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Prime Minister's Youth Entrepreneurship Scheme (YES)

In line with Government of Pakistan’s vision, Meezan Bank offers the Kamyab Jawan financing scheme for youth entrepreneurs. Eligible persons can apply for the said financing only through the Kamyab Jawan Portal: www.kamyabjawan.gov.pk.

Government of Pakistan, recognizing the financial needs of youth entrepreneurs and SME business has introduced the “Prime Minister’s Kamyab Jawan – Youth Entrepreneurial Scheme (PMKJ – YES)”. This financing scheme will provide youth with affordable financing for establishing new and strengthening existing SME businesses. As per directives of Government of Pakistan, 25% of the financing will go to female customers.

eligibility criteria

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.
  • Above age limit condition is applicable on individual and sole proprietors. In case of all other forms of business including partnership and companies, only one of the owners, partners or directors must be in the age bracket prescribed above.
  • New & established SME businesses from all sectors (including agriculture) can avail fresh financing.

Note: In line with State Bank of Pakistan's regulatory requirement, negative history (i.e. overdue/ late payment/ write-off/ waiver) of consumer/individual customers will be reflected in eCIB reports for two years after settlement.

Financing Tiers

Financing Tiers

Tier Financing Amount (PKR) Customer Profit Rate Security Minimum Equity or Down Payment*
Tier – I 0.1M to 1M 3% p.a. Clean 10%
Tier – II Above 1M to 10M 4% p.a. Collateralized 20%
Tier– III Above 10M to 25M 5% p.a. Collateralized 20%
*Mandatory only for new business. Down Payment applicable for Musawammah and Murabaha.
How to Apply

How to Apply

  • Apply through Government’s portal (Click Here)
  • Choose ‘Meezan Bank’ while selecting the bank
  • Meezan Bank upon receiving the request will start initial screening of provided information.
  • The Bank will evaluate the entrepreneurial potential based on its financing policy and assessment criteria.
  • Applicant will be invited for interview and assessment on case-to-case basis.
  • Verifications will be conducted by the Bank for assessment and ongoing monitoring of the financing’s utilization, through a robust independent verification mechanism.
  • Financing will be approved/rejected as per profile of the customer and his/her eligibility according to Government’s scheme & Bank’s financing policy. Decision will be communicated to customer through SMS on provided number.
  • Financing would be provided for purchase of Asset/Inventory to successful customers as per the guidelines of Shariah.
Types and Purpose of Financing

Types of Financing

  • Musawammah
  • Murabaha
  • Diminishing Musharaka

Purpose of Financing

  • Working Capital
  • Long term financing
  • Vehicle financing
Forms of Equity / Down payment

The customer’s contribution of equity/down payment would be in the form of cash or immovable property and will be required after approval of financing.

Form of equity/down payment may vary from product to product and tier wise.


Varies from product to product (2 to 8 Years)

Grace period up to 1 Year & may vary with financing type


Financing under Tier-I: Clean, however, only personal guarantee of the financing customer will be obtained.

Financing under Tier-2 and Tier-3: As per Bank’s financing policy.

Turn-Around-Time / Form Processing

The processing time will not exceed 30 days.

Non-refundable form processing fee will be Rs. 100/- inclusive of NADRA online CNIC verification fee.

Locations Covered

Tier-I: Only main cities (Karachi, Lahore, Islamabad, Rawalpindi, Multan, Faisalabad).

Tier-II and Tier-III: All cities where Meezan Bank has its presence.

In Tier-I, because of small ticket and large number of applications, financing will be provided through only approved vendors. Therefore, initially Bank will offer financing under Tier-I only in those cities where there is presence of financing hubs and approved vendors.

Sectors & Products

Tier-I: (Smart phones, Tablets, Laptops, Desktop Computers, Bikes, Generators, Solar systems).

Tier-II and Tier-III: (All sectors and products including agriculture, subject to possibility of performing Shariah compliance transactions).