Incentive Schemes for SMEs & Other Sectors
  Prime Minister's Kamyab Jawan Youth Entrepreneurship Scheme

Financing under PMKJ-YES is available for all citizen of Pakistan holding CNIC, aged between 21 and 45 years with entrepreneurial potential. For IT/E-Commerce related businesses, the lower age limit will be 18 years.

Above age limit condition is applicable on individual and sole proprietors. In case of all other forms of business including partnership and companies, only one of the owners, partners or directors must be in the age bracket prescribed above.
Financing is available for long term loan /working capital loan including Murabaha and leasing /financing of locally manufactured vehicles for commercial use. Only one vehicle per borrower is allowed.
Under PMKJ-YES, financing is segregated into three tiers. Under tier-1, loan limit is from Rs 100,000 upto Rs 1 million Under tier-2, loan limit is from above Rs 1 million and upto Rs 10 million and Under tier-3, loan limit is from above Rs 10 million and upto Rs 25 million.
For tier-1 loans, mark up rate is 3 percent, for tier-2 loans mark up rate is 4 percent and for tier-3, mark up rate is 5 percent.
Maximum loan tenor is upto 8 years including grace period of upto one year.
For new businesses, Debt-Equity ratio for tier-1 loans is 90:10 and for tier-2 and tier-3 loans is 80:20. For existing businesses, Debt-Equity ratio is Nil for all tiers. The borrower’s contribution of equity would be in the form of cash or immovable property and will be required after approval of the loan.
Tier-1 loans will be clean, however, only personal guarantee of the borrower is required. For tier-2 and tier-3 loans, security requirements is as per executing banks’ own credit policy. Vehicle financed under T1, T2 and T3 to serve as collateral.
Under the scheme, loan can be availed from commercial banks working as Executing Agencies (EAs). For the list of EAs, please click here.
For Frequently Asked Questions (FAQs), please click here.
For detailed features of the scheme, please click the following circulars issued from time to time:
IH&SMEFD Circular Letter No. 27 of 2020 dated October 01, 2020
IH&SMEFD Circular Letter No. 21 of 2020 dated July 10, 2020
IH&SMEFD Circular No. 08 of 2019 dated July 11, 2019
    SBP Policy Rate
    22.00% p.a.
    SBP Overnight
    Repo (Ceiling) Rate
    23.00% p.a
    SBP Overnight
    Repo (Floor) Rate
    21.00% p.a.
    Weighted-average Overnight Repo Rate
    As on 23-May-24
    22.08% p.a.
    As on 24-May-24
    Tenor BID OFFER
    3-M 21.12 21.37
    6-M 21.02


    12-M 20.03 20.53

  • MTBs
    Tenor Rates
    3-M 21.5973%
    6-M 21.2899%
    12-M 20.4052%
    (as on May 15, 2024)
    Fixed-rate PIB
    Tenor Cut-off Rates
    3-Y 16.6450%
    5-Y 15.4500%
    10-Y 14.2999%
    15-Y No Bid
    20-Y No Bid
    30-Y No Bid
    (as on May 22, 2024)

    Floating-Rate PIBs (Quarterly Coupon)

    Tenor Cut-off Price
    2-Y Bids Rejected
    3-Y No Bids Received

    Floating-Rate PIBs
    (Half-yearly Coupon)

    Tenor Cut-off Price
    5-Y 96.1823
    10-Y 94.2124
    (as on May 15, 2024)
    Tenor Cut-off Rental Rate/Price
    3-Y 100.2842
    5-Y 100.0022
    Tenor Cut-off Margin/Price
    3-Y 99.0800
    5-Y 98.7600
    (as on 21-Dec-2023)
  • PIB Auction
    (Fixed Rate)


    Floating Rate PIB
    (Semi-Annual Coupon)

    Floating-rate PIB
    (Quarterly Coupon)

    As on 17-May-24
    SBP’s Reserves
    Bank’s Reserves
    Total Reserves

    As on 24-May-24
    Revaluation Rate
    Average Rate
    Bid: 278.064


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