Circulars/Notifications / Infrastructure, Housing & SME Finance Department  

 IH&SMEFD Circular Letter No. 01 of 2014
February 03, 2014

The Presidents/Chief Executive Officers,
All Banks,

Dear Sirs/Madam,

Prime Minister’s Youth Business Loans


Please refer to IH&SMEFD Circular No. 10 of 2013 dated November 18, 2013 and IH&SMEFD Circular Letters No. 08 and 09 of 2013 dated November 26, 2013 and November 29, 2013, respectively on the captioned subject.

In this regard, banks are advised to note that the Federal Government has approved 5% quota for three categories i.e. Shaheed (widow and children of Shaheed), Widows and Special Persons (cumulative quota for three categories combined) on the basis of number of approved loans by the banks under the PM’s Youth Business Loan Scheme.

Other instructions on the subject shall remain unchanged.



Yours faithfully,


(Syed Samar Hasnain)
Director


       
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