The Government of Pakistan, in collaboration with the State Bank of Pakistan (SBP), has launched the Prime Minister’s Youth Business & Agriculture Loan Scheme (PMYB & ALS). This initiative is designed to empower rural youth aged 21–45 years, helping them access affordable financing for agriculture and business growth. This will promote entrepreneurship among youth by providing business loans on simple terms and with less markup through 15 Commercial, Islamic and SME banks.
🚜 Easy Financing for ATS & YTO Tractors
Under this scheme, farmers can now own an ATS or imported YTO Tractor with:
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✅ Easy installment plans up to 7 years
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✅ Subsidized mark-up as low as 7%
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✅ Modern and reliable machinery for agriculture success
This makes it easier than ever for farmers to upgrade their equipment and increase productivity.
📊 Key Features of PMYB & ALS
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💡 Designed for rural youth (21–45 years old)
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💡 Supports working capital & term loans
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💡 Government-subsidized mark-up rates
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💡 Backed by the State Bank of Pakistan