This is the first time the government of Punjab has offered a loan without charging interest. So, Punjabi nationals can submit their applications for the Punjab Rozgar Scheme 2024 right now. Without a doubt, the Punjab Rozgar plan is a wonderful and helpful action on the part of the Punjab government, benefiting not only highly educated students and new company starters but also business individuals whose firms have been impacted by the coronavirus.
Beneficial effects are guaranteed. In reality, on the PM’s orders, the CM of Punjab has launched a unique program to empower young people. The Punjab Rozgar Scheme 2024 is, however, restricted to citizens of Punjab. Yet Prime Minister Imran Khan is keen on advancing a pro-business, individualist agenda in Pakistan.
The last day to submit an application is March 31, 2024.
Punjab Rozgar Scheme 2024 Online Apply
The Punjab Small Industries Corporation (PSIC) is a statutory body corporate established under the PSIC Act. 1973 and operating under the administrative control of the Industries, Commerce, Investment & Skills Development Department (ICI&SDD), Government of Punjab. PSIC’s mission is to promote small-scale and cottage industries within the province by means of the provision of credit, the issuance of credit guarantees to the scheduled banks, the provision of access to develop infrastructure, business advisory services, marketing coordination, and other similar activities. See www.psic.gop.pk for further information.
Eligibility Criteria for Punjab Rozgar Scheme
- Entrepreneurially-minded college and university grads
- A graduate of a technical or vocational program, as shown by the possession of a diploma or certificate from such a program.
- craftspeople and experts
- Established companies (however, following the current COVID-19 pandemic, existing businesses will be preferred)
- Loans are sought by microenterprises and other firms so that they may adopt resource-efficient and cleaner manufacturing technology or other environmentally friendly initiatives to enhance their environmental performance.
- 20- to 50-year-old males and females of all gender identities, as well as transgender persons and those with impairments.
Punjab Rozgar Scheme 2024 Online Apply Last Date
Benefits Punjab Rozgar Program BOP 2024
- Price increase cap
- The Small Industries Development Corporation of Punjab and other businesses in the province helped to launch and coordinate this initiative.
- Loan amounts ranging from PKR 100,000 to PKR 10,000,000 will be made available.
- Length: 2-5 Years
How to Apply for Punjab Rozgar Program
You may get an application at any branch of the Bank of the People, or you can download one using the URL provided in this article. Next month, the Chief Minister of Punjab will launch the Apna Rozgar Scheme 2024. The administration of the Punjab province of Pakistan announced this program two days ago, specifically for Pakistani youngsters. The goal of the program is to reduce unemployment in Punjab by awarding vehicles to qualified applicants.
Also Check:E Rozgar Registration 2024 Apply Last Date
Frequently Asked Questions
What is the interest rate of the Punjab Rozgar scheme?
Clean credit might get you a 4% interest rate discount. Safe loan rates start at 5%.
Is there no interest charged for the Punjab Rozgar program?
In 2024, the Punjabi government will implement the Apna Rozgar Programme. For the first time ever though, the government of Punjab will be offering a loan with zero percent interest.
How can I check my application status in the Punjab Rozgar scheme?
In addition to receiving an SMS notification when your application advances to the next round, you may also check its progress at this URL (https://rozgar.psic.punjab.gov.pk).