1. Please refer to IH&SMEFD Circular No. 08 of 2019 and IH&SMEFD Circular No. 21 of 2020 regarding captioned scheme.

2. Federal Cabinet has approved following revisions in the key features of Prime Minister’s Kamyab Jawan Youth Entrepreneurship Scheme.

S. No	Particulars	Kamyab Jawan Program
1	Eligibility Criteria	I All citizen of Pakistan holding CNIC, aged between 21 and 45 years with entrepreneurial potential are eligible. For IT/E-Commerce related businesses, the lower age limit will be 18 years.     II 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
2	Loan type	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.
3	Security Requirements	Security arrangement will be as under: T1 loans: Clean, however, only personal guarantee of the borrower T2 and T3 loans: As per bank’s own credit policy Vehicle financed under T1, T2 and T3 to serve as collateral.

3. Other instructions shall remain unchanged.