Fri. Jul 12th, 2024
Punjab Rozgar SchemePunjab Rozgar Scheme

Punjab Rozgar Scheme

Punjab Rozgar Scheme – The Punjab government has launched the Apna Rozgar Scheme 2024 to assist young people in Punjab who want to start their businesses. This program offers interest-free loans, which means borrowers do not have to pay back extra money. People in Punjab can now apply for this scheme, showing the government’s commitment to helping young individuals as directed by the Prime Minister.also read Nashonuma ProgramSchema


The main aim of the Punjab Rozgar Scheme 2024 is to provide financial support to unemployed young individuals. The government has allocated 30 billion rupees for this program, offering loans without any interest. The Punjab Small Industries Corporation is assisting in implementing the scheme. Furthermore, the government has extended the Punjab Green Development Loan to assist unemployed individuals.

Punjab Rozgar Scheme

Through the Punjab Rozgar Scheme 2024, the government intends to encourage young people to become self-employed and start their businesses. They are providing a significant amount of money to support this objective. Only Pakistani citizens are eligible to apply for the Punjab Employment Scheme.

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Realizing the importance of small and medium businesses for the economy, the government understands the difficulties they face in accessing financing options. The Covid-19 pandemic has made the situation even worse. To address this issue, the government has introduced the Ehsaas Interest-Free Loan program, which offers additional financial support to entrepreneurs and businesses. This program aims to alleviate the financial burden on small businesses and promote their growth.

Overall, the Punjab government’s Apna Rozgar Scheme 2024 and other programs are designed to empower young individuals and support business development. These initiatives provide financial assistance and help individuals overcome financial obstacles. The government’s goal is to promote the growth and prosperity of Punjab and Pakistan by supporting young people and businesses.

Punjab Rozgar Scheme (PRS) Details

The Punjab Rozgar Scheme (PRS) is a program introduced by the Government of Punjab in October 2020. Its main goal is to help small businesses and startups in Punjab, Pakistan, by providing them with subsidized loans. These loans are offered in collaboration with commercial banks and range from Rs. 100,000 to Rs. 10.00 million, with interest rates of 4% and 5% per year.

To implement the scheme, the Bank of Punjab (BoP) agreed to work with the Punjab Government and the Punjab Small Industries Corporation (PSIC) using their resources.

Applying for the Punjab Rozgar Scheme is done online through a dedicated web portal developed with the support of the Punjab Information Technology Board.

Terms & Conditions:

  • Loan Limits: The scheme provides clean loans up to Rs. 1 million and secured loans up to Rs. 10 million.
  • Interest Rates: Clean loans have a markup (interest) of 4%, while secured loans have a markup of 5%. The remaining markup is paid by the Government of Punjab.
  • Loan Limits: Clean loans can cover up to 50% of the project cost, while secured loans can cover up to 10%.
  • Loan Purpose: The loans are meant to support both new and existing businesses, with a focus on those affected by the COVID-19 pandemic.
  • Debt-to-Equity Ratio: For male applicants, the ratio is 80:20, meaning the loan can cover 80% of the project cost while the applicant contributes 20%. For women, transgender individuals, and persons with disabilities, the ratio is 90:10.
  • Loan Tenure: The repayment period for the loans is between 2 to 5 years.
  • Target Sectors: The scheme covers various sectors, including manufacturing, services, trading, agriculture, and livestock. Businesses that adopt resource-efficient and cleaner production technologies receive preference.
  • Eligible Groups: The Punjab Rozgar Scheme is open to university and college graduates, diploma holders from technical training institutes, artisans, skilled workers, and existing businesses affected by the COVID-19 pandemic.

Overall, the Punjab Rozgar Scheme aims to provide affordable credit opportunities to startups and existing businesses in Punjab, fostering economic growth and job creation in the province.

Punjab Rozgar Scheme Eligibility Criteria

Punjab Rozgar Scheme

To be eligible for loans under the Punjab Rozgar Scheme, there are certain requirements that applicants need to meet. Here are the detailed criteria:

  • Age: Applicants must be between 20 and 50 years old.
  • Gender: The scheme is open to everyone, including males, females, and transgender individuals.
  • Residency: Applicants must be citizens of Pakistan and live in Punjab. This will be verified through their Computerized National Identity Card (CNIC).
  • Business Location: The business that applicants want to start or already operate must be located in Punjab.
  • Business Type: The scheme is available for different types of businesses, such as sole proprietorships, partnerships, or any other business that meets additional criteria set by the Punjab Small Industries Corporation (PSIC) or the government.
  • Clean e-CIB/Credit History: Applicants should have a good track record in terms of credit history, indicating responsible financial behavior in the past.
  • Applicants must provide a certificate from TEVTA and vocational training.

For Startups/New Businesses:

  • Viable Business Plan: Applicants who are starting new businesses need to have a realistic and well-thought-out plan that shows the potential for success.

For Existing Businesses:

  • Viable Business Plan with a COVID-19 Focus: Existing businesses must have a solid plan that includes strategies to cope with the challenges posed by the COVID-19 pandemic. Applicants must also possess a valid CNIC for identification purposes.

The Punjab Small Industries Corporation (PSIC) or the government may set additional requirements or criteria that applicants need to fulfill.

By establishing these eligibility criteria, the Punjab Rozgar Scheme aims to ensure that loans are given to individuals within the specified age range, who are Pakistani residents in Punjab, have viable business plans for both startups and existing businesses, and have a clean credit history.

How to Apply for the Punjab Rozgar Scheme 2024?

  • Access the Application Form: To start the application process, go to the official website of Punjab Rozgar.
  • Fill in the Required Information: Once the application form appears on your screen, provide all the necessary information as instructed by the government. This includes your details, contact information, educational qualifications, work experience, and any other relevant information requested.
  • Submit the Form: After accurately entering all the required information, click on the “Submit” button to officially register your application.
  • Ensure Accuracy of Information: It is vital to provide correct and valid information throughout the application form. Any incorrect or misleading information may lead to the rejection of your application.
  • Verification of Data: After submitting the application form, the management of the Punjab Rozgar Scheme will carefully review and verify the provided data. This step is taken to ensure that the information provided is accurate and authentic.
  • Be Mindful while Filling the Form: Exercise caution and pay attention while filling out the form. Double-check all the entered information to minimize errors and increase the chances of a successful application.

By following these simple instructions, you can easily navigate the online application process for the Punjab Rozgar Scheme 2024. Remember to provide accurate and complete information to enhance the likelihood of a successful application.

Important Instructions for Applying

Punjab Rozgar Scheme Online Apply – To apply for the Punjab Rozgar Scheme, follow these steps:

  • Photo: Take a clear photo of yourself where your face can be seen clearly.
  • ID Card Photos: Provide scanned copies of the front and back of your ID card.
  • Educational Certificates: Submit copies of your educational certificates, such as your matric certificate, intermediate certificate, bachelor’s certificate, master’s degree, or Ph.D.
  • Business Experience: If you are applying for a business opportunity, share details about your relevant experience in that field.
  • Security Documents: Gather and keep any required security documents as per the given instructions.
  • Registered Mobile Number: Make sure you have a registered mobile number so the bank can contact you regarding your application.
  • Multiple Forms: You can fill out and submit more than one application form if needed.
  • Supporting Information: It is highly recommended to provide as much information as possible to help evaluate your application. This may include business documents, your daughter’s bank statements from the last six months, or any other relevant documents.
  • Application Registration Number (ARN): After submitting the form, you will receive an application registration number (ARN) displayed on the screen, and also through an SMS. Keep this number safe for future reference.
  • Visit Bank of Punjab: Go to a nearby branch of the Bank of Punjab or POB (Punjab Originating Branch) with your application registration number (ARN). You will need to deposit Rs. 2000 at the bank to process your application.
  • New Applications: You can submit a new application only if your previous application was rejected or if you have fully repaid a previous loan obtained through the Punjab Rozgar Scheme.
  • Punjab Rozgar Scheme

Punjab Rozgar Scheme 2024 Application Form

The Punjab Rozgar Scheme for 2024 has made a big change in how people apply for it. Instead of using paper forms, everyone now has to apply online. This new way of applying is faster and easier.

But some people might not know how to apply online. That’s why the government has given them step-by-step instructions to follow. These instructions explain everything they need to do to apply correctly.

The online platform for the Punjab Rozgar Scheme is made to be easy for people to use. They can enter their information and upload the documents they need online. This saves them from filling out paper forms and going somewhere to submit them. It’s more convenient and saves time and effort.

The online system also has benefits. It checks and verifies the information people give, making sure it’s correct. This helps make the process faster because the authorities can review digital applications quickly.

To help people with applying online, the government has made detailed instructions. These instructions explain each step, like making an account and sending the documents. The instructions are easy to understand and might have pictures or videos to help people.

The government wants more people to use the online platform because it makes the Punjab Rozgar Scheme better. It’s more transparent, efficient, and accessible. This change to online applications is part of a bigger trend of using technology for government services.

In conclusion, the Punjab Rozgar Scheme for 2024 now needs everyone to apply online. The government has made step-by-step instructions for people who don’t know how to do it. This change makes the scheme better and the instructions help people use the online platform.

Punjab Rozgar Scheme Contact Numbers

Address: The address for the Ground Floor of Alfalah Building, located on The Mall in Lahore, Pakistan.

Contact: You can reach us at 042-99200439.

Email: For any inquiries or information, please email us at


 Please note that all the information provided in this post is obtained from official sources and other reliable resources. It is advised not to share your ID card number or mobile phone number here. Thank you for your understanding. We are solely focused on sharing information on


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