Punjab Govt to start business loan scheme for youth

Punjab government is going to start a business loan scheme for youth programme and a youth can obtain loan up to rupees three million under this scheme.

This was stated by the Spokesman of Punjab government in an interview with Radio Pakistan Sargodha representative today.

The Spokesman told that a male candidate would invest thirty percent of the total amount required for initiating business whereas the rest of the seventy percent would be provided by the Punjab government.

The Spokesman told that a female aspirant would invest twenty percent of the total amount whereas the rest of the eighty percent would be provided by the Punjab government.

The Spokesman told that they would be exempted from paying any installments till twelve months and the loanee would have to return borrowed amount in five years.