Youth Loan Forms has got the highest popularity among the youth. Youth are very much eager to apply for Youth Loan for Small Business. The highest downloads were recorded on the first two days on launch of application forms by SMEDA, National Bank of Pakistan and First Women Bank Limited.
During the first day, abut forty thousand forms were downloaded from PM Youth. It is estimated that more than 1 million forms have been downloaded from all the combined websites which offered the download of PM Youth Loan Form.
The loan is offered at the discount interest rate of 8% and the remaining 7% will be paid by government. This facility will help new persons to establish their business or expand the already going on businesses in any category.