Punjab Rozgar Loan

  Loan limit2022

Upto Rs. 10.00 Million

Clean lending: from Rs. 100,000/- to Rs. 1,000,000/-

Secured lending: from Rs. 1,000,001/- to Rs. 10,000,000/-

Under Punjab Green Development Program, the limit of a loan will remain the same. However, preference will be given to the micro-enterprises, ready to adopt the environment improving technology, having up to 10 numbers of employees.

Purpose of loan

Setting up of new business

Balancing, Modernization and Replacement (BM&R) for existing businesses

Working Capital

Processing fee

Rs. 2000/- (non-refundable) at the time of submission of application

Type of loan

Term loan as per bank policy and working capital

Punjab Rozgar Loan

Another more than 1 billion Punjab Rozgar Loan will be provided to start the following business.

Manufacturing

Trading

Services

Livestock

Agriculture

Punjab Green Development Loan

Punjab Green Development Loan will be provided for the following businesses.

Bricks making Bhatta ( Zig Zag Technology)

Organic Food

Drip Irrigation

Solar System

Nurseries

Biogas Plant

Punjab Green Development Program (PGDP) has been initiated to improve environmental quality in the province and to reduce air, soil, and water pollution; address deforestation, floods, and land degradation; manage surface water and groundwater resources; conserve natural resources and protect biodiversity; develop public transportation and other alternatives to private motorized vehicles; integrate environmental considerations in public policymaking and private investments; comply with international standards and enhance green competitiveness; and to promote resource and energy efficiency.

Eligibility Criteria for Government Loan Scheme:

The following eligibility criteria will be adhered to to process the loans under Punjab Rozgar Scheme:

Age should be 20 to 50 years

Any Gender Male / Female / Transgender can apply for the loan.

Resident condition is that individuals should be citizens of Pakistan, residents in Punjab, verified through CNIC

The business location must be in Punjab

Business Type: Sole Proprietor, Partnership, or any business fulfilling other eligibility criteria

Must have a clean e-CIB / Credit History

For startups / new businesses

Having a viable business plan

For existing businesses

Having a viable business plan with a focus to sustain the impact of COVID-19

Having Valid CNIC

Any other parameter to be set by Punjab Small Industries Corporation (PSIC) / Government.

How to Apply Online for Punjab Rozgar Scheme 2022?

Interested applicants need to apply ONLINE through www.rozgar.psic.punjab.gov.pk