PM Youth Loan Calculator
Prime Minister Youth Business and Agriculture Loan — check which tier you qualify for and your monthly installment. Results appear instantly.
Eligibility (official rules)
- Pakistani citizen, age 21 to 45 years (18 for IT/e-commerce).
- Valid CNIC and a viable business plan or proposal.
- Apply for new businesses or expansion of an existing one.
- One loan per person at a time; applies through the official pmybals portal or a participating bank.
How to use
- Enter the loan amount you need in rupees.
- Choose the repayment period (1 to 8 years).
- Your tier, monthly installment, total markup and eligibility note appear instantly.
Note: Installment is calculated on an amortized (reducing-balance) basis at the tier markup rate: Tier 1 up to Rs 500,000 at 0%, Tier 2 Rs 500,001 to 1,500,000 at 5%, Tier 3 Rs 1,500,001 to 7,500,000 at 7%. The final bank may use slightly different amortization; the actual loan is approved by the bank after document verification. Scheme rules can change — check the official PMYB&ALS portal for the latest terms.
Frequently Asked Questions (FAQ)
What does the PM Youth Loan Calculator do?
It checks which tier of the Prime Minister Youth Business and Agriculture Loan you qualify for and shows your monthly installment and total markup.
What are the loan tiers?
Tier 1 covers up to Rs 500,000 at 0%, Tier 2 covers Rs 500,001 to 1,500,000 at 5%, and Tier 3 covers Rs 1,500,001 to 7,500,000 at 7%. The installment is calculated on an amortized, reducing-balance basis.
How do I use it?
Enter the loan amount you need in rupees and choose the repayment period from 1 to 8 years. Your tier, monthly installment, total markup and an eligibility note appear instantly.
Is this the official loan approval?
No. The actual loan is approved by the bank after document verification, and scheme rules can change. Check the official PMYB and ALS portal for the latest terms.
Is it free?
Yes, it is free with no signup.