Ehsaas Youth Program Registration Khyber Pakhtunkhwa Chief Minister Ali Amin Gandapur launches the Ehsaas Nojawan Program with a financial support program to fund the youth in their ventures. Loans are offered that are designed to help the youth put up small and big businesses, abolishing what restrains most such entrepreneurial possibilities. The scheme offers two forms of loan that satisfy different requirements of the business: Loans up to five lakh rupees will be provided to small businesses. Loans from 10 lakh to 50 lakh rupees will be made available for bigger ventures of business.
خیبر پختونخوا کے وزیر اعلیٰ علی امین گنڈا پور نے احساس نوجوان پروگرام کا آغاز کیا ہے، جس کا مقصد نوجوانوں کو اپنا کاروبار شروع کرنے کے لیے مالی مدد فراہم کرنا ہے۔ اس پروگرام کے ذریعے، نوجوانوں کو چھوٹے اور بڑے دونوں کاروبار قائم کرنے میں مدد کرنے کے لیے قرضے دستیاب ہیں مالی رکاوٹوں کو توڑتے ہوئے جو اکثر کاروباری مواقع کو محدود کرتی ہیں۔
The Ehsaas Nojawan program seeks to empower youth all over the province through the facilitation of overcoming monetary barriers that prevent young minds from turning their imagination into a successful enterprise. In this respect, the pro-gram targets supporting better job opportunities and economic progress within the province. Loans in this package will be disbursed through the Ikhwat Islami Microfinance Institute and the Bank of Khyber in order to create opportunities for reliable and accessible avenues of financing to the youth of Khyber Pakhtunkhwa.
Youth Ehsaas Program
Ehsaas Youth Program 2024: Entrepreneurship Program for youth’s self-confinement through entrepreneurship. The PTI government launched the Ehsaas Youth Program to empower the youth of Khyber Pakhtunkhwa. A holistic approach providing interest-free loans, available training, and on-the-job support to bring youth business ideas to reality. Find out what you need to do for Ehsaas Youth Program registration, eligibility criteria, and benefits available for securing your future.
As part of this overall strategy for poverty reduction, the Ehsaas Youth Program seeks to empower young ones to be able to raise their own income independently. The budgetary allocation for this program is three billion rupees for a three-year duration; it provides business loans without interest to avail opportunities for young business ventures. This funding channel can assist young youth from low-income families in opening their enterprises or expanding their businesses and pay back constructively within their communities.
Launched Ehsaas Youth Scheme online loan portal
The online loan portal, as proposed under the Ehsaas Youth Scheme, has further eased this application process. This convenience is conferred upon the applicant through easy registration and loan application directly at home. Making this process accessible through an internet portal removes the barriers that usually prevent youth from rural and remote areas to join the system. An easy and accessible system empowered even more young entrepreneurs to take their first step toward being financially independent.
Eligibility Criteria for Ehsaas Youth Program 2024
To qualify for the Ehsaas Youth Program, applicants need to meet the following criteria:
- Applicants should be in an age bracket of 18 to 35 years.
- Only Pakistani citizens are eligible.
- Applicants can be individuals or groups of 3 to 5 members; thus, joint ventures can also be submitted.
- Loans range from 10 lakh to 50 lakhs according to the business idea or monetary requirement.
- All loans in this scheme are interest-free. Hence, the applicant pays back only the principal of those loans over time
Step-by-Step Registration Process for the Ehsaas Youth Loan
- Go to the online portal accessible from any device that supports connection.
- Register by filling out a form providing your CNIC mobile number and other relevant information.
- Share your self-conceptualized business idea and details of your financial requirement. The more transparent you will be, the higher your likelihood of approval.
- Upload scanned copies of any documents that you believe are relevant to your purpose-your CNIC and proof of residence.
- Review all the details you input and you should submit your form. You will receive a confirmation message and you can track your application status through the portal
Last Words
All information about the EHSAS Youth Program is given here If you want to get your registration and also check eligibility, then the information is also given here. Those who want to get the complete information about the registration as well as eligibility criteria are suggested to read the article carefully, see the full instructions, and then they will be informed whether they are eligible or not.
If you are eligible, then you will assured of the loan; if you are not eligible, then you will be informed Follow this information and then the application to complete your registration process. For more information and details, see the article on the website.
FAQ’s
What is the age requirement of the Ehsaas Youth Program?
Applicants must be between 18 and 35 years old to apply.
Can I apply for an Ehsaas Youth Loan in a group?
Yes, you can apply for this loan in a group of 3 to 5 members, as the more people included in the application, the greater the chances of getting approval.
Is the loan disbursed under the Ehsaas Youth Program an interest-free loan?
Yes, all such loans are interest-free, and you pay back the amount borrowed.
How much can I receive for my business through Ehsaas Youth Loan?
The loan amount is disbursed according to your purpose of loan. It ranges from PKR 20,000 to PKR 500,000.
Packages will range from 10 lakh to 50 lakh rupees according to the kind of business and the scheme or plan applied for.
How can I apply online for the Ehsaas Youth Loan?
You can apply through the web portal by creating an account there along with other information filled up in the form.
Which documents are necessary for the registration process of Ehsaas Youth Loan?
CNIC and Residence Proof upload is necessary while submitting the application.