The Punjab Rozgar Scheme 2022 was recently launched by the government of Punjab in order to provide financial assistance to the state’s citizens in the form of loans. Candidates who demonstrate that they are qualified will be offered loans ranging from 100,000 to 10,000,000 rupees as part of the Punjab Rozgar Scheme. Therefore, the government will provide individuals who wish to launch their own firms or startups with a total of 30 billion dollars in the form of loans. Punjab Rozgar Scheme 2022 Registration Apply Now.
The Rozgar program was developed by the government of Punjab with the intention of providing young people with work possibilities. Therefore, individuals who already have enterprises as well as university graduates who wish to launch startups are eligible for financing. The whole information pertaining to the Punjab Rozgar system may be seen here.
Punjab Rozgar Scheme Target Group
The target group who can get the loans through the Punjab Rozgar scheme and benefit the country’s economy are the following.
- University/College graduate with Entrepreneurial skills
- Technical or Vocational training diplomas/certificate holders from TEVTA
- Existing businesses
- Artisans & Skilled Workers
- Micro and other Enterprises
Eligibility Criteria for the Punjab Rozgar Scheme 2022
The target groups (mentioned above) must fulfill the following eligibility criteria for the Punjab Rozgar Scheme.
- Age: 20-50 years
- Gender: male/female/transgender
- Nationality and domicile: Pakistani and Punjab
- Business Location: Punjab
- Business type: Solo, Partnership, or other businesses meeting the criteria
- Must have clean e-CIB/Credit History
- Viable business plans for startups or new businesses and existing businesses
- Valid CNIC
- Follow other parameters set by PSIC or the government
Fields for the Punjab Rozgar Scheme 2022
The Punjab government announced to provide more than Rs 1 Billion in loans through the Punjab Rozgar Scheme for the following businesses.
- Manufacturing
- Trading
- Services
- Livestock
- Agriculture
How to Apply for the Punjab Rozgar Loan Scheme 2022
- Visit the PSIC website to apply for the loan through Punjab Rozgar Scheme 2022.
- Sign in to the portal by entering your CNIC and password and fill out the form according to the instructions.
- Read the instructions and eligibility criteria carefully.
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