SBP has issued a circular explaining the eligibility criteria of Kamyab Jawan Program Youth Business Loan scheme. Loan is divided into 2 tiers. Tier 1 is from 100000 to 500000 with personal guarantee at 6% Mark up rate at annual basis. Tier 2 is from 500000 lac to 50,00,0000 with bank existing credit policy at 8%. Loan approval time is 15 days.
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