount and tenure
Free SMS Alerts
Purpose:
For those high net worth individuals and corporate customers who wish
to avail attractive return on their investment upon maturity of the
certificates.
Eligibility:
Individuals, government / educational institutions, sole proprietors and corporate entities.
how to apply for prime minister laptop scheme 2023 | prime minister laptop scheme 2023 |
Govt to distribute 100,000 laptops among youth:
Govt to distribute 100,000 laptops to youth across Pakistan 23 February 2023 Thursday:
ISLAMABAD: Prime Minister (PM) Shehbaz Sharif on Thursday announced that the federal government would distribute 100,000 laptops among top achiever youths across the country, purely on merit.
PM NATIONAL LAPTOP SCHEME 2023: Prime Minister's Youth Program is a special initiative launched by the Government of Pakistan in 2013 for five (05) years. The Youth Program comprises of several schemes including Prime Minister's Interest Free Loan Scheme, Prime Minister's Youth Business Loans, Prime Minister's Youth Training Scheme, Prime Minister's Youth Skills Development Scheme, Prime Minister's Fee Reimbursement Scheme for Students from Less Developed Areas and Prime Minister's Laptops Scheme. Prime Minister's Laptops Scheme is for Talented Students with the main objective of this scheme is an attempt to enhance the scope of research and quality education in the country and increase the access to information technology.
Prime Minister Laptop Scheme 2023 ELIGIBILITY CRITERIA: Eligibility Criteria (Phase-2023)-Ongoing
The applicant must have a valid CNIC/ B-Form number.
Must be valid student as of closing date for application submission i.e.
Students enrolled till as per announced date 2023 (for new enrollments the student must be enrolled before as per announced date in 2023) but not earlier than their respective program duration as per the table below:
Sr.No Program Duration(Max)
1. Matric 2 Year
2. Fsc 2 Year
3. Bachelors 2 Year
4. Masters/BS 4 Year
5. MBA 1.5/ 2.5/ 3.5 1.5/ 2.5/ 3.5 years
6. MS/ MPhil 2 years
7. PhD 5 years
Students studying in public sector Universities/ Degree Awarding Institutes duly recognized by HEC.
Students enrolled in PhD/ MS/ MPhil or equivalent 18 year program
Students enrolled in 1 or 2-year Masters degree program (morning and evening)
Student enrolled in 4-year or 5-year Bachelor degree program (morning and evening)
Students studying as distant learner in Virtual University of Pakistan or Allama Iqbal Open University.
Students studying in government degree or postgraduate colleges of Federal Capital and Federally Administered Tribal Areas.
Students of degree colleges of other provinces may be covered from respective provincial arrangements (if any)
Students' eligibility and enrolment status as defined above shall be determined on the day of distribution of laptops at the HEI.
Criteria for Students enrolled in distance learning program at VU and AIOU, and students of polytechnic institutes of Pakistan and AJK shall be defined in coordination with respective universities/ boards and will be updated accordingly.
No laptop shall be issued to those who have availed in the past from such initiative(s) taken by the government or by the higher education institute.
HOW TO APPLY FOR Prime Minister Laptop Scheme 2023:"PM Laptop Scheme" Students are advised to Apply Online by Registering or Updating Profile at the following link of Students' Service Portal. PM Laptop Scheme 2023 Link 1: http://pmnls.hec.gov.pk
PM Laptop Scheme 2023 Link 2:
https://www.pmyp.gov.pk/
Important notice for laptop applicants: Students who are encountering issue in receiving SMS while applying under Prime Minister’s Laptop Scheme Phase-III are advised to register their complaints along with cell phone number on pmnlscomplaint@hec.gov.pk
prime minister youth loan scheme 2023 online registration
"Prime Minister Youth Loan Scheme 2023 Apply Online For Tier 1":Link Below
https://youtu.be/7Nw29IUTH_4
How to apply for Prime Minister Youth Program?
How to apply for Prime Minister Kamyab Jawan program?
PM Youth Internships Apply Online through www.pmyp.gov.pk,youth loan
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2023,prime minister loan scheme,and the Prime Minister Internship
program 2023 Application is now open. Prime Minister Pakistan Imran Khan
has Announced the Paid Internship Program 2023 For the Unemployed
Graduates of Pakistan.
Who is eligible for PM loan scheme?
Financing under PMYP-YES is available for all citizen of Pakistan
holding CNIC, aged between 18 and 45 years with entrepreneurial
potential.
How to get youth loan in Pakistan?
All Pakistani residents, aged between 18 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.
Applications have to be submitted online only through our website. Loans
provided under PMYB&ALS are segregated into 3 tiers.
What is Prime Minister Youth loan Scheme?
Prime Minister's Youth Business Loans support youth and their
entrepreneurial mindset by providing easy access to business loans. The
loans are provided on simple terms and with less markup through 21
Commercial, Islamic, and SME banks.
"PM Youth Business Loan 2023 Eligibility, Application Form, How To
Apply"
"Apply Prime Minister Youth Business Loan Scheme 2023"
"Prime Minister Loan Scheme 2023, Apply Online For PMYBL"
"Prime minister youth business loan program 2022-2023 | Online
Registration"
"How to Apply Prime Minister Youth Loan Scheme 2023"
#pmyploan2023
#govtloanscheme2023
#loansandbankingpoint
prime minister youth loan scheme 2023 | pm youth loan scheme 2023 apply online | pmyp |
Prime Minister's Youth Business & Agriculture Loan Scheme 2023 (PMYB&ALS)
Prime Minister Youth Loan Scheme 2023:
Government of Pakistan has approved revisions in the key features of PMKJ-YES with a view to make it more purposeful and beneficial for small businesses and agriculture. The new components of youth loan scheme 2023,pm nojawan loan scheme,www.pmyp.govt,pm shahbaz sharif loan scheme,shahbaz sharif loan scheme 2023 online apply,shahbaz sharif loan scheme,pmyp.gov.pk loan form,pm youth loan scheme 2023,pm loan scheme 2023,prime minister loan scheme,prime minister youth loan scheme 2023 online registration, prime minister youth loan online apply , interest free microloans and agriculture loans have been added in the scheme. Moreover, the scheme has been renamed as Prime Minister's Youth Business & Agriculture Loan Scheme (PMYB&ALS).
The key features of PMYB&ALS PM Youth Loan Scheme 2023 approved by the Government of Pakistan are reproduced below:
Prime Minister Youth Loan Scheme 2023 Eligibility Criteria:
All citizens of Pakistan holding CNIC, aged between 21 and 45 years with entrepreneurial potential are eligible.
For IT/E-Commerce related businesses, the lower age limit will be 18 years and at least matriculation or equivalent education will be required.
Above age limit condition is applicable on individuals and sole proprietors. In case of all other forms of business including partnerships and companies, only one of the owners, partners or directors must be in the age bracket prescribed above.
Small and Medium Enterprises (startups and existing businesses) owned by youth as per above mentioned age brackets are also eligible.
In case of agriculture, farmers’ classification as per SBP’s “Indicative Credit Limits & Eligible Items for Agriculture Financing 2020” will be applicable.
Prime Minister Youth Loan Size:
Size of loan is segregated into 3 tiers, as under: Tier 1 (T1): Upto Rs 0.5 million Tier 2 (T2): Above Rs 0.5 million and upto Rs 1.5 million Tier 3 (T3): Above Rs 1.5 million and upto Rs 7.5 million
Prime Minister Youth Loan Type:
Term loans/ working capital loans including murabaha and leasing/financing of machinery and locally manufactured vehicles for commercial use. Only one vehicle per borrower is allowed. A borrower in food franchise and distribution business may avail financing for more than one vehicle. Upto 65% of total financing limit can be availed for Civil Works. For agriculture, production and development loans are eligible.
PM Youth Loan Scheme 2023 Tenor:
T1: Upto 3 years and repayment will be in equal monthly installments. However, in case of crop loan, tenor will be upto 1 year and repayment will be lump sum on or before maturity, tied-up with the crop cycle.
T2 & T3: Upto 8 years for long term/development loans with maximum grace period of upto one year.
For working capital/production loans and murabaha under T2 and T3, tenor will be upto 5 years. Banks will have the option to lend working capital/production loans wherein only markup will be payable during first 2 years and thereafter both principal along with the markup will be paid in next 3 years making it total repayment period of upto 5 years.
Debt: Equity ratio:
For New Businesses:
T1 & T2 - 90:10 T3 - 80:20
The Borrower’s contribution of equity would be in the form of cash or immovable property and will be required after approval of loan.
For Existing Businesses: Nil for all tiers.
PM Youth Loan Scheme 2023 Interest Rate or Markup Rate:
T1: KIBOR+9% which includes wholesale lenders margin of KIBOR+1% and Microfinance Banks (MFBs)/Microfinance Institutions (MFIs) margin of 8%. T2 & T3: KIBOR+3% Six months KIBOR offer will be used for calculation of mark-up subsidy.
End user rate:
T1: 0% T2: 5% T3: 7%
PM Youth Loan Scheme 2023 Security Requirements:
Security arrangement will be as under:
T1: Clean (secured only by personal guarantee of the borrower). In addition, rules & regulations of SECP/SBP shall be complied with by MFBs/MFIs. T2: Clean (secured only by personal guarantee of the borrower). T3: As per banks policy. Vehicle(s) financed under T1, T2 & T3 to serve as collateral.
Risk Mitigation:
Government will bear credit losses (principal portion only) on the disbursed portfolio of the banks as under:
T1: Upto 50% which includes 40% for wholesale lenders on pari-passu basis and 10% for MFBs/MFIs on first loss basis T2: Upto 25% on first loss basis T3: Upto 10% on first loss basis
PM Youth Loan Number of loans per borrower:
A customer may avail maximum two loans (including one long term and one short term loan) within overall maximum financing limit of Rs 7.5 million.
In case of agriculture, a customer may avail one production loan and one development loan within overall maximum financing limit of Rs 7.5 million.
Sectors and Products:
All sectors and products. Moreover, in case of agriculture, all crop and non-crop sectors (including crop production, livestock, poultry, fishery, dairy etc.) are also eligible.
Executing Agency (EA):
All commercial and Islamic banks are advised to come on board.
Banks/DFIs are encouraged to participate as wholesale lenders for providing liquidity to MFBs/MFIs for onward lending under T1.
The loan applications processing and disbursement under T1 will only be made through MFBs/MFIs to be selected by the respective wholesale lenders.
Focus on Women:
25% of the loans will go to women borrowers.
Allocation in Budget:
Finance Division shall allocate funds in each fiscal year’s budget as per estimates provided by SBP. Payment will be made on submission of consolidated claims of all banks by the SBP on quarterly basis.
Online Application Form on PM Youth Portal:
For effective monitoring, online application form is prescribed through PM Youth Program (PMYP) Portal. The Form would be both in English and Urdu as provided on the portal.
The purpose of the portal is to provide a centralized platform through which applicants would be able to apply directly to the relevant banks. The portal will be hosted and controlled by National Information Technology Board, Ministry of IT and Telecommunication.
Only authorized stakeholders for specific purposes will have an access to the portal e.g. individuals for the purpose of applying for loans; banks for the purpose of receiving applications; SMEDA for providing their hand-holding/guidance support wherever necessary and PM Youth Office for retrieving information for monitoring purpose.
Moreover, external audit of the portal from expert IT auditors will be conducted on annual basis to ensure that online portal is used by the concerned stakeholders for intended purpose only and unauthorized use of the online portal, if any, is identified in a timely manner.
Turn Around Time:
The processing time will not exceed 45 days and will be stated clearly in the application form. Non-refundable form processing fee will be Rs. 100/- inclusive of NADRA online CNIC verification fee.
Monitoring:
SBP will devise a mechanism in conjunction with Finance Division and banks on monitoring the subsidy budget and setting triggers.
SBP will also publish consolidated information about the loans extended under the scheme for information of the public on quarterly basis on its website.
Geographical distribution:
Whole of Pakistan. In case of Balochistan, at least one branch of NBP will be designated per Division.
Additional Measures:
Executing Agencies should ensure following additional measures:
Criteria for assessing entrepreneurial potential should be developed and implemented.
In case of loan for existing businesses, a robust independent verification mechanism may be introduced to ensure proper utilization of loans.
For new businesses, a robust mechanism for ongoing monitoring of the loans’ utilization should be developed and implemented.
A comprehensive monitoring and evaluation framework may be developed to measure the impact of the scheme, particularly direct jobs created by the beneficiaries.
The Prime Minister (Youth Affairs) Office may hire a firm for audit, evaluation and monitoring of the scheme.
prime minister youth loan scheme 2023 online registration | prime minister youth loan online apply |
Akhuwat Loan | Family Enterprise Loan | Akhuwat Foundation Loan |
Family Enterprise Loan:
Family enterprise loans are offered by AIM for the establishment of a new business or the expansion of an existing one. AIM would like to continue to place emphasis on provision of such loans.
Akhuwat Foundation Family Enterprise Loan Feature and Requirement:
akhuwat foundation loan | prime minister low cost housing scheme |
Government of Pakistan through Ministry of Housing & Works has launched a Housing Scheme with total funds of PKR 7 Billion out of which 7 Billion has been released by the Government of Pakistan till now & subsequently disbursed. Under the said scheme, poor and deserving families will be provided with financial assistance as per Shariah compliant product up to PKR 500,000/- through Akhuwat Islamic Microfinance (AIM). This scheme seeks to support the poor both economically and socially.
Prime Minister Low Cost Housing Scheme Salient Features are as follows:
Financing size up to Rs.500,0000/-
Repayment period is from 13 to 60 months.An early repayment will be welcomed.
Average Monthly rental amount is up to Rs.10,000/-
Financing will be given for following purposes:
Entire new construction or lanter for new house.
Addition of rooms, kitchen & bathroom etc.
Renovation & up gradation.
The application processing fee will be zero.
Eligibility Criteria for Low Cost Housing Scheme: To be eligible under the said scheme, the applicant must meet the following criteria of having;
Valid CNIC
Age up to 60 years
Applicant must be the owner of the land/house
Valid ownership title or evidence of land/house(mayincludeRegistry,Inteqal,Fard,Allotment letter or any other valid evidence deemed appropriate)
Land size of 5 Marla or less or covered area which is not more than 1,360sqft.
Good social and moral character in community
Monthly house hold income upto Rs.60,000.
Residence in the operational area of AIM’s branch.
Should have a clear credit history(ifany).
*Preference may be given to widows and house holds with monthly income below Rs.40,000. For further details,please visit our branch nearest to your plot/house under consideration. Complete address & contact details of our branches is available on our website.
finca microfinance bank loan details in urdu | finca bank loan online apply |
FINCA Microfinance Bank Ltd. helps you achieve your dreams
with finca microfinance bank loan,finca bank loan online apply
and finca bank loan products coupled with the best interest rates, easy
repayment options, seamless loan processing and quick turnaround time for
acquiring loans.
FINCA Microfinance Bank Loan
In 2013 FINCA Microfinance Bank Ltd opened its doors to the
people of Pakistan as part of the FINCA global network. FINCA Microfinance
Bank Limited is a licensed deposit-taking bank, one of the fastest growing
microfinance networks in Pakistan operating in 135+ cities.it helps you
achieve your dreams with multiple loan products coupled with the best interest
rates, easy repayment options, seamless loan processing and quick turnaround
time for acquiring loans.
FINCA Microfinance Bank Limited Provides the Following Loans Finance
Facilities:
Tractor Loan
Niswan Karza
Light Commercial Vehicle Loan
Karobari Karza
Kashtkar Karza
Maweshi Karza
Sunheri Karza
House Loan (Renovation/Improvement)
Motorcycle Loan
FINCA Microfinance Bank Loans Features & Specifications
1.Tractor Loan
A tractor is an essential necessity of farming therefore
FINCA brings Tractor Loan for all farmers. It gives them the opportunity to buy
new and used Tractors at lowest Markup rates to help increase their
agricultural yield.
Features & Specifications
Credit Amount from PKR 500,000 to PKR 1,000,000
Tenure from 1-5 years
Easy Bi-Annual Installments
10% Down Payment
Available for the purchase of new or old tractor
Instant SMS alert on every transaction
IBFT Facility
24/7 Call Center Assistance
Min Eligibility Requirements:
Age between 21 to 64 (at the time of Loan approval)
Valid CNIC
Experience in crop farming for >1 year
Owns min 1 acre land
Documents of Agricultural Land
Personal & Business address within the zone/radius of
associated branch
2.Niswan Karza
A successful woman is the one who can build a firm
foundation. Niswan Karza helps women build that foundation with a loan for
their business needs.
Features & Specifications
Credit amount ranges from PKR 25,000 to PKR 350,000
Credit tenure: 6, 12, 15 and 18 months
Repayment in Equal Monthly Installments (EMI)
Convenient & easy to understand paper work
Instant SMS alerts on every transaction
Online Banking
IBFT Facility
24/7 Call Center Assistance
Min Eligibility Requirements:
Resident Pakistani National.
Hold Valid CNIC (Computerized National Identity Card).
Age between 21 to 62 Years (At the time of approval of
loan).
Not Part of Any Customer / Loan Exclusion / Negative List.
Involved in Business for Last 01 Year.
Running Business at Current Location for Last 01 Year.
3.Light Commercial Vehicle Loan
FINCA Light Commercial Vehicle Loan / Lease facility caters
to the needs of business individuals involved in the transportation business or
requires commercial vehicles to support their business activities.
Features & Specifications
Credit Amount from PKR 500,000 to 10,00,000
Tenure from 1 – 5 years
Easy Monthly Installments
10% Down Payment
Instant SMS alert on every transactions
IBFT Facility
24/7 Call Center Assistance.
Min Eligibility Requirements:
Age between 21 to 62 (at the time of Loan approval)
1 Passport size picture
Valid CNIC
Evidence of Monthly Income
4.Karobari Karza
Take your business to new heights with Karobari Karza that
gives you a chance to fulfil your working capital / capital expenditure
requirements for your business.
Features & Specifications:
Credit Amount ranges from PKR 25,000 to PKR 1,000,000
Credit tenure can be 6, 12, 15, 18 or 24 months
Repayment in Equal Monthly Installments (EMI)
Convenient & easy to understand paper work
Instant SMS alerts on every transaction
Online Banking
IBFT Facility
24/7 Call Center Assistance
Min Eligibility Requirements:
Age between 20 to 64 years (at the time of loan approval)
Valid CNIC
Operational business for >1 year
Personal guarantor
5.Kashtkar Karza
Kashtkar Karza gives farmers the opportunity to expand their
farming business. Repayment of this loan is synced with crop cycles to provide
ease.
Features & Specifications
Credit amount from PKR 50,000 to PKR 500,000
Tenure from 3 to 12 months (15 months for Sugarcane only)
Lump Sum repayment
Convenient & easy to understand loan process
Instant SMS alerts on every transaction
IBFT Facility
24/7 Call Center Assistance
Min Eligibility Requirements:
Age between 21 to 62 years (at the time of approval of loan)
Valid CNIC
Experience in crop farming for >1 year
Personal guarantor
6.Maweshi Karza
A loan facility that is designed to meet the ever growing
financial needs of the livestock sector to increase productivity and fulfill
capital requirements.
Features & Specifications
Credit amount ranges from PKR 25,000 to PKR 500,000
Repayment in Equal Monthly Installments or Lump Sum
Tenure from 3 to 12 (Lump Sum); 6, 12, 15, 18 or 24 months
(EMI)
Convenient & easy to understand paper work
Instant SMS alerts on every transaction
Online Banking
Cheque Book
Call Center assistance 24/7
Min Eligibility Requirements:
Age between 21 to 62 years (at the time of approval of loan)
Valid CNIC
Operational Livestock business for >1 year
Personal guarantor
7.Sunheri Karza
Instead of selling your gold to finance or expand your business, you can now
provide gold as a security collateral against the loan while still keeping
ownership of your gold.
Features & Specifications
Credit Amount ranges from PKR 25,000 to PKR 1 Million
Credit tenure can be 6 to 12 months (EMI); 3 to 12 months
(Lump Sum)
Repayment in Lump Sum or Equal Monthly Installments
Convenient & easy to understand paper work
Instant SMS alerts on every transaction
Online Banking
IBFT Facility
24/7 Call Center Assistance
Min Eligibility Requirements:
Valid CNIC
Age between 21 to 62 years (at the time of loan approval)
Gold (Ornaments or Bullion)
8.House Loan (Renovation/Improvement)
House Loan is a medium to long term loan facility. The
product is designed for renovation, improvement, extension, restoration and
enhancement of customer’s existing housing unit.
Product Specification
Credit Range: Rs.75,000 to Rs.1,000,000/- loan facility.
Competitive Mark-up Rate.
Credit Tenure: Up to 5 years (up to 24 months for
unsecured).
Easy monthly installments.
Minimum documentation & Quick Loan Processing.
Repayment in Equal Monthly Installments (EMI).
Instant SMS alerts on every transaction.
Online Banking.
IBFT Facility.
24/7 Call Center Assistance.
Eligibility Criteria
Age limit 21 to 62 years (up to 60 years for salaried
individuals).
02 years business / employment experience (03 years for
contractual employee).
Valid CNIC.
9.Motorcycle Loan
Motorcycle Loan is funded secured short to medium-term loan
facility classified as business / conveyance loan and is designed to finance motorcycle
(s) of reputed brand (s). The loan is payable in equal monthly installments.
This facility will be extended for Business transportation needs of
businessperson/ self-employed professionals & carriage needs of Milkman
(Livestock dairy customers).
Features & Specifications
Credit amount ranges from PKR. 30,000 to PKR. 150,000.
Credit tenure: 12, 24 & 36 months.
Repayment in Equally Monthly Installments (EMI).
Convenient & easy to understand paper work.
Instant SMS alerts on every transactions.
Online Banking.
IBFT Facility.
24/7 Call Center Assistance.
Min Eligibility Requirements:
Resident Pakistani National.
Hold Valid CNIC (Computerized National Identity Card).
Age between 21 to 62 Years (At the time of approval of
loan).
Not Part of Any Customer / Loan Exclusion / Negative List.
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