Punjab Youth Karobar Qarza Scheme 2024
_Punjab Youth Karobar Qarza Scheme 2024: Empowering Young Entrepreneurs_
The Government of Punjab has launched the Punjab Youth Karobar Qarza Scheme 2024, aimed at providing financial assistance to young entrepreneurs in the province. This initiative is designed to promote entrepreneurship, create jobs, and stimulate economic growth.
_Key Features of the Scheme:_
- _Eligibility:_ Punjab-based youth aged between 20 and 40 years are eligible to apply.
- _Loan Amount:_ Up to PKR 1 million loan will be provided to successful applicants.
- _Interest Rate:_ The loan will be offered at a subsidized interest rate of 5%.
- _Repayment Period:_ The loan will be repayable within 3-5 years.
_Benefits of the Scheme:_
- _Financial Assistance:_ The scheme provides financial assistance to young entrepreneurs to start or expand their businesses.
- _Job Creation:_ The scheme aims to create jobs and stimulate economic growth in the province.
- _Skill Development:_ The scheme also provides training and mentorship opportunities to young entrepreneurs to develop their skills.
_How to Apply:_
- _Online Application:_ Applicants can apply online through the official website of the Punjab Small Industries Corporation (PSIC).
- _Required Documents:_ Applicants will need to submit required documents, including CNIC, educational certificates, and business plan.
_Deadline to Apply:_
The deadline to apply for the Punjab Youth Karobar Qarza Scheme 2024 is [Insert Date]. Don't miss this opportunity to turn your business idea into reality.
_Contact Information:_
For more information, please contact:
Punjab Small Industries Corporation (PSIC)
Caution - In the recruitment process, legitimate companies never charge a fee from candidates. If there are companies that charge for interviews, tests, ticket reservations, etc., it is better to avoid them because there are indications of fraud. Do not transfer any payments when applying for a job.
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