Government announced schemes by State Bank of Pakistan: Kamyab Jawan

Finance Type:

  • Long Term finance (upto 8 years)
  • Short Term finance (1 year)
  • Leasing / financing of locally manufactured vehicles for commercial use. Only one vehicle per borrower is allowed

    • Sector and Products:

  • All sectors and products including agriculture
  • 25 % percent of the finance will be given to female borrowers

    • Eligibility Criteria:

  • SMEs (Only one of the Owners, Partners or Directors must be in the age bracket 21 and 45)
  • All citizens of Pakistan holding CNIC aged between 21 and 45 years with entrepreneurial potential
  • Minimum age limit for IT / E-Commerce businesses 18 years


    • Security Arrangement:

  • Tier 1 Finance: Clean, however personal guarantee of the borrower
  • Tier 2 & 3 Finance: As per Bank’s own credit policy
  • Vehicle financed under T1, T2 & T3 to serve as collateral


    • Finance Sanctioning Criteria:

  • NADRA Verification of Credentials
  • Telephonic verification by bank of applicant
  • Verification of applicant’s credit history through SBP
  • Physical verification of applicant. For new business applicant the proposed site of business along with residence will be verified and for existing business, there business location will be verified.
  • Analysis of business feasibility provided by applicant
  • Credit decision by bank based on risk analysis
  • If approved, then applicant must provide timely security/collateral as well as required equity contribution

    • Basic required Documents:

  • Passport Size Picture
  • CNIC - Front Side
  • CNIC - Back Side
  • Latest Educational degree / certificate, if and whichever applicable: Matric, Intermediate, Bachelors, Masters, PHD etc.
  • Experience certificate(s), if applicable
  • License / Registration with Chamber or Trade Body, if applicable
  • Recommendation Letter from respective chamber / trade body or Union, this is mandatory in case of existing business.
  • National Tax Number
  • Consumer ID of Electricity bill of your current address
  • Consumer ID of Electricity bill of your current office address, if applicable
  • Complete Registration number of any vehicle registered in your name, if applicable
  • Name, CNIC and Mobile numbers of Two References other than Blood relatives
  • An estimate of Monthly business income, business expenses, household expenses and other income should be available with you in case of new business
  • In case of existing business please provide actual Monthly business income, business expenses, household expenses and other income.

    • Pricing

    Product Customer pricing
    Tier 1 3 %
    Tier 2 4 %
    Tier 3 5 %

    Pricing is subject to change as per State Bank of Pakistan

    Security Requirements:

  • As per banks’ credit policy and prudential regulations for housing finance, the housing unit financed will be mortgaged in favor of financing bank.

    • Pricing

    Finance Tiers Customer pricing
    Tier 0 5% for first 5 years & 7% for next 5 years
    Tier 1 3% for first 5 years & 5% for next 5 years
    Tier 2 5% for first 5 years & 7% for next 5 years
    Tier 3 7% for first 5 years & 9% for next 5 years

    Pricing for period exceeding 10 years; 1-year KIBOR plus 3% p.a.

    Finance Type and Sector

    Finance Type:

  • Long Term Finance (upto 8 years)
  • Short Term Finance (1 year)
  • Leasing / financing of locally manufactured vehicles for commercial use. Only one vehicle per borrower is allowed

    • Sector and Products:

  • All sectors and products including agriculture
  • 25 % percent of the Finance will be given to female borrowers
    • Eligibility Criteria

    Eligibility Criteria:

  • SMEs (Only one of the Owners, Partners or Directors must be in the age bracket 21 and 45)
  • All citizens of Pakistan holding CNIC aged between 21 and 45 years with entrepreneurial potential
  • Minimum age limit for IT / E-Commerce businesses 18 years

    • Security Arrangement

    Security Arrangement:

  • Tier 1 Finance: Clean, however personal guarantee of the borrower
  • Tier 2 & 3 Finance: As per Bank’s own credit policy
  • Vehicle financed under T1, T2 & T3 to serve as collateral
    • Finance Criteria

    Finance Sanctioning Criteria:

  • NADRA Verification of Credentials
  • Telephonic verification by bank of applicant
  • Verification of applicant’s credit history through SBP
  • Physical verification of applicant. For new business applicant the proposed site of business along with residence will be verified and for existing business, there business location will be verified.
  • Analysis of business feasibility provided by applicant
  • Credit decision by bank based on risk analysis
  • If approved, then applicant must provide timely security/collateral as well as required equity contribution
    • Required Documents

    Basic required Documents:

  • Passport Size Picture
  • CNIC - Front Side
  • CNIC - Back Side
  • Latest Educational degree / certificate, if and whichever applicable: Matric, Intermediate, Bachelors, Masters, PHD etc.
  • Experience certificate(s), if applicable
  • License / Registration with Chamber or Trade Body, if applicable
  • Recommendation Letter from respective chamber / trade body or Union, this is mandatory in case of existing business.
  • National Tax Number
  • Consumer ID of Electricity bill of your current address
  • Consumer ID of Electricity bill of your current office address, if applicable
  • Complete Registration number of any vehicle registered in your name, if applicable
  • Name, CNIC and Mobile numbers of Two References other than Blood relatives
  • An estimate of Monthly business income, business expenses, household expenses and other income should be available with you in case of new business
  • In case of existing business please provide actual Monthly business income, business expenses, household expenses and other income.
    • Pricing

    Pricing

    Finance Tiers Customer pricing
    Tier 0 5% for first 5 years & 7% for next 5 years
    Tier 1 3% for first 5 years & 5% for next 5 years
    Tier 2 5% for first 5 years & 7% for next 5 years
    Tier 3 7% for first 5 years & 9% for next 5 years

    Pricing for period exceeding 10 years; 1-year KIBOR plus 3% p.a.