Agriculture and Business Loans for Young Entrepreneurs 2026

In 2026, the Prime Minister’s Agriculture and Business Loans for Young Entrepreneurs 2026 (PMYB&ALS) will still be available thanks to more help from the government of Pakistan for young business owners. By giving interest-free and low-markup loans to young people across the country, this main program encourages people to work for themselves, helps new businesses get started, and grows small ones.

The scheme is a big part of lowering unemployment and boosting business in Pakistan. It does this by offering discounted loans, flexible payment plans, and a special quota for women.

This guide tells you about the different types of loans, who can get them, what papers are needed, the interest rates, and how to apply in a step-by-step way.

What Is the PM Agriculture and Business Loans for Young Entrepreneurs 2026?

Young people in Pakistan start businesses and farming projects or grow existing ones.

It supports:

• New companies and small ones
• Small and medium-sized businesses that are already open
• Projects for agricultural growth and production
• Businesses in IT and e-commerce

Loans are given by big business banks, and the State Bank of Pakistan keeps an eye on them.

Loan Tiers and Markup Rates 2026:

The scheme is divided into three tiers based on the loan amount and interest rate:

This structure allows both small and large entrepreneurs to access affordable financing.

Eligibility Criteria for Agriculture and Business Loans for Young Entrepreneurs 2026:

Applicants must meet the following conditions:

General Eligibility:

• Age range: 21 to 45
• IT and e-commerce companies: at least 18 years old
• In the IT group, you need to have at least a Matric pass.
• Must be a citizen of Pakistan and have a legal CNIC or NICOP.
• Type of business: farmers, small and medium-sized businesses (SMEs), new companies

Agriculture Sector:

• Farmers who have signed up for the SBP farming classification
• Loans are available for farming, raising animals, dairying, fishing, and building up farms.

Women Quota:

• 25% of total loans reserved exclusively for female entrepreneurs

Documents Required for Young Entrepreneurs:

Before applying, prepare the following documents:

• Photo the size of a passport
• CNIC (scanned copy of front and back)
• If they are present, educational degrees or technical certificates
• As needed, proof of experience
• Report on the possibility of a business plan
• CNIC numbers and the names of two references who are not related to you
• Electricity bill or photo ID to prove your address

Check ALso: PM Kamyab Jawan Loan Scheme – Full Guide

How to Apply for PM Youth Business and Agriculture Loan Scheme

The application process is fully online via the official PM Youth Program portal.

Step-by-Step Application Process:

The official PM Youth Program portal is where you can do all of your registration.

Step-by-Step Application Process:

Step 1: Visit Official Website

Go to the official portal: pmyp.gov.pk

Step 2: Select Loan Scheme

For the PM Youth Business & Agriculture Loan Scheme, click on the “Bank Form” link.

Step 3: Choose Your Bank:

Select a participating bank such as

• National Bank of Pakistan
• Bank of Punjab
• HBL
• Allied Bank
• Meezan Bank
• Other partner banks

Step 4: Fill Online Application

Enter information about yourself and your business, and then upload any papers that are needed.

Step 5: Pay Processing Fee

For NADRA proof, there is a small fee of Rs. 100 that is not refundable.

Step 6: Track Application

You can keep track of your a

Processing Time and Loan Limit Rules:

• Usually takes up to 45 days to finish.
• Loan limit: You can only get two loans at a time, one short-term and one long-term.
• Loan total: Can’t be more than Rs. 7.5 million
• Final permission depends on how the bank and credit bureaus rate the applicant.

Benefits of Agriculture and Business Loans for Young Entrepreneurs 2026:

• Interest-Free and Low-Markup Financing: The plan offers interest-free loans for small businesses and very low-markup loans for larger amounts. This way, young entrepreneurs can get money without having to worry about high interest rates, which makes business growth more sustainable and financially possible.
• Long Repayment Periods: Borrowers can take advantage of repayment terms that are up to 8 years long, which helps them control their cash flow, invest in business growth, and avoid financial stress while they focus on building a successful business.
• Women Entrepreneur Quota: The program actively supports gender equality by reserving 25% of all loans for women only. This gives women the power to start and grow businesses in both cities and rural areas.
• Help for Many Areas: The loan program helps many different types of businesses, such as small and medium-sized businesses (SMEs), farms, information technology (IT), e-commerce, and more. This gives Pakistan’s economy chances to grow, become more modern, and become more diverse.
• Security and trustworthiness backed by the government: The program, which is run by the State Bank of Pakistan and backed by the government, makes sure that businesses can get loans safely, lowers their risks, and builds trust between banks and borrowers.
• Helps with job creation and economic growth: The program makes it easier for new businesses to get started and grow, which promotes self-employment, jobs, and local economies, and gives young businesspeople a chance to make a real difference in the country’s progress.

Conclusion:

Young people in Pakistan can make their business dreams come true with the PM Agriculture and Business Loans for Young Entrepreneurs 2026. This program helps thousands of entrepreneurs build long-term jobs and boost Pakistan’s economy by offering interest-free loans, low markup rates, and a wide range of eligibility requirements.

You can start the process of becoming a great business owner right now by applying through the PM Youth Program portal.