Ehsaas Youth Program Registration
Khyber Pakhtunkhwa Chief Minister Ali Amin Gandapur has launched the Ehsaas Nowjawan Program, which is designed to provide financial support to the young for starting their sustainable business ventures. Under the program, small as well as big business loans would be provided to the young, breaking the monetary barriers which act as an impediment to entrepreneurial activities. The programme has offered two categories of loans for the diversification of business needs: The small businesses will take loans between one lakh and five lakh rupees. Loans have been provided between 10 to 50 lakh rupees for the bigger business ventures.
This program will be targeted at empowering the youth of the province. The Ehsaas Nowjawan Program is meant to make it easier for young people to come out of financial obstacles and turn their ideas into successful businesses, hence creating better job opportunities and more economic growth for the province. Loans under this program are disbursed by the Ikhwat Islami Microfinance Institute and the Bank of Khyber.
Also Read: Online Registration Ehsaas Rashan Program [Check Your CNIC Now]
Ehsaas Youth Programme
The Ehsaas Youth Program 2024 is a promising program in the scheme to bring financial independence for the youth through entrepreneurship. Launched with a vision of enabling youths across Khyber Pakhtunkhwa, this program has facilitated interest-free loans, accessible training, and practical support for young people to bring their ideas into realities of thriving businesses. Everything you need to know about Ehsaas Youth Program registration, eligibility criteria, and the benefits awaiting you to help shape your future are included here.
The Ehsaas Youth Program is part of a larger endeavor of poverty reduction by having youth stand on their feet through economic means. Budget for the three-year program was three billion rupees, which focused on creating opportunities for entrepreneurs with no interest loans. These funds empower low-income youths to start or expand their businesses to ensure that they can positively contribute to their communities.Ehsaas Nowjawan Program
Ehsaas Youth Scheme Online Loan Portal is launched.
The Ehsaas Youth Scheme has further transformed the process by introducing an online loan portal. The friendly portal allows applicants to register and apply for loans, through the comfort of their homes. This online application removes the barriers that prevent most of the youth from participating; hence more young entrepreneurs are empowered to take their first step toward financial independence through this system.
Also Read: Ehsaas Rashan Program Online Registration Update 2024
Eligibility Criteria for Applying for the Ehsaas Youth Program 2024
For participation in the Ehsaas Youth Program, applicants are eligible if they adhere to the following eligibility criteria:
- The applicant should fall between 18 to 35 years of age.
- Only individual applicants are Pakistani citizens; international applicants are not considered eligible.
- Grupps consisting of three to five members may apply to take the loans to support collective ventures.
- Loans offered lie between ten lakh to fifty lakh rupees, depending on the business plan and needed amount of finance.
- All loans from this program are interest-free, hence applicants repay only the principal amount back after an elapse of time.
How to Register for the Ehsaas Youth Loan Step by Step
The registration procedure for Ehsaas Youth Loan is such that it makes applying simple and time-effective. To get started, here’s what you need to do
- Firstly, You Have to Visit the Online Portal Available Through All Devices That Connect to the Internet.
- Register with your CNIC mobile number and other relevant personal information
- Provide information regarding your business idea and requirements related to finances. Complete your form by placing accurate and
- legible information so that there is an increase in your chances to get approved.
- You may upload scanned copies of your CNIC and residence proof if asked for.
Preview all the information you have entered in the form and then submit it. You will receive a success message and you can track your application through portal
Also Read: ESAAS NEWS: Update on 8171 and Ehsaas Program Registration
Conclusion
Ehsaas Nowjawan Program information and registration process detailed instruction is available here if you want to register yourself check eligibility criteria then the complete information is also given here. Those who are interested to know all the details regarding registration and eligibility criteria are guided to read the article properly see full instructions then they can come to know that are they eligible or not.
If you are eligible then surely you will be given the loan but if you do not stand eligible then you will be aware. Proceed with the details and then the application and get registered. For more information and details, refer to the article at the website.
FAQ
How old do I need to be for the Ehsaas Youth Program?
The minimum applicant age is 18 years and the maximum applicant age is 35 years.
Can a group of people apply for the loan under the Ehsaas Youth Program?
Yes, 3 to 5 people together can apply and the chances of getting approval are higher.
Are the loans offered under the Ehsaas Youth Program interest-free?
Yes, all the loans offered under the Ehsaas Youth Program are interest-free. Therefore, one has to repay the borrowed amount only.
Amount of loan is different from business to business and it is different for different plans. Loans can range between 10 lakh rupees to 50 lakh rupees.
How do I get registration for Ehsaas Youth Loan?
One can submit the form through the online portal by creating his account and filling in all the required information following the form accordingly.
What are the documents required for registration in Ehsaas Youth Loan?
The applying candidates must upload their CNIC and proof of residence while filling up the application form.