Punjab Rozgar Scheme 2020 . With the cooperation of the Punjab Small Industries Corporation (PSIC) and the Bank of Punjab (BOP), the provincial government will formally launch its jobs initiative, the Punjab Rozgar Scheme.
Under the program, in addition to supporting small and medium-sized companies to recover from the coronavirus crisis, people will be given easy loans worth more than Rs30 billion for new and operating businesses.
Punjab Rozgar Scheme 2020
Punjab Chief Minister Ch Usman Buzdar will launch the Punjab Rozgar Scheme 2020 today under which loans up to Rs10 million will be given to increase employment in the province Punjab BY this New Loan Scheme.
Individuals between the age of 20 to 50 can apply for the loans by signing up through their CNICs on https://rozgar.psic.punjab.gov.pk/ for cm loan scheme named as punjab loan punjab rozgar scheme
The application fee of the programme is Rs2000 (non-refundable) and must be submitted once the application has been submitted.
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