Kamyab Jawan

Evaluation Services for Banks
Kamyab Jawan Loans for Entrepreneurs

Evaluation Services

PSDF offers loan evaluation services for banks under Kamyab Jawan scheme.

For more information, call our Business Development team at 042-111-11-PSDF

How to apply for Kamyab Jawan Loan?

In order to prepare for the Kamyab Jawan loan, PSDF and HBL have designed an Entrepreneurship course to help you understand the requirements for starting a business of your own. This course will cover all the basics you need to know about laying down the groundwork and executing your business idea. From planning to launching to managing your business, this course will assist you throughout and equip you with all the skills and knowledge necessary to not only start your own business venture but also sustain and expand its operations.

How can you access the Kamyab Jawan Loan through PSDF?

Step 1:

Register yourself for the Entrepreneurship course and pay the course fee of Rs.499/-

Step 2:

Upon successful registration of the course, complete the course within 7 days.

Step 3:

Apply for the Loan under the Kamyab Jawan Scheme.

Step 4:

Upon successful completion of the Entrepreneurship course and Kamyab Jawan Application submission, PSDF will evaluate the results and share the applications with HBL.

Step 5:

HBL will reiterate loan and initiate account opening for the successful applicants.

Applying for the Kamyab Jawan Loan (Detailed Steps):
Step 1: Kamyab Jawan Application Submission

After completion of the Entrepreneurship course, the next step is to apply for the loan under Tier 1 in Kamyab Jawan. The trainee is expected to know about the following important details of their business before submitting their application. It is very important that revenue, direct and indirect cost fields are filled on a monthly basis and not on an annual basis.

  1. Project cost (sum of setup cost 4~6 months of monthly direct and indirect cost).
  2. Loan amount required.
  3. Initial setup cost (total cost required to set up the business including inventory).
  4. Monthly revenue.
  5. Monthly direct cost (which primarily includes cost of sales – cost of sale is the actual cost of inventory that is sold.)
  6. Monthly indirect cost (indirect costs are those expenses that are incurred to operate a business as a whole or a segment of a business, and so cannot be directly associated with a cost object, such as a product, service, or customer)
  7. Loan tenure.
  8. Equity ratio (minimum 10%)
Link for Kamyab Jawan Application Submission:

https://kamyabjawan.gov.pk/BankForm/newApplicantForm

Note:
  1. Trainee who is applying for the new business can avail the loan of 100K to 500K, whereas trainee who intends to expand their already existing business may avail loan up to Rs 1 Million.
  2. The portal does not facilitate the saving feature so the application must be submitted in one go.
  3. The trainee is expected to bring the CNIC & Education Certificate(s).
  4. Trainee must have the information of two references.
  5. Application will only be submitted once all 9 steps are completed.

Step 2: Account Opening at HBL

Upon submission of application, PSDF will filter trainees who have completed the Entrepreneurship Course and evaluate their applications. Trainees with sound financials will be approached by PSDF evaluator through a telephonic assessment. PSDF will then send its final recommendations to HBL. HBL will inform the applicant whose application has been approved as per its standards and will then ask the trainee to open up the bank account.

Step 3: Deposit Equity

It is very important that the trainee must open their bank account in the nearest HBL branch without any delay.

The last step is to deposit the equity in the account which will be opened in HBL. It is the requirement of the Kamyab Jawan Program that the applicant must at least contribute 10% of the loan amount in the form of Equity in its own Account

It is very important that the trainee deposits equity without any delay.

Step 4: Loan Disbursement

Upon deposit of Equity, the loan will be disbursed into the bank account of trainees.

Important Information:
  1. The applications for Kamyab Jawan are only submitted online through the above given link.
  2. HBL must be selected as the preferred bank in the first step of the application.
  3. Trainee must have sound knowledge of business which will be evaluated through telephonic assessment.
  4. Trainee must be between the ages 21 and 45. 
  5. Trainee must be willing to contribute and deposit the Equity of at least 10% in its own Bank Account.

Current Clientele

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hbl

Frequently Asked Questions.

  • All men/women/transgenders holding CNIC, aged between 21 and 45 years with entrepreneurial potential are eligible. For IT/ E-Commerce related businesses, the minimum age limit will be 18 years at least.
  • 2. Small and medium enterprises in any sector (startups and existing businesses) as per definition of SBP and owned by youth (given the age bracket assigned) are also eligible.

Is this scheme only for startups?

Small and medium enterprises in any sector (startups and existing businesses) as per definition of SBP and owned by youth (given the age bracket assigned) are also eligible.

Can loan be applied physically in branches?

Small and medium enterprises in any sector (startups and existing businesses) as per definition of SBP and owned by youth (given the age bracket assigned) are also eligible.

Which banks are participating in this scheme?

Small and medium enterprises in any sector (startups and existing businesses) as per definition of SBP and owned by youth (given the age bracket assigned) are also eligible.

What if a person's age is within maximum age limit at the time of application submission but exceeds this limit by the time loan is approved and/or disbursed?

Small and medium enterprises in any sector (startups and existing businesses) as per definition of SBP and owned by youth (given the age bracket assigned) are also eligible.

What is the minimum educational requirement for an applicant?

Small and medium enterprises in any sector (startups and existing businesses) as per definition of SBP and owned by youth (given the age bracket assigned) are also eligible.

Does any gender have any priority?

Small and medium enterprises in any sector (startups and existing businesses) as per definition of SBP and owned by youth (given the age bracket assigned) are also eligible.

Can an existing businessman also benefit from this scheme?

Small and medium enterprises in any sector (startups and existing businesses) as per definition of SBP and owned by youth (given the age bracket assigned) are also eligible.