Punjab-Rozgar-Scheme-Online-Apply-Eligibility-Status-&-Last-Date

Punjab Rozgar Scheme 2024: Eligibility, Status, & Last Date

The Punjab Rozgar Scheme is an initiative by the Punjab government to provide employment opportunities and financial assistance to the province’s youth.

The Rozgar scheme offers loans ranging from Rs. 100,000 to Rs. 10 million at subsidized markup rates of 4% and 5% per annum. The loan tenure is 2 to 5 years, including a 6-month grace period.

Target Groups:


The scheme focuses on supporting:

  • University/college graduates with entrepreneurial skills
  • Diploma/certificate holders from technical/vocational training institutes
  • Artisans and skilled workers
  • Existing businesses affected by COVID-19.

Read More:

Punjab Rozgar Scheme Online Apply (Eligibility, Application Process)

Punjab-Rozgar-Scheme-Eligibility-Status-&-Last-Date
Punjab-Rozgar-Scheme-Eligibility-Status-&-Last-Date

Eligibility Criteria

To be eligible for the Punjab Rozgar Scheme, applicants must meet the following criteria:

  • Age Limit
    20 to 50 years old
  • Education Requirements
    University/college graduates with entrepreneurial skills
    Diploma/certificate holders from technical/vocational training institutes (TVET)
  • Residency Requirements
    Citizen of Pakistan
    Permanent Resident of Punjab verified through CNIC
  • Income Criteria
    No specific income criteria mentioned; however, applicants must have a viable business plan and meet the debt-to-equity ratio requirements

Other Eligibility Conditions

  • Business Location: Punjab
  • Business type: Sole proprietorship, partnership, or any business fulfilling other eligibility criteria
  • Clean e-CIB/Credit History
  • Valid CNIC
  • Viable business plan (for startups/new businesses)
  • Viable business plan with a focus on sustaining the impact of COVID-19 (for existing businesses)
  • Preference given to existing businesses affected by COVID-19
  • Preference is given to micro-enterprises adopting environment-friendly technologies under the Punjab Green Development Program

Note: Additional eligibility conditions may be set by Punjab Small Industries Corporation (PSIC) or the Government of Punjab.

Types of Loans and Schemes

The Punjab Rozgar Scheme offers various loan options and schemes for different business needs:

Loan Limits


The scheme offers loans ranging from:

  • Rs. 100,000 to Rs. 1,000,000 (clean lending)
  • Rs. 1,000,001 to Rs. 10,000,000 (secured lending)

Interest Rates

Subsidized markup rates:

  • 4% per annum for clean lending
  • 5% per annum for secured lending

Types of Loans

Loans are available for:

  • Business expansion
  • Startups
  • Agriculture
  • Livestock
  • Manufacturing
  • Services
  • Trading

Sub-Schemes

The Punjab Rozgar Scheme includes:

  • Punjab Green Development Program: Financial support for micro-enterprises adopting environment-friendly technologies.
  • Other schemes may be introduced by the Government of Punjab or Punjab Small Industries Corporation (PSIC).

Additional Loan Features

  • Loan tenure: 2 to 5 years
  • Grace period: Up to 6 months
  • Debt-to-equity ratio:
  • 80:20 for males
  • 90:10 for women, transgender, and differently-abled individuals

Note: Interest-free loans are not explicitly mentioned under the Punjab Rozgar Scheme. However, subsidized markup rates are offered to reduce the financial burden on borrowers.

Application Process

To apply for the Punjab Rozgar Scheme, follow these steps:

Online Application Process

  1. Visit the official website: rozgar.psic.punjab.gov.pk
  2. Click on “Apply Online”
  3. Fill out the application form
  4. Upload required documents
  5. Submit the application

Required Documents

  • National Identity Card (CNIC)
  • Latest educational degree/certificate (e.g., Matric, Intermediate, Bachelor’s, Master’s)
  • Experience certificates (if applicable)
  • Business plan/feasibility report
  • License/registration with Chamber or Trade Body (if applicable)
  • Security documents (e.g., property valuation, guarantor’s net worth statement)
  • Other relevant documents (e.g., financial statements, bank statements)

Application Deadlines

No specific deadlines are mentioned; applications are accepted on a rolling basis.

Helpline Number and Contact Information

  • Helpline Number: [Not specified; however, you can contact The Bank of Punjab (BOP) branches for assistance]
  • Website: rozgar.psic.punjab.gov.pk
  • The Bank of Punjab (BOP) Branches: Find your nearest branch at www.bop.com.pk/Branch-Network

Additional Instructions

  • Application processing fee: Rs. 2,000 (non-refundable)
  • Incomplete applications will not be entertained
  • Applicants can track their application status on the official website

Benefits and Features

The Punjab Rozgar Scheme offers numerous benefits and features to support entrepreneurs and businesses:

  • Job Creation and Employment Opportunities: Creates new job opportunities for the youth of Punjab
  • Financial Assistance: Provides access to subsidized credit facilities for startups and existing businesses
  • Subsidized Interest Rates: Offers markup rates as low as 4% and 5% per annum
  • Mentorship and Training Programs: Access to training and mentorship programs to enhance entrepreneurial skills
  • Other Benefits:
    • Simplified application process
    • Quick loan disbursement
    • Flexibility in loan repayment

Loan Repayment and Terms

  • Repayment Tenure: 2 to 5 years, including a 6-month grace period
  • Interest Rates and Calculation:
    • 4% per annum for clean lending
    • 5% per annum for secured lending
    • Interest calculated on monthly reducing balance
  • Penalty for Late Repayment:
    • Rs. 1 per 1000 per day on principal amount
    • Calculated from monthly installment due date till actual payment date
  • Loan Forgiveness or Waiver Conditions:
    • Not explicitly mentioned; however, the scheme may offer relaxation in repayment terms or waiver of penalty in exceptional circumstances, subject to PSIC/Government of Punjab’s discretion

Additional Features

  • Debt-to-Equity Ratio:
    • 80:20 for males
    • 90:10 for women, transgender, and differently-abled individuals
  • Loan Disbursement: In installments, as per approved business plan
  • Security Requirements: Varying security requirements, including personal guarantees, third-party guarantees, and mortgage of assets

Please note that loan repayment terms and conditions may be subject to change.

Status Check And Tracking

To ensure transparency and efficiency, the Punjab Rozgar Scheme offers:

  • Online Status Check: Track application status on the official website: rozgar.psic.punjab.gov.pk
  • Application Tracking: Receive SMS updates on application progress

In addition to the Punjab Rozgar Scheme, the Government of Punjab and other organizations offer:

  • e-Rozgar Program: Online training and employment opportunities
  • PM Loan Scheme: Prime Minister’s Youth Business Loan Scheme
  • Apna Ghar Scheme: Affordable housing finance scheme
  • Startup Punjab Scheme: Support for startups and entrepreneurship
  • Other Relevant Schemes:
    • Punjab Small Industries Corporation (PSIC) schemes
    • Small and Medium Enterprise Development Authority (SMEDA) programs
    • Pakistan Industrial Development Corporation (PIDC) initiatives

The Punjab Rozgar Scheme offers a comprehensive package of financial assistance, mentorship, and training to empower entrepreneurs and businesses in Punjab.

Take the first step towards entrepreneurial success with the Punjab Rozgar Scheme. Apply now and unlock your business potential!

Frequently Asked Questions (FAQs) – Punjab Rozgar Scheme

What is the Punjab Rozgar Scheme?

The Punjab Rozgar Scheme is a flagship initiative of the Government of Punjab to provide subsidized credit facilities to micro, small, and medium enterprises (MSMEs), startups, and existing businesses.

What is the objective of the Punjab Rozgar Scheme?

The primary objective is to create employment opportunities, promote entrepreneurship, and support businesses affected by COVID-19.

Who is eligible for the Punjab Rozgar Scheme?

Citizens of Pakistan, residents of Punjab, aged 20-50, with a viable business plan, and meeting debt-to-equity ratio requirements.

What is the loan amount and tenure?

Loan amount: Rs. 100,000 to Rs. 10 million; Tenure: 2-5 years, including a 6-month grace period.

What are the interest rates?

4% per annum for clean lending; and 5% per annum for secured lending.

What is the penalty for late repayment?

Rs. 1 per 1000 per day on principal amount.

Can I avail of other government schemes simultaneously?

Yes, but ensure eligibility criteria are met for each scheme.

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