How to apply for Punjab Rozgar Scheme
Last updated on: 01 October,2020 03:11 pm
Individuals between the age of 20 to 50 can apply for the loans
LAHORE (Web Desk) - Chief Minister of Punjab Sardar Usman Buzdar Thursday inaugurated Rs30 billion worth Punjab Rozgar Scheme to provide loans for starting small scale business in the province.
Under the scheme soft loan up to 10 million rupees will be provided for rehabilitation of corona affected businesses or to start new ventures.
Individuals between the age of 20 to 50 can apply for the loans by submitting application fee of Rs2000 (non-refundable).
How to apply for Punjab Rozgar Scheme
To apply, individuals can sign up at https://rozgar.psic.punjab.gov.pk/rozgar/register with their CNIC number.
After signing up verify your number
Complete signup process and login again at https://rozgar.psic.punjab.gov.pk/
Fill the form and submit
Eligibility Criteria
The following eligibility criteria will be adhered to process the loans under Punjab Rozgar Scheme:
Age: 20 to 50 years
Gender: Male / Female / Transgender
Resident: Citizen of Pakistan, Resident in Punjab, verified through CNIC
Business Location: Punjab
Business Type: Sole Proprietor, Partnership, or any business fulfilling other eligibility criteria
Must have a clean e-CIB / Credit History
For startups / new businesses Having a viable business plan
For existing businesses Having a viable business plan with a focus to sustain the impact of COVID-19
Having Valid CNIC
Any other parameter to be set by Punjab Small Industries Corporation (PSIC) / Government
Target Group of the scheme
University/College Graduates with entrepreneurial skill
Diploma/Certificate holder from TVET having technical/vocational training.
Artisans and skilled workers
Existing Businesses (However, preference will be given to existing businesses in wake of the current COVID-19 pandemic)
Micro and other enterprises that apply for a loan to adopt resource-efficient and cleaner production technologies or any Green / Environment-friendly intervention to improve the environmental performance of their operations.